DeFi
A Monad shark put $3.6 million into earnAUSD, a fifth of the yield token's market value
The busiest shark on Monad bought $16 million of tokens in a day, mostly dollar tokens. Its biggest one-way bet was a yield version of AUSD that CoinGecko values at $17.7 million.
DeFi
One Monad shark made 267 of 268 trades in a day. Its 30-day loss grew to $1.35 million
One wallet made almost every shark trade DeepSea tracked on Monad, cycling $7.1 million through two dollar tokens. Its losses keep growing.
Markets
One Monad wallet bought $2.38 million of ether. Its closed trades lost $1.15 million in 30 days
Every shark trade DeepSea logged on Monad in the last 24 hours came from one wallet. It bought wrapped ether and sold fixed-yield dollar tokens.
Culture
Pump.fun added Monad and TON and is pushing perps. So why is PUMP down 25% since October 12?
The Solana memecoin app now lets users trade Monad and TON tokens from one USDC balance and is pushing leveraged perps. Its PUMP token kept sliding, and daily revenue fell about 35% in 11 days.