Post-Mainnet Distribution Unlocks Supply Across Tracks

NEW YORK | December 24, 2025 — The Monad Foundation released data showing 3.33 billion MON tokens claimed from an initial airdrop allocation, representing about 70.4% of eligible distribution. Claims covered wallets qualified through community engagement, onchain activity, and builder contributions ahead of the network’s public mainnet launch on November 24. Market data now reflects 10.83 billion tokens in circulation from a 100 billion total supply.

Escrow contracts held tokens until mainnet activation. Release occurred directly to claimant addresses that day. Unclaimed portions moved to ecosystem development reserves, according to the foundation’s announcement.

Five main tracks structured the distribution. Monad Community led with allocations to early participants. Onchain Users followed, based on testnet transactions and interactions. Crypto Community captured broader engagement via social and offchain verification. Monad Builders and Crypto Contributors rounded out categories.

Traders in Singapore noted steady volume on Bybit following staking integration there. Platform listed onchain MON staking December 11, with rewards accruing after transaction confirmation. Daily trading hit $138 million as of late December.

Data reviewed by this publication shows Crypto Community track allocated 897 million tokens to 46,017 accounts. Claims reached 635 million, or 70.8%. Monad Cards subtrack distributed fixed amounts per wave, with unclaimed cards yielding smaller portions.

Builders track went to 2,860 accounts with 288 million tokens total. Claim rate hit 78.4%, highest among categories. This included teams from Monad-native projects and developers in challenges like Monad Blitzes.

Bitcoin Suisse added MON trading effective December 21. Clients accessed spot alongside Hyperliquid’s HYPE, citing performance advances in Layer 1 space. Monad maintains EVM compatibility with innovations in parallel execution and database design.

Industry sources noted airdrop portal used Privy for authentication. Wallets connected via EVM, Solana, or linked Twitter, Discord, Telegram accounts. Eligibility blended onchain metrics like DEX volume with offchain signals.

Funds in London adjusted positions post-launch. MON price stabilized around $0.0197, down from all-time high near $0.107 in October. Circulating supply stands at 10.83 billion, market cap roughly $213 million.

Analysts in New York said initial unlocks absorbed 10.8 billion tokens alongside airdrop. Public sale earlier raised $269 million at $0.025 per token via Coinbase. Testnet processed billions of transactions from February through August.

Market participants said Bybit’s staking simplified access. APR remains dynamic, with compounding on redemptions. Monad Foundation acquired Portal for stablecoin infrastructure, adding payments capabilities.

Onchain data points to distributed liquidity. Volumes varied across venues, from $65 million to $138 million daily. Hyperliquid listed MON perpetuals pre-launch, drawing $19 million volume.

Europe-based desks tracked geographic spread in testnet. Early activity spanned 16 countries. Mainnet emphasizes 10,000 TPS, 0.8-second finality without Ethereum rewrites.

Traders in Asia monitored RPC upgrades for transaction speed. Encryption protocols enhanced security post-stabilization. Ecosystem integrations like USD1 and Swapr bolstered activity.

Monad’s path traced from $225 million raise led by Paradigm. Devnet activity ranked top five Layer 1 repos in mid-2025. Bridges to Ethereum via LayerZero emerged in testing.

Closing data reflects 76,000 wallets receiving claims. Network now processes live throughput. Distribution mechanics aligned validators, developers, users around protocol operations.

Disclaimer: Crypto assets are volatile and involve risk.
This content is published for informational purposes only.

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