Controlling the properties of materials by driving them out of equilibrium is an exciting prospect that has only recently begun to be explored. In this Letter we give a striking theoretical example of such materials design: a tunable gap in monolayer graphene is generated by exciting a particular optical phonon. We show that the system reaches a steady state whose transport properties are the same as if the system had a static electronic gap, controllable by the driving amplitude. Moreover, the steady state displays topological phenomena: there are chiral edge currents, which circulate a fractional charge e/2 per rotation cycle, with the frequency set by the optical phonon frequency.