The Monad team has unveiled the full tokenomics structure for its MON token, with the mainnet launch and the Token Generation Event (TGE) scheduled for November 24, 2025. This information is relevant because it defines the initial supply, the lockups and the public sale window that will affect liquidity, incentives and risk for early users and investors. According to the announcement, the token economy aims to prioritize ecosystem stability and development over immediate supply unlocks.
Monad has set a total supply of 100 billion MON with an indicative public sale price of $0.025 per MON, implying a fully diluted valuation (FDV) of $2.5 billion. The distribution announces concrete allocations: 38.5% for Ecosystem Development; 27% for the team with plans for gradual vesting; 19.7% for investors with a four-year lockup and a one-year cliff from launch; 7.5% for the public sale; 3.3% for the airdrop; and 4% for the treasury managed by Category Labs.
According to Monad, 50.6 billion MON (more than half the supply) will be locked at launch and will not be eligible for staking, with the stated goal of reducing initial volatility. At genesis, roughly 10.8 billion MON (10.8% of the total) will be liquid, coming primarily from the public sale and the airdrop.
The airdrop comprises approximately 3.3 billion MON and was available to claim between October 14 and November 3, 2025, with an eligibility snapshot taken on September 30, 2025 at 23:59 UTC. The mechanism targeted more than 230,000 active users across Ethereum, Solana, L2s, DeFi protocols and certain NFT holders.
Context and impact of the MON token
The public sale, which represents 7.5% of the supply, will be conducted on Coinbase’s Token Sales platform between November 17 and 22, 2025. Applications may be submitted in USDC, with allocations determined by an algorithm for bids between $100 and $100,000, and it is open to more than 80 countries, including the U.S.
Monad describes its mainnet as an EVM-compatible Layer-1 chain oriented to performance: 10,000 TPS, near-zero fees and 800 ms finality — capabilities that, if realized, aim to scale high-frequency use cases.
The combination of more than 50% of the supply locked and a limited airdrop reduces the initial liquid supply, which may support upside volatility or concentrated selling when vesting periods expire. The public sale managed by Coinbase eases regulated retail access but also introduces scrutiny and compliance expectations.
