<p>We introduce a novel mechanism where the kinetic energy of a rotating axion can be dissipated by the interactions with dark magnetic monopoles. This mechanism leads to a framework where the QCD axion and dark monopoles account for the dark matter density, and the observed baryon asymmetry is generated through the rotating QCD axion via axiogenesis. The monopoles acquire masses from a nonzero axion field, and they can transition between different quantized dyonic levels in the presence of a rotating axion field. The axion kinetic energy is dissipated by the transition, and thus the axion abundance is depleted to the observed dark matter abundance. We predict that the axion decay constant should be below 10⁹ GeV to explain the observed dark matter and baryon densities.</p>