Monad

#18 of 33 networks by measured capital

$318.85M

<0.1% of all measured capital · 3 instruments · 3 issuers

Stablecoins 72%Watchlist 28%

As of 2026-09-14, OnChain Benchmark measures $318.85M of tokenized capital on Monad, across 3 instruments from 3 issuers. Every figure is read from the chain — nothing is estimated.

01 · Stablecoins

$228.14M — 71.6% of Monad

2 instruments

Instrument	Measured on MON	Share of chain
USDCUSD Coin Circle	$227.79M	71.4%
EURWNewrails EURW newrails	$354.37K	0.1%

02 · Watchlist

$90.71M — 28.4% of Monad

1 instrument

Instrument	Measured on MON	Share of chain
AHYPER_MONADHyperithm Delta Neutral Vault hyperithm	$90.71M	28.4%

Coverage

What this figure does — and doesn’t — include.

We count a deployment only when we can read its supply onchain and value it with a real price. Figures are measured, not estimated.

Every instrument we track on Monad is included in the figure above.

Methodology: how we measure · the full rated universe · chain quality ranking