Monad Rallies 51% Following Mainnet Launch as Futures Open Interest Hits $178M

Monad surged 51.2% to $0.048 after its November 24 mainnet launch before settling at $0.043, with trading volume climbing 85% to $1.22 billion. Whale-driven futures positioning pushed Open Interest to a record $178 million while Derivatives Volume surged 139% to $2.65 billion, data show. The rally reflects aggressive bullish positioning amid elevated technical indicators.