Monad (MON) Yes, Monad plans to launch a native crypto token called MON. The MON token launch is scheduled for November 24, 2025, coinciding with the mainnet launch. An airdrop portal for MON tokens opened on October 14, 2025, allowing eligible users to claim tokens before the official distribution. The total token supply is 100 billion MON.
Yes, Monad is conducting a MON token airdrop. The airdrop claim portal opened on October 14, 2025, and users had until November 3, 2025, to connect wallets and verify eligibility. The MON airdrop will be distributed alongside the Monad mainnet launch scheduled for November 24, 2025. The airdrop targets thousands of early Monad community members and approximately 225,000 verified crypto users.
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Monad (MON) is a high-performance, EVM‑compatible Layer‑1 network built to run Ethereum smart contracts at much higher speed and much lower cost. The Monad blockchain aims for 10,000 transactions per second, 0.4‑second block times, and roughly 800 ms finality while keeping full Ethereum compatibility. In plain terms, it tries to feel instant for users, yet familiar for developers who already build with Solidity and the EVM. Fees are designed to be near‑zero, and hardware requirements are kept modest so more people can run nodes. These technical choices support everyday use cases across Monad DeFi, NFTs, gaming, social, and real‑world assets. (monad.xyz)
The network’s native asset, the MON token, is used for paying gas and securing the chain through staking. Because Monad is EVM‑compatible at the bytecode level, developers can deploy existing Ethereum contracts on Monad with little to no changes, and users can connect with popular EVM wallets. For readers comparing ecosystems or tracking the MON price on exchanges, note that price data changes constantly and appears in a separate live panel on TokenRadar. (docs.monad.xyz)
Monad Labs was founded in 2022 by three builders with deep low‑latency systems experience: Keone Hon (CEO), James Hunsaker (CTO), and Eunice Giarta (COO). Before Monad, Hon and Hunsaker spent eight years at Jump Trading building ultra‑low‑latency trading systems; Giarta led product teams across fintech and enterprise trading systems after earning a CS degree from MIT. Together they set out to redesign an EVM‑compatible Layer‑1 for high throughput and a smooth developer experience. (monad.xyz)
Funding has come in stages. In February 2023, Monad Labs closed a $19 million seed round led by Dragonfly Capital with participation from Placeholder, Lemniscap, Shima, Finality, and angels such as Cobie and Hasu. In April 2024, Monad Labs raised a $225 million Series A led by Paradigm with participation from Electric Capital and Greenoaks. These rounds signaled strong backing for Monad’s performance‑first roadmap. (prnewswire.com)
On December 16, 2024, the team announced the Monad Foundation, an independent organization focused on validator‑led governance, community proposals, documentation, and ecosystem growth. The original engineering group now operates as Category Labs (led by Hunsaker) and continues development of the open‑source clients. Monad opened a public testnet on February 19, 2025 and has since run builder programs like hackathons, a pitch competition, and an accelerator to expand the ecosystem. (monad.xyz)
Monad’s design starts with the EVM you know, then rethinks the engine around it to unlock speed.
