Glossary
What is WMON?
WMON (Wrapped MON) is an ERC-20 version of MON, used wherever a contract requires a standard token rather than the native coin.
Native coins like MON don't implement the ERC-20 interface, so DEX contracts that expect tokens on both sides use a wrapped version. One WMON is always redeemable 1:1 for MON.
Wrapping and unwrapping happen automatically in most swap and liquidity flows, so you rarely handle WMON directly.
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Related terms
- MONMON is the native coin of the Monad blockchain, used to pay gas fees and as the base asset most tokens are paired against in liquidity pools.
- ERC-20ERC-20 is the standard interface for fungible tokens on Ethereum and EVM chains like Monad, defining the functions (transfer, approve, balanceOf) every wallet and exchange expects a token to have.
- Liquidity poolA liquidity pool is a smart contract holding two tokens that traders swap against; its balances set the price via an automated market maker formula.