Hyperliquid has come under fire for altering the $MON ticker display from Mon Protocol to MONPRO, prioritizing the Monad project. Mon Protocol had invested approximately $500,000 in a Dutch auction to secure the $MON ticker on Hyperliquid's spot market. However, Hyperliquid justified the change by citing the need to avoid user confusion, given Monad's prominence in the market. This decision has sparked criticism, with community members accusing Hyperliquid of devaluing the auction process and favoring larger projects.