From a developer’s view, blocks and transactions are still linear and deterministic. The chain preserves Ethereum semantics, supports common transaction types (legacy, EIP‑2930, EIP‑1559, EIP‑7702), and exposes familiar RPC methods. Monad documentation also notes a larger maximum contract size (128 kb on testnet) and emphasizes just‑in‑time compilation and parallelism under the hood. (docs.monad.xyz)
Gas works like Ethereum’s EIP‑1559 with one notable difference: because execution is asynchronous, Monad charges gas based on the transaction’s gas limit rather than gas used. The base fee is EIP‑1559‑style and burns fees as on Ethereum, while the network uses a local mempool per validator rather than a single global mempool to help performance. Monad’s docs also describe a Reserve Balance mechanism that lets consensus safely include only transactions that can pay for gas even with the small execution delay. (docs.monad.xyz)
For wallets and tooling, Monad uses the same 20‑byte address space (ECDSA) as Ethereum. The testnet runs with chain ID 10143 and symbol MON, and is reachable through public RPC endpoints and explorers for builders. Users can connect with familiar EVM wallets like MetaMask or Phantom and use standard tools. (docs.monad.xyz)
The MON token is the native asset of the Monad blockchain. Its core utilities include:
Initial supply: According to a September 11, 2025 report citing Monad co‑founder Keone Hon, the initial total supply of the network’s native gas token will be 100 billion. The Foundation has not published a detailed allocation breakdown on its site as of this writing; distribution specifics are expected around mainnet/TGE. (panewslab.com)
Design notes that shape Monad tokenomics: because gas is charged on gas limit (a DoS‑resistance choice tied to deferred execution), dapp developers are encouraged to set precise gas limits for predictable costs. The protocol’s EIP‑1559‑compatible base fee controller is tuned to change more smoothly, with fees burned similar to Ethereum. These mechanics, combined with high throughput, aim to keep fees low for users across DeFi, NFTs, and gaming. (docs.monad.xyz)
Monad focuses on real apps that feel fast and inexpensive. The ecosystem directory currently lists projects “live on testnet” across DeFi, NFTs, gaming, payments, identity, RWAs, and infrastructure. A few examples show how builders are thinking about Monad’s speed and costs:
The Foundation is also running programs to accelerate adoption: evm/accathon (focused hackathons), Monad Madness (a global pitch competition with prizes and potential VC follow‑on), the Mach Accelerator, and the 2025 “Monad Momentum” incentives matching for teams moving from testnet to mainnet. Together these initiatives aim to turn early prototypes into sticky, high‑usage apps. (monad.xyz)
Monad’s advantages:
Challenges to watch:
If you’re wondering where to buy MON, availability depends on exchange listings around token generation/mainnet. Generally, users obtain MON through:
Wallets:
Tip for builders and power users: because Monad charges gas based on the gas limit, setting precise gas limits in your dapp flows helps keep costs predictable and avoids overestimation by certain wallets’ gas estimators. (docs.monad.xyz)
Monad regulatory status: The Monad blockchain is open‑source infrastructure, stewarded by the Monad Foundation, which is responsible for ecosystem growth and validator‑led governance. The Foundation’s creation in December 2024 signaled a move toward decentralization of governance and clear separation between protocol stewardship (Foundation) and client R&D (Category Labs). As with many base‑layer networks, the regulatory treatment of a native token can vary by region and may evolve as guidance develops. (monad.xyz)
Monad halal and MON shariah compliant: There is no official shariah screening or certification published by the Monad Foundation or in the network’s documentation at this time. As such, Monad cannot be described as MON shariah compliant based on publicly available information. (monad.xyz)
Monad’s near‑term milestones center on translating its testnet momentum into durable mainnet adoption. The public testnet launched on February 19, 2025, and the Foundation has been actively recruiting builders through hackathons, accelerators, and the “Monad Momentum” incentives program to help teams ship production‑ready apps. The ecosystem directory already spans DeFi, NFTs, gaming, identity, RWA, and infrastructure, with many projects preparing mainnet deployments. As these teams go live, the focus will move from raw performance benchmarks to user retention, revenue, and organic activity—exactly the behaviors Monad Momentum is designed to support. (panewslab.com)
Longer term, key areas to watch include:
As the MON token comes online with 100 billion initial supply (per a co‑founder’s public statement) and the network matures, many users will track MON price for market sentiment while developers focus on building apps that fully leverage Monad’s latency and throughput. If the team continues executing on its technical roadmap and ecosystem programs, Monad could become a go‑to home for performance‑sensitive EVM apps. (panewslab.com)
Monad is an EVM‑compatible Layer‑1 with an ambitious goal: make Ethereum‑style smart contracts feel instant and inexpensive without breaking compatibility. The project pairs optimistic parallel execution with a custom state database and a pipelined BFT consensus to target 10,000 tps, 0.4‑second blocks, and ~800 ms finality. The MON token powers gas, staking, and governance enablement through the Monad Foundation, with an initial supply reported at 100 billion. With a fast‑growing testnet, a public builder pipeline (evm/accathon, Monad Madness, Mach Accelerator), and an incentives program designed to reward real usage, Monad is positioning itself as a performance‑first home for DeFi, NFTs, gaming, and more—while keeping the familiar EVM experience. For readers exploring Monad tokenomics, wallets, and where to buy MON, the live sections on TokenRadar surface dynamic details, and this page provides the technical and ecosystem context to understand how the Monad blockchain works and where it fits in the broader crypto stack. (monad.xyz)
