Monda, the main DEX and liquidity incubator on the Monad blockchain, has rebranded to Purps change and now gives cross-chain swaps.
In response to a latest official announcement on X, Monda has formally rebranded to Purps change. The platform’s new house is now Purps.xyz, with the previous area Monda.fund absolutely redirected.
In a follow-up publish, the corporate defined the explanations behind the rebrand. First, the previous identify “Monda” unintentionally clashed with different “Mon-” initiatives within the Monad ecosystem, resulting in confusion and reputational setbacks.
The transfer to Purps additionally displays the change’s maturation. Because the DEX quickly scaled, the crew felt it had outgrown the “Mon-da” label and wanted a reputation that stood independently, with out direct ties to Monad itself.
The brand new identify, Purps, not solely captures with the platform’s signature purple theme but additionally carries a intelligent nod to its core providing—20x perps buying and selling. The phrase “Are you buying and selling purps in the present day?” is now each a model slogan and a playful double entendre throughout the buying and selling neighborhood.
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At this time, the corporate additionally introduced it has built-in CryptoRubic, a decentralized bridging protocol that permits native cross-chain token swaps. To have a good time, the corporate is doing 250 Monad giveaway.
Purps x @CryptoRubic Integration 🤝
We’ve built-in @CryptoRubic into our DEX to present customers a seamless cross-chain bridge expertise instantly contained in the Purps dApp.
To have a good time, we’re doing a 250 Monad giveaway 💜
(50 Monad x 5 winners)To enter:
1. Like + RT
2. Tag 3 Monad… pic.twitter.com/crestrWBqx— Purps DEX on Monad 🦄 (@PurpsExchange) Could 6, 2025
With cross-chain token swaps now reside, Purps makes it straightforward for customers from different chains to entry its deep liquidity and low-cost, immediate swaps. With bridging constructed into the dApp, new customers can onboard quicker and begin buying and selling or offering liquidity with out friction.
Past swapping, Purps additionally serves as a token launchpad. Tasks can apply to be featured and doubtlessly host their Preliminary DEX Providing on the Purps Launchpad. By way of its incubation program, chosen initiatives achieve entry to funding, neighborhood development sources, and market traction assist to speed up their improvement and adoption.
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