MON Protocol
MONDecentralized game IP publishing and governance protocol
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.11% | 5.01% | 23.78% | 98.53% | 98.88% | 41.47% |
Comparison
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x65a8...9780 | ![]() MON | 264,950,273.9 | 40.95% | $59.19K |
| 0xbffe...4524 | ![]() MON | 100,000,000 | 15.46% | $22.34K |
| 0xf997...1ec3 | ![]() MON | 52,881,592.26 | 8.17% | $11.81K |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | HHTXCEX | MON/USDT | $0.007995 | $131 | $22 | $687,814 | 914796.91% |
| 2 | BBybitCEX | MONPRO/USDT | $0.007855 | $829 | $1,426 | $40,061 | 53281.38% |
| 3 | MON/USDC | $0.007914 | $2,621 | $2,613 | $4,346 | 5780.26% | |
| 4 | MON/USDC | $0.007914 | $2,621 | $2,613 | $4,346 | 5780.26% | |
| 5 | MON/WETH | $0.007929 | $2,369 | $2,362 | $3,092 | 4112.69% | |
| 6 | KKuCoinCEX | MONPRO/USDT | $0.007915 | $383 | $244 | $1,121 | 1492.19% |
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About MON Protocol
MON Protocol is a Web3 gaming IP project centered on Pixelmon, operating a chain-agnostic publishing platform. Its core business includes: 1) Decentralized IP governance: MON DAO manages on-chain rights for over 200 Pixelmon monster characters, with token holders participating in licensing decisions and revenue distribution. 2) Gaming ecosystem: It develops games like Pixelpals and Warriors of Nova Thera, where MON serves as the primary in-game currency for purchases and discounts. 3) Launchpad: Users stake MON to earn points and receive token airdrops from partner projects.
Its core value proposition addresses market fragmentation in Web3 gaming. By providing a unified publishing layer, it helps projects acquire quality users through a tiered funnel, while IP holders gain transparent ownership and monetization. MON tokens also offer practical utility through staking rewards and governance.
In the past six months (2026-03-08 to 2026-09-08), MON Protocol expanded its ecosystem partnerships and continued launchpad activities. In April 2026, Category Labs increased its MON buyback authorization to $80 million, extending the program through end of 2026. However, the token price remained weak, down about 35% over the past month, reflecting broader bearish sentiment in the Web3 gaming sector. The project also faced historical challenges, including the 2022 Pixelmon NFT art controversy and significant token price decline since its 2024 TGE.
MON Protocol is a governance project for the Pixelmon IP, aiming to manage the IP and its ecosystem in a decentralized manner. Key milestones with long-term significance include:
On May 27, 2024, the MON token TGE was launched, along with the staking platform. Users can stake MON to earn tokens such as MEME, marking the official operation of the token economy and laying the foundation for community participation and ecosystem incentives.
Subsequently, MON Protocol announced the establishment of MON Ventures, led by 500 Global. The fund focuses on investing in blockchain games and infrastructure, aiming to accelerate the development of the Web3 gaming ecosystem, reflecting the project's strategic expansion from single IP governance to an ecosystem investment platform.
These two milestones represent the launch of the token economy and the capital layout for ecosystem expansion, respectively, with profound impacts on the project's long-term development.
Co-founders: Giulio Xiloyannis (current CEO): Singapore-based entrepreneur; co-founded Zalora and served as Group COO/CCO and Country MD across multiple markets. In 2021, he co-founded LiquidX (later rebranded MON Co.) with Chris; acquired the Pixelmon IP in 2022, leading the MON Protocol ecosystem and Web3 game publishing.
Chris Sirise (co-founder & CPO): B.Eng. from the National University of Singapore; former Product Manager at Grab and Founding Partner of Saison Capital (managed $100M+ AUM); also an angel investor in Web3 and consumer companies. Currently co-founder of MON Co. and Chief Product Officer of Pixelmon.

