Monda, the main Dex and liquidity incubator for the Monad blockchain, has been rebranded to Purps Alternate and gives cross-chain swap.
In response to a current official announcement about X, Monda has been formally rebranded to Purps Alternate. The brand new residence on the platform is now purps.xyz, with the outdated area monda.fund being totally redirected.
In a follow-up submit, the corporate defined the explanations behind the model. First, the earlier title “Monda” that unintentionally collided with different “Mon” tasks within the Monad ecosystem led to a disruption and a retreat in repute.
Shifting to PURPS additionally displays the maturity of the alternate. With Dex increasing quickly, the workforce felt that the “Mon-Da” label had grown and that they wanted a reputation that stood independently and with out straight associated to the Monad itself.
The brand new title Purps not solely captures the platform's signature purple theme, but additionally brings a intelligent nod to its core providing, 20x PERPS buying and selling. The phrase “Are you swapping purple right this moment?” is now the model's slogan and each playful double endangers throughout the buying and selling group.
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Right this moment, the corporate additionally introduced that it’s integrating Cryptorubic, a decentralized bridging protocol that allows native cross-chain token swap. To have fun, the corporate is providing 250 monad presents.
Purps X @cryptorubic integration🤝
We built-in @cryptorubic into Dex to supply customers with a seamless cross-chain bridge expertise straight inside Purps Dapp.
To have fun, now we have 250 monad presents 💜
(50 Monad x 5 winners)To enter:
1. lik + rt
Day 2 Monad… pic.twitter.com/crestrwbqx– Monad's Purpdex 🦄 (@purpsexchange) Might 6, 2025
Cross-chain token swaps at the moment are reside, permitting PURPS to simply entry its deep liquidity and low-cost immediate swaps by customers in different chains. Bridging is constructed into DAPP, permitting new customers to board sooner with out friction and supply buying and selling or liquidity.
Past swapping, Purps additionally acts as a token launchpad. You may apply the undertaking and should host your first Dex product on PURPS Launchpad. By the incubation programme, chosen tasks will entry funding, group development sources, and market traction help to speed up improvement and adoption.
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