Monad (MON) News Today: Why MON Is Up – 01 October 2026

• Aave proposed deploying Aave V4 on Monad on 29 September 2026, with USDC and USDT0 as borrowable assets. • Monad’s Metropolis Hackathon Builder Day runs 2 October in London, advertising $250,000 in prizes. • Monad’s Open conference is scheduled for 6 October in Singapore, ahead of Token2049. • Monad reports approximately 879M transactions, over 9M active wallets, and $1B in DeFi total value locked. • MON trades 34.34% below its all-time high of $0.04883, with a market capitalization of $379.29M.