On November 30, in response to Arthur Hayes' frequent criticism of $MON, Monad founder Keone Hon responded on X, saying, "I have a lot of respect for everything you've done for the industry. Perpetual contracts are a remarkable innovation, and I believe they will continue to grow rapidly in the future. Over the past few days, I've seen you comment on Monad several times, and while some of the content may have been taken out of context, I thought you might be interested in what makes Monad unique. I'm sure you faced a lot of FUD when you were innovating at BitMEX, but you faced the questions head-on and kept moving forward, and I'm going to be bold enough to respond in the same way... If you're willing to try Monad, I can transfer you some MON."
Previously, Arthur Hayes: Monad ($MON) may plummet 99%, it is a high-risk VC coin.[TechFlow]