In the fast-paced world of crypto, big launches often come with massive trading action, and Monad's recent debut is no exception. Just a day after Monad, a high-performance Ethereum-compatible layer-1 blockchain, went live, its native token $MON is already making waves. A tweet from Ben (@HypoNyms), a DeFi builder at Harmonic and Temporal, highlighted a stunning milestone: HumidiFi, a proprietary automated market maker on Solana, handled a whopping $35 million in $MON trading volume in just 24 hours.

This isn't just any random stat—it's a sign of how interconnected the crypto ecosystem has become. Monad launched on November 24, 2025, after years of development, aiming to supercharge Ethereum-style apps with faster speeds and lower costs. Its $MON token is used for paying gas fees, staking to secure the network, and governance. But here's the twist: thanks to tools like Wormhole's Sunrise gateway, $MON liquidity hit Solana almost immediately, allowing traders to buy and sell it on familiar DEXs without waiting for major exchange listings.

What Makes HumidiFi Stand Out?

HumidiFi isn't your average DEX. Launched in June 2025, it's a "prop AMM"—short for proprietary automated market maker—that combines deep liquidity pools with advanced features like dark pools for larger trades without massive price slips. In a short time, it has climbed to the top of Solana's DEX rankings, often accounting for 35% of the chain's total trading activity. According to data from DeFiLlama, HumidiFi has processed nearly $100 billion in volume overall, making it a go-to spot for high-volume tokens like $MON.

In the screenshot shared in the tweet, HumidiFi tops the list for $MON-USDC pairs, with over $34 million in 24-hour volume and thousands of trades. Other big names like SolFi V2, Meteora, and Orca trail behind, but together they show Solana's DEX ecosystem handling the influx efficiently. This cross-chain setup via Sunrise means Solana users can trade $MON directly, bridging assets seamlessly and boosting participation in Monad's ecosystem.

Why This Volume Matters for Meme Tokens and Beyond

While $MON is primarily a utility token for Monad, its rapid trading surge has a meme-like vibe—quick hype, high volatility, and community buzz. At Meme Insider, we track how these dynamics play out, especially when meme-inspired trading meets serious tech. $MON debuted at around $0.025 during its token sale but has since climbed to about $0.036, with total 24-hour volumes exceeding $1 billion across platforms, per CoinGecko.

This event underscores the power of Solana's low fees and speed in attracting liquidity for new launches. For blockchain practitioners, it's a reminder to watch cross-chain tools like Wormhole, which enable instant access and reduce barriers. If you're diving into DeFi, keeping an eye on DEX leaders like HumidiFi can help spot the next big opportunity.

As the crypto space evolves, stories like this show how innovation in one chain ripples across others. Whether you're staking $MON on Monad or flipping it on Solana, the "Internet Capital Markets" are more connected than ever. Stay tuned for more updates on emerging tokens and DeFi trends right here at Meme Insider.