Capricorn
APR Rank #601Price chart
What is Capricorn?
Trading and order flow
Capricorn builds trading infrastructure around Monad. Its exchange design concentrates liquidity near the market price and uses low-latency oracle updates. The project's infrastructure also coordinates order flow and execution opportunities. These functions concern trade execution rather than the issuance of Monad's native currency. The current Capricorn products continue the project previously presented under the aPriori name.
Liquid staking
The liquid staking product issues aprMON against staked MON. It is designed to make that staking position usable in other applications while the underlying assets continue participating in staking. The product also incorporates revenue from its execution infrastructure into the staking model. aprMON and APR are different tokens with different functions. An APR balance does not represent a redeemable deposit of MON.
APR allocation
The project introduced APR in October 2025 with a total allocation of one billion tokens. Its allocation includes community incentives, ecosystem development, foundation resources, contributors, backers and liquidity. The genesis distribution accounted for twelve percent of the total. Contributor and backer allocations have a one-year cliff followed by multi-year vesting. The launch materials describe an ERC-20 token and claims on Ethereum and BNB Chain. APR's distribution and ecosystem role are separate from the exchange's liquidity positions and the staking receipt token.
Where to trade APR
18 exchanges · top 10
Live spot quotes from connected exchanges
APR funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.