Monad, the high-speed Layer 1 blockchain, has announced the launch of its long-awaited MON token, marking the first-ever public token sale on Coinbase’s new token listing platform.
The sale will begin on November 17 at 9 a.m. ET and run until November 22 at 9 p.m. ET, offering users across more than 80 countries, including the United States, the chance to participate, according to Monday’s announcement.
A total of 7.5% of the MON supply will be available for purchase on Coinbase at $0.025 per token, with a minimum bid of $100 and a maximum limit of $100,000 per participant.
Out of the 100 billion MON tokens in total supply:
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38.5% is allocated for ecosystem development,
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27% for the team,
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19.7% for investors, and
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4% for the Category Labs Treasury.
Coinbase Launches New Token Sales Platform
Coinbase also revealed a new “end-to-end token sales platform” that allows retail traders to access initial coin offerings directly. This development follows Coinbase’s $400 million acquisition of the Echo and Sonar crowdfunding platforms from well-known crypto influencer Jordan “Cobie” Fish.
In its official statement, the Monad Foundation confirmed that MON tokens will be sold through MF Services (BVI) Ltd., a subsidiary, just before the launch of the Monad Public Mainnet on November 24.
The announcement represents the first public disclosure of Monad’s mainnet launch date and full tokenomics breakdown.
Tokenomics and Vesting Details
According to the tokenomics plan released Monday, 3.3% of the supply is set aside for a MON airdrop, while 7.5% will be distributed via the Coinbase public sale. These portions, along with the ecosystem development allocation, will be unlocked at launch.
Meanwhile, tokens allocated to investors, team members, and the Category Labs Treasury will remain locked from day one of the Monad Public Mainnet and subject to strict unlock and vesting schedules to encourage long-term commitment.
At the time of launch, 50.6 billion MON tokens—representing 50.6% of total supply—will be locked and ineligible for staking.
The Monad Labs team, now operating under the Category Labs name, emphasized that the Monad Foundation will manage its token reserves “for years to come,” using them to issue strategic grants, offer ecosystem incentives, and oversee delegation programs via its Validator Delegation Program.
Building the Next-Generation EVM-Compatible Blockchain
Founded in 2022, Monad has raised $225 million to create a high-performance, EVM-compatible blockchain that aims to match Solana’s speed while preserving Ethereum’s decentralization.
With the MON token sale on Coinbase and the mainnet launch on the horizon, Monad positions itself as one of the most ambitious blockchain projects in 2025 — combining scalability, security, and decentralized governance to redefine how Layer 1 networks operate.