MON Earn

MON Earn

Starting January 16, 2026, the base rewards in the 'MON Earn' program are accrued through staking on the Monad blockchain. Learn more

Additionally, you now have access to extra rewards with a Boosted APY.

MON Earn has been revamped and is back updated. It is now an open-ended program that allows you to earn daily rewards for storing MON tokens in your Earn account.

You can join by checking the Earn section in Crypto Wallet, choosing ‘MON’ and tapping on ‘Start Earning’. By participating in MON Earn, you will receive daily MON rewards for your deposit.

If you need help topping up your Crypto Wallet, check out the instructions here.

Make sure to read the Terms of the program here.

Start of program: November 25, 2025.

What is MON

Monad (MON) — is the native token of the Monad network, a high-performance blockchain designed to address the scalability and efficiency limitations of existing networks, particularly Ethereum, while maintaining compatibility with the Ethereum Virtual Machine (EVM). This compatibility enables a smooth transition for both developers and users from Ethereum to Monad and allows developers to deploy existing Ethereum smart contracts and use a broad range of applications, tools, wallets, and analytics services with minimal modifications.

Using Crypto Wallet, you can withdraw and deposit MON from external services, as well as swap them to TON, USDT or XLM.

Monad is an independent project with no affiliation to the Crypto Wallet team. For more updates and details about the project, check token’s official website.

Where do rewards for MON Earn come from 

Starting January 16, 2026, the base rewards in the 'MON Earn' program are accrued through staking on the Monad blockchain. 

Crypto Wallet stakes an amount of assets equivalent to what you commit to Earn on the Monad blockchain, helping support its operations. The rewards are generated directly through the blockchain’s staking process and passed down to Crypto Wallet, which then distributes them to you as a MON Earn participant.

What is staking and is it secure

Staking is one method of earning passive income for crypto assets, based on a Proof-of-Stake (PoS) mechanism. The participants lock their assets (i.e. stake them) to maintain the blockchain’s operating functions, transaction reviews, and the creation of new blocks in the blockchain. In return, they receive extra MON tokens as rewards.

Unlike Proof-of-Work (PoW), where miners use computing power to solve complex problems, PoS relies on its participants, who “freeze” their assets for a specified time period. Cryptocurrency staking increases network efficiency, and its users get token rewards. In our case, users will get MON tokens as rewards.

Important: While providing services for cryptocurrency storage, Crypto Wallet does not provide investment advice. Like any other cryptocurrency related operation, staking involves risks. Crypto Wallet does not control the Monad blockchain and is not responsible for the network’s performance. Before making an investment, we encourage you to do your own research and due diligence and carefully check the MON Earn Terms.

Learn more about the process and mechanisms of staking on the Monad blockchain website.

How long will MON Earn last

Store your crypto assets in the Earn account without any time limits. The program does not have an end date. You can open your Earn account and top it up at any time, starting from November 25.

Is participation restricted for certain regions

Yes, there may be certain regions where participation is restricted. In accordance with the User Agreement, Crypto Wallet reserves the right to select participating markets and jurisdictions, and may restrict some services in certain countries or specific regions.

You can check whether the MON Earn program is available to you in the ‘Earn’ section. If you do not see the related ‘Earn’ tab in your Crypto Wallet, it is likely that the program is not available in your region.

How can I deposit MON into Earn

On the Earn page, tap ‘Deposit’ and enter the amount in MON that you wish to place in the Earn account. If you don’t have enough MON in your balance, you can top up your Crypto Wallet in the following ways:

  • Deposit MON from another wallet or from a centralized crypto-exchange (CEX).
  • Exchange other cryptocurrencies for MON.

After being deposited into your Earn account, the funds will appear in the ‘Balance’ section on the MON Earn page.

How much can I deposit into Earn

You can deposit up to 500,000 MON to your Earn account.

The minimum deposit amount is 1 MON.

Note: 

  • There is a maximum limit on the amount that accrues bonus rewards, and this limit is 25,000 MON.
  • MON Earn program may become temporarily unavailable if the total amount of all user deposits reaches 250 million MON.

When will I receive my first rewards

You will start earning rewards the next full day following your deposit successfully reaching your Earn account. For example, if you deposit your MON at 23:00 UTC on November 26, and it is credited successfully, you will accrue rewards starting November 28 (between 07:00 and 12:00 UTC).

