Monad Mainnet Launches with 50.6% of MON Supply Locked Until 2026
Monad launched its mainnet on Nov. 24 with 50.6% of MON's total supply initially locked, including approximately 26.9 billion tokens for the team, 19.6 billion for investors, and 3.9 billion for the Monad treasury, the project announced. Token unlocks will begin in the second half of 2026 and increase quarterly through the end of 2029. At launch, the network supports MetaMask and Phantom wallets, Curve and Uniswap decentralized exchanges, and stablecoins including USDC, USDT, and AUSD, with EVM bytecode compatibility enabling developers to redeploy Ethereum-compatible applications. MON traded at $0.0248 on Coinbase at press time, essentially matching its public sale price.