Monad Sets Nov. 24 Mainnet and MON Token Launch as Kraken Confirms Day-One Listing

An airdrop to early users is slated to coincide with launch after anti-sybil screening identified roughly 225,000 eligible wallets and the claim window closed on Nov. 3. Unofficial pre‑market trading on Hyperliquid shows MON around $0.06 with more than $14 million in 24‑hour volume, reflecting speculative interest ahead of listings. The project targets about 10,000 transactions per second, near‑zero gas fees, and roughly 800 millisecond finality while maintaining Ethereum tooling compatibility. Monad reports a 100 billion total token supply, though full tokenomics and final distribution details have not yet been published. The network has raised over $240 million, including a $225 million round led by Paradigm, following a 2025 public testnet that helped determine airdrop eligibility.