On 14 October 2025, Monad will open the MON claims portal on its official site. Monad (MON) is a high-performance, EVM-compatible Layer 1 targeting 10,000 TPS, 0.4-second block times, and near-zero fees through parallel execution and fast finality.
This guide explains Monad, outlines how the MON airdrop works, walks through the claim steps and key dates, and covers trading MON on BingX.
What Is Monad (MON) and How Does It Work?
Monad is built for apps that need speed without high costs. It keeps the familiar EVM setup, so developers can use the same tools and contracts they use on Ethereum. For trading and market apps, the network handles lots of rapid updates without slowing order flow or settlements. DeFi teams can run multi-step transactions and complex strategies while keeping fees low and execution steady, even when usage spikes.
Interactive apps are a fit too. Games can record moves and asset transfers on-chain without long waits. Social and real-time apps can post updates at a pace users expect. Because Monad stays bytecode-compatible with Ethereum, migrations are straightforward and wallets work out of the box.
Running a node does not require heavy hardware, which lets more people participate and helps decentralization as demand grows. Put together, speed, low cost, and EVM compatibility widen what builders can create while keeping the barrier to entry low.
Source: Monad
What Are Monad's Core Use Cases?
Monad targets workloads that need high speed and low fees without leaving the EVM stack. That includes high-frequency trading and complex DeFi flows with frequent state updates. Gaming and real-time apps can settle actions on-chain without delays, and bytecode compatibility lets Ethereum apps and tools migrate with minimal changes. Modest hardware needs enable more validators, supporting decentralization as usage grows.
Source: Monad
What Is the MON Token Utility and Tokenomics?
Fees: Expected native token for transaction fees and smart contract execution; await official confirmation.
Staking and security: Potential use for validator staking to secure the network; mechanics and yields not disclosed.
Governance: Possible token voting for protocol upgrades or treasury use; not yet confirmed.
Community incentives: May fund usage, liquidity, and builder programs; details pending.
MON Tokenomics and Allocation
Monad’s token model uses a fixed supply of 100,000,000,000 MON. Beyond that cap, the team has not published a public breakdown of distribution, vesting, emissions, or unlock timelines. An official tokenomics paper is expected, but no specifics are included in the materials provided.
Until the paper is live, treat any claims about splits, cliffs, or vesting as unconfirmed and rely only on official channels.
How the MON Airdrop Works