MAU counts unique users active in a 28- or 30-day window. It's the headline engagement metric for most consumer and B2B products, a smoothed view of whether the user base is growing, plateauing, or contracting.
MAU is most informative when paired with DAU (to compute stickiness) and with cohort retention (to separate acquisition growth from retention quality). MAU growing while DAU/MAU is flat usually means acquisition is masking weak engagement.