Monad Blockchain Goes Live With 100B MON Token Supply, Airdrop
The Monad layer-1 blockchain launched with a 100 billion MON token supply, accompanied by an airdrop and a public sale.Summary
The layer-1 Monad blockchain officially went live on Monday, launching alongside an airdrop of its native MON token. The team describes Monad as a high-performance, EVM-compatible network designed to scale Ethereum's virtual machine for use cases like DeFi, payments, and high-frequency finance. The total supply of MON is capped at 100 billion tokens, with 10.8% currently unlocked. This circulating portion includes 7.5% sold publicly on Coinbase's Token Platform and 3.3% distributed via the airdrop. The remaining supply is allocated to the team (27%), investors (19.7%), the Labs Treasury (4%), and ecosystem development (38.5%). Some community members expressed concern over the large allocation to the team. Co-founder Keone Hon stated that Monad aims to deliver speed, security, and usability without forcing developers to abandon familiar tools.
(Source：CoinDesk)