Overview
- Monad’s public sale runs November 17–22 on Coinbase at a fixed $0.025 per MON for 7.5% of supply, with purchase requests submitted during a one‑week window in USDC.
- Participation is limited to verified users in good standing, including U.S. customers, as Coinbase targets roughly one offering per month on the new platform.
- Allocation is determined by an algorithm designed to broaden distribution by favoring smaller orders and rewarding longer‑term holders over short‑term sellers.
- Coinbase disclosed short‑term liquidity arrangements totaling 160 million MON in token loans to five market makers—CyantArb (50M), Auros (30M), Galaxy (30M), GSR (30M), Wintermute (20M)—with third‑party monitoring by Coinwatch.
- Monad’s mainnet is slated for November 24 alongside a 3.3% airdrop, with project teams and affiliates restricted from selling tokens for at least six months.