In this case, only November 27 is counted as a full day. November 26 will not be counted in the calculation, since it wasn't a full day of your funds stored in the Earn account (i.e. it was only 1 hour out of the entire day of November 26).

The reward amount for a specific day depends on the minimum balance that you had in your Earn account on the previous calendar day. In the example above, you are not eligible for November 27 rewards, since the minimum balance on November 26 was 0 MON. The reward for November 28 will be calculated based on the minimum balance on November 27.

Where will the rewards be credited

Rewards in MON are accrued daily in separate transactions on the remaining deposit balance of your Earn account. After that, you will be able to transfer them to your main Crypto Wallet balance in parts or all at once, upon canceling your participation in the program.

What does APY mean

APY (Annual Percentage Yield) refers to the annual rate of return on your Earn deposit, expressed as a percentage. In simple words, if you deposit MON, APY will help you understand how much MON you would accrue over a one-year period. The interest you earn will then roll into the next calculation: the longer you keep funds in Earn, the larger your yield will be over time.

The APY rate is volatile, and its percentage changes daily. A certain reward amount is not guaranteed. For up-to-date APY information, always refer to the MON Earn page.

What does Boosted APY mean

Boosted APY helps you make an extra return on your Earn deposit. Boosted APY uses the same calculation formula as Base APY, but applies only if you keep a specified amount of funds in your Earn account at a specified time period.

Extra rewards at the Boosted APY rate are only available to users who are depositing to MON Earn for the first time. If you are joining MON Earn for the first time (even if you participated in other Earn programs before), you will be eligible for Boosted APY rewards for 60 days after you make your first MON Earn deposit.

Boosted APY in MON Earn is effective from January 16, 2026 and is not available to those users who made their first MON Earn deposit before this date.

Read here on how Boosted APY rewards are calculated.

How does Boosted APY work

Boosted rewards are calculated using the same formula as Base rewards, but with some limitations. Boosted rewards will be accrued at a special approximate 5% APY, in addition to the Base rewards (which are subject to the Base APY), and will apply only to the first 25,000 MON received in your Earn account. If your Earn balance exceeds 25,000 MON, Boosted APY will apply only to the first 25,000 MON, and the remaining balance will earn rewards at the Base APY.

Example calculations (assuming a 10% Base APY):

  • If you deposit 20,000 MON, you will receive rewards at 15% Boosted APY (i.e. basic rewards at 10% Base APY + extra rewards at 5% APY) on the entire deposit.
  • If you deposit 30,000 MON, you will receive rewards at 15% Boosted APY (i.e. basic rewards at 10% Base APY + extra rewards at approximately 5% APY) only on the first 25,000 MON deposited. The remaining 5,000 MON will earn you rewards only at 10% Base APY.
  • After the Boosted APY period is over (that is, in 60 days after your first transaction to MON Earn), you will receive rewards only at the relevant Base APY, regardless of your Earn account balance.

Please note: Boosted rewards are available for a limited time — only for the first 60 days after your initial deposit to MON Earn.

How is APY calculated and what does it depend on

The percentage value for Boosted APY is the sum of Base APY (changes daily) and APY for extra rewards.

Please note: the percentage value that you see in the ‘APY’ field is the effective rate, accounting for both Base and Boosted APY rates.

Effective APY (Annual Percentage Yield) is the real rate of return, expressed as a percentage, that shows how much you can earn in one year, taking into account the effect of compounding interest. It differs from Base APY by incorporating how frequently the interest is compounded (in this case - daily). See here how the effective rate is calculated.

Why does APY change

The Base APY percentage may change daily due to market conditions and blockchain performance.

As a rule, the Boosted APY percentage is fixed throughout the program; that said, in some situations, it may change at Crypto Wallet's discretion. Boosted APY is available for a limited time — that is, the first 60 days after your initial deposit to MON Earn. After those 60 days are over, Boosted APY will no longer apply.

How are the rewards calculated 

Here is the formula to calculate your reward:

Example: you deposited 20,000 MON to your Earn account.

