Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
TVL $15.1B+1.9%Ethereum · Base · Arbitrum +18
Ecosystem guide
The Monad ecosystem
The best dApps on Monad by sector: DeFi, games, NFTs and more. 113 projects tracked, 113 reviewed in full.
Full Monad ranking →- dApps
- 113
- Reviewed
- 113
- TVL tracked
- $936M
- Native token
- MON
Monad is a Layer 1 blockchain built to run Ethereum-style applications faster and more cheaply. It is EVM-compatible, so developers can bring over existing smart contracts and tooling. Its main design choices are parallel execution of transactions and a split between consensus and execution: validators agree on the order of transactions first, and execution runs asynchronously, slightly behind that agreement.
The native token is MON, which is used to pay network fees and is part of the chain's validator and staking setup. Fees are meant to stay low because the chain is built for high throughput, but exact costs depend on network conditions. At the time of writing, DeFi TVL on Monad is about $928 million.
The Monad ecosystem leans toward lending and yield. Aave V3, Morpho Blue, Euler V2 and the Monad-native Curvance cover borrowing and lending, while Uniswap V4 handles token swaps. A large share of the listings are vault and risk-curation platforms such as Veda, Upshift, Steakhouse Financial, RockawayX, Hyperithm, K3 Capital and Clearstar. Bridges including LayerZero V2, USDT0 and Unit connect the chain to others. Our directory lists 110 dApps on Monad.
Monad ecosystem in numbers
- Tracked
- 113
- Reviewed
- 113
- Total TVL
- $71.0B
- Avg. score
- 6.5/10
Largest by TVL
- 1
LayerZero V2$16.7B
- 2
Aave V3$15.1B
- 3
Morpho Blue$10.9B
- 4
Gate$5.84B
- 5
Bitget$5.82B
Highest rated
- 1
- 2
Uniswap V48.5
- 3
Uniswap V38.4
- 4
- 5
Reviewed
Top-rated dApps on Monad
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
TVL $1.14B−2.9%Ethereum · Robinhood Chain · Base +19
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
TVL $1.51B−3.7%Ethereum · Base · Arbitrum +38
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
TVL $16.7B+8.9%Polygon · Ethereum · ApeChain +76
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
TVL $10.9B+4.0%Ethereum · Base · Robinhood Chain +41
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
TVL $864M−4.1%Ethereum · Base · Polygon +14
By sector
Best Monad dApps by sector
DeFi on Monad81
- 1
- 2
- 3
- 4
- 5
Uniswap V28.0
Gaming on Monad2
- 1
Ninjaverse6.5
- 2Drkvrs—
NFT on Monad2
- 1
Magic Eden6.5
- 2
OmniHub6.3
Gambling on Monad4
- 1
Ample5.5
- 2
Levr Bet5.3
- 3
Narwhal Finance5.0
- 4
Kizzy$54.4K
AI on Monad1
- 1Velvet6.5
Infrastructure on Monad23
- 1
- 2
Across8.0
- 3
Sablier Lockup8.0
- 4
Triton7.9
- 5
Veda7.6
Tokens
Top tokens on Monad
Monad's native coin is Monad (MON). The largest tokens with a contract on Monad, by market cap.
| # | Token | Price | 24h | 7d | Market cap | Volume 24h |
|---|---|---|---|---|---|---|
| 6 |  USDCUSDC | $0.9995 | −0.0% | +0.0% | $70.4B | $18.1B |
| 17 |  ChainlinkLINK | $10.81 | −6.3% | −2.8% | $8.29B | $364M |
| 23 |  Ethena USDeUSDE | $0.9987 | −0.1% | +0.0% | $4.52B | $45.9M |
| 29 |  USD1USD1 | $0.9977 | −0.1% | −0.1% | $3.59B | $1.29B |
| 86 |  GHOGHO | $0.9987 | −0.0% | +0.1% | $698M | $7.14M |
| 96 |  Janus Henderson Anemoy AAA CLO FundJAAA | $1.05 | 0.0% | +0.1% | $578M | — |
| 135 |  PendlePENDLE | $1.67 | −7.0% | −3.3% | $290M | $51.2M |
| 194 |  AUSDAUSD | $0.9990 | −0.0% | +0.0% | $156M | $13.2M |
| 254 |  ApeCoinAPE | $0.1101 | −6.0% | −0.8% | $110M | $12.9M |
| 261 |  Saturn DollarUSDAT | $0.9978 | −0.1% | −0.0% | $107M | $1.02M |
| 276 |  Janus Henderson Anemoy Treasury FundJTRSY | $1.12 | 0.0% | +0.1% | $97.3M | — |
| 333 |  SP500 xStockSPYX | $740.45 | −4.0% | −3.3% | $72.3M | $14.1M |
| 432 |  Anemoy Tokenized Apollo Diversified Credit FundACRDX | $1.02 | 0.0% | +0.1% | $51.1M | — |
| 475 |  eBTCEBTC | $80,280 | — | +25.3% | $44.5M | — |
| 481 |  FOLKSFOLKS | $2.38 | −4.9% | +2.7% | $43.7M | $663K |
| 552 |  MetaMask USDMUSD | $0.9990 | −0.0% | +0.0% | $36.8M | $9.13M |
| 629 |  Midas mHYPERMHYPER | $1.14 | 0.0% | +0.2% | $31.2M | — |
| 917 |  CapricornAPR | $0.0422 | +0.5% | −23.5% | $17.0M | $3.87M |
| 1062 |  Midas Rockaway Market NeutralMROX | $1.16 | 0.0% | +0.1% | $13.0M | — |
| 1628 |  ShMonadSHMON | $0.0283 | −5.3% | −12.3% | $5.39M | $560 |
Guides
Monad guides
Blockchain
Blockchain Examples and How They WorkLearn how blockchains record and verify transactions, how consensus keeps a shared ledger in sync, and how Bitcoin, Ethereum and other networks put the technology to work. See practical examples, key trade-offs and ways to assess whether a blockchain is a good fit.
Blockchain
Blockchain for Data: Uses, Limits and How It WorksBlockchains can create shared records that are difficult to alter, but they are not a general-purpose replacement for databases or file storage. Learn what belongs on-chain, how blockchains connect to outside data, and when the trade-offs make sense.
Blockchain
Casper Network and CSPR: A Practical Guide for 2026Casper Network is a proof-of-stake blockchain, and CSPR is its native token. This guide explains the network’s purpose, how CSPR is used, and what to check before staking or transacting.
Blockchain
Cosmos Network Guide: Chains, IBC and ATOM in 2026Cosmos is an ecosystem of independent blockchains, not one chain that processes every app and token. Learn how the Cosmos Hub, Cosmos SDK and IBC fit together, what ATOM does, and how to assess transfers, staking and risks in 2026.
Blockchain
How the Bitcoin Lightning Network WorksThe Bitcoin Lightning Network moves payments through channels that sit on top of Bitcoin, so most transfers do not need their own blockchain transaction. Learn how channels, routing, fees and liquidity work, and what to consider before using Lightning.
Blockchain
How to Mine Cryptocurrency on Android in 2026Android phones can run mining software, but their limited processing power, battery drain and heat make profitable mining unlikely. Learn how to assess the risks, try a small proof-of-work experiment safely, and spot apps that only simulate mining or sell cloud contracts.
Monad FAQs
What is Monad?
Monad is a Layer 1 blockchain that is compatible with the Ethereum Virtual Machine. It is designed for fast, low-cost transactions through parallel execution and by separating transaction ordering from execution. Developers can reuse Ethereum-style smart contracts and tools.
Is Monad EVM-compatible?
Yes. Monad is EVM-compatible, so contracts written for Ethereum can generally be deployed on it with little change. This is why many multichain protocols, such as Aave V3, Uniswap V4 and Euler V2, list Monad among their supported networks.
What is the MON token used for?
MON is Monad's native token. It is used to pay network transaction fees and is tied to the chain's validator and staking system. Check the official Monad documentation for current token details before you buy or use it.
How much value is locked in Monad DeFi?
At the time of writing, DeFi TVL on Monad is about $928 million. That figure changes daily, so treat it as a snapshot. Lending and vault-based products account for much of the activity among the dApps we list.
Which dApps are available on Monad?
Our directory lists 110 dApps on Monad. They include lending protocols like Aave V3, Morpho Blue, Euler V2 and Curvance, the DEX Uniswap V4, and vault and curator platforms such as Veda, Upshift and Steakhouse Financial. Bridges like LayerZero V2 and USDT0 also support the chain.
Are Monad dApps safe to use?
Not necessarily. Many dApps here are multichain, so listing Monad does not mean every feature is live on it. Smart contracts carry risks such as bugs, depegs and bridge failures, so check each dApp's own documentation, audits and supported networks, and never put in more than you can afford to lose.
What is the largest dApp on Monad by TVL?
LayerZero V2 is the largest dApp on Monad by total value locked, with $16.7B across all the chains it supports. It is followed by Aave V3 ($15.1B) and Morpho Blue ($10.9B). TVL figures come from DefiLlama and change daily.
Which dApp on Monad has the highest DappsAtlas score?
Aave V3 has the highest score at 8.6/10, ahead of Uniswap V4 (8.5) and Uniswap V3 (8.4). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Monad?
DappsAtlas tracks 113 dApps on Monad. Of these, 113 have a full review and 89 report value locked, $71.0B in total, counting value on every chain they support.
What are the most common types of dApps on Monad?
DEXes (25), Lending (11) and Risk Curators (9) are the largest categories on Monad, by number of projects.
Which dApps on Monad grew the most this week?
Among dApps with at least $1M locked, Accountable had the biggest 7-day TVL gain (+47.5%) and ShMonad the biggest drop (−19.6%). Combined TVL moved +2.6% over the same seven days.
What is the average score for dApps on Monad?
The 100 rated dApps on Monad average 6.5 out of 10. Of these, 9 score 8 or higher and 3 score below 5.