Mon Protocol has made headlines by becoming one of the first Web3 games to launch a spot listing on HyperliquidX, achieving a market capitalization exceeding $160 million shortly after the listing. The launch is anticipated to set a precedent, with expectations that more Web3 projects will seek liquidity on HyperliquidX throughout 2025. Additionally, the fully diluted valuation (FDV) of Mon Protocol has reportedly increased by over $60 million, with trading volume surpassing that of all centralized exchanges where it is listed. This move highlights a growing trend in the Web3 gaming sector, as projects aim to capitalize on available liquidity and market opportunities.