If the APY rate is 10%, then you will receive the following reward: 

If the APY rate is 12%, then you will receive the following reward:


How are the Boosted APY rewards calculated

Here is the formula to calculate your Base rewards:

And here is the formula to calculate your Boosted rewards:

Example: you deposited 30,000 MON to your Earn account during the Boosted APY period (first 60 days in MON Earn).

If the Base APY is 10%, then you will receive the following reward on the full balance:

If the Boosted APY is 5%, then you will receive the reward with this APY on your deposit’s first 25,000 MON only:

This way, your total reward per day will be:

Why is 10% Base APY + 5% Boosted APY ≠ 15%

This is because the annual percentage yield (APY) already accounts for compound interest (reinvestment). APY is not just a “yearly rate” but the eventual capital growth including the fact that the earned profit itself starts generating new profits. Due to compounding, the result is always higher than the simple sum.

Since in this case the annual rates apply sequentially (first Base APY, then Boosted APY), the final APY is calculated using the following formula:

If you first earn rewards at a 10% Base APY, and then another 5% APY is applied to the increased balance, then you will get the following Final APY:

The final APY is 15.29%, not 15% (since the second reward payment goes to an already increased balance). Due to compounding, the final result is always greater than the simple sum. As a result, in order for the final APY to be exactly 15%, rewards for the current day may accrue at an APY lower than 15%.

How is Effective APY calculated

Here is the formula to calculate the applicable Effective APY:

For example, in scope of the above calculations, the Effective APY will be:


How much will I receive if I deposit 20,000 MON on January 17? How do you calculate the reward

Reward calculation is based on the minimum deposit balance from the previous calendar day. This means you will start to see rewards accruing one day after your initial deposit.

Let us look at the example above, accounting for 10% APY. The reward for January 18 will be calculated based on a balance of 0 MON, as the minimum balance on January 17 was 0 MON. The reward for January 19 will be calculated based on the minimum balance on January 18, which is 20,000 MON. In that case, the reward would be around 5.2 MON.

Your rewards will continue to accrue every day after — without needing to add more MON to your Earn account.

Why am I receiving different rewards amounts on different days, despite the same total deposit

The APY rate is volatile, and its percentage amount may change daily, due to market conditions and blockchain performance. If APY rates change, the reward amount may also differ on different days, even if the deposit amount is the same.

Where can I see my accrued rewards

You can see the total rewards accumulated during your entire period of participation in MON Earn in the ‘Total Earned’ section on the Earn page. 

The full reward history is accessible in your Transaction History on the Earn page.

Do I need to complete verification to participate in MON Earn

You have to pass verification successfully to make a deposit in your Earn account. If you haven’t verified your Crypto Wallet yet, you can do so on the Earn page by сhoosing the desired program.

To participate in MON Earn, it is mandatory to pass verification in Crypto Wallet. The required verification level depends on internal security measures and is set on a case-by-case basis, taking into account various criteria.

Once you confirm your participation in MON Earn, Crypto Wallet will suggest the verification level you need. Read more about different verification levels.

My verification (KYC) was not successful, will I be able to participate

Successful verification is mandatory for participation, in accordance with the Terms of the program. If you failed to pass KYC, we recommend that you contact our customer support. Our team will take a closer look at your situation and communicate the next steps.

I no longer wish to participate in MON Earn

You can close your Earn account and withdraw the whole deposit, along with the rewards earned, at any time. To do so, tap ‘Withdraw’ and type in the amount for withdrawal. The MON amount (your deposit plus rewards) will appear in your Crypto Wallet balance.

When requesting a withdrawal from your Earn account, you withdraw funds from its joint balance, including both your deposit and all the rewards earned.

Note: withdrawals from the program are usually processed instantly, but in rare cases (e.g., during periods of high demand) they may take up to 18 hours.

I withdrew funds from MON Earn and closed my Earn account. Can I participate again

Yes, you can deposit and participate again. However, the program terms and the APY rate are subject to change and may be different at that time.

Why does my friend / relative earn Boosted APY rewards, but I don’t

This is indeed possible in the following cases:

  • More than 60 days passed since your first transaction in MON Earn, while your friend’s first transaction was within the past 60 days.
  • You made your first deposit to MON Earn before January 16, 2026, while your friend’s deposit occurred after (i. e. when Boosted APY became available).
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