Monad (MON)
Unlock Schedule
Monad (MON) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Monad (MON) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence MON price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
The MON token is the native asset of the Monad blockchain. Its core utilities include:
- Gas: MON pays transaction fees for smart contract calls and transfers.
- Staking: Validators stake MON to help secure consensus; delegators can delegate stake and claim rewards via a staking precompile interface.
- Governance enablement: The Monad Foundation was established to support validator‑led governance and community proposals for the protocol. (docs.monad.xyz)
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)
Assumptions
- Investors and Category Labs Treasury unlock monthly for 36 months after a one-year cliff (1/36 per month).
Tokenomics page states both '1/48 monthly unlocks' and 'all locked tokens fully unlocked by the fourth anniversary (Q4 2029)'. To reconcile, we model 36 months post-cliff so all locked tokens finish by the fourth anniversary.
- Team release modeled as a 10.7B cliff at 12 months, with the remainder vesting linearly over the next 36 months.
Foundation notes team tokens are locked for the first year; at the 1-year anniversary released team tokens equal ~10.7% of initial supply and release continues over the three years following. Exact intra-month cadence per individual grants is unspecified.
- Public Sale modeled as fully distributed at TGE (7.5B).
Tokenomics indicates ~10.8B in public circulation at launch driven by the public sale and airdrop; combined with 3.33B airdrop claimed implies full 7.5B sale distribution.
- PoS issuance modeled at ~2B MON/year (constant) for 10 years.
Official tokenomics specify 25 MON per block, annualized to ~2B MON/year. We convert to a single linear schedule for a 10-year charting horizon; actual issuance is ongoing and subject to fee-burn offsets.
- Total supply treated as uncapped/inflationary.
Tokenomics specify ongoing issuance via block rewards and do not define a maximum cap. We set total_supply to null and express allocation percentages relative to the 100B initial supply.
- 1. https://www.monad.xyz/announcements/mon-tokenomics-overview
- 2. https://www.monad.xyz/announcements/the-mon-airdrop-results
- 3. https://www.monad.xyz/announcements/the-mon-airdrop
- 4. https://www.monad.xyz/announcements/get-started-on-monad-mainnet
- 5. https://docs.monad.xyz/developer-essentials/staking/