The name Monna might ring a bell for SEI community members who were active a few months ago. Monna was initially set to become the first leverage trading dApp on Sei. However, after a period of significant buzz, they went silent for several months. In the interim, Filament Finance stepped in and is now the first and only leveraged trading dApp on the network.
What exactly happened to Monna during this time remains unclear. Their branding, which was among the most polished in the ecosystem, had left a strong impression. And things appeared to be progressing smoothly before their sudden disappearance.
Now, Monna is making a comeback. Based on the community’s reaction to their announcement on Twitter, however, the excitement seems subdued. It’s not surprising—the abrupt departure without explanation left many in the Sei community hesitant to fully embrace their return.
Monna offers more than just leveraged trading; they also feature leveraged staking and lending. While their re-entry has been met with mixed reactions, it will be interesting to see how things unfold for them in the coming weeks.
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