Polymarket Adds MON and USDC Deposits via Monad to Lower Friction for Traders
Polymarket has integrated native MON and USDC deposits via the Monad Network, enabling users to fund accounts and place bets directly from Monad wallets without cross‑chain swaps. The update reduces deposit times, fees and onboarding friction by moving tokens from user Monad wallets into Polymarket smart contracts on‑chain. Monad is positioned as a high‑performance L1 offering faster, lower‑cost transactions; Polymarket’s move is part of a broader multi‑chain expansion to broaden access, improve liquidity and attract more prediction‑market participants. Traders should note onboarding requirements — acquiring MON or USDC on Monad and using a compatible wallet — and MON’s price volatility versus USDC’s stability. Expected benefits include faster market entry, lower transaction costs and potentially deeper liquidity for markets denominated or funded in USDC or MON.
Bullish
The integration is likely bullish for MON specifically and neutral-to-positive for market activity on Polymarket. Native deposit support reduces onboarding friction and fees, which typically increases user activity and on‑chain volume. For MON this can raise demand on Monad as traders acquire MON to fund accounts, improving short‑term buying pressure. In the short term, expect increased on‑chain flows and possible upward pressure on MON as liquidity and accessibility improve. In the longer term, impact depends on sustained user adoption and trading volume: if Polymarket successfully attracts more users via lower costs and faster deposits, MON adoption could strengthen further and contribute to higher baseline demand. USDC itself is stable and should see higher volume but no price impact. Risks include MON’s inherent volatility and broader market conditions that could offset positive pressure.