Monda, the leading DEX and liquidity incubator on the Monad blockchain, has rebranded to Purps exchange and now offers cross-chain swaps.
According to a recent official announcement on X, Monda has officially rebranded to Purps exchange. The platform’s new home is now Purps.xyz, with the old domain Monda.fund fully redirected.
In a follow-up post, the company explained the reasons behind the rebrand. First, the former name “Monda” unintentionally clashed with other “Mon-” projects in the Monad ecosystem, leading to confusion and reputational setbacks.
The move to Purps also reflects the exchange’s maturation. As the DEX rapidly scaled, the team felt it had outgrown the “Mon-da” label and needed a name that stood independently, without direct ties to Monad itself.
The new name, Purps, not only captures with the platform’s signature purple theme but also carries a clever nod to its core offering perps trading. The phrase “Are you trading purps today?” is now both a brand slogan and a playful double entendre within the trading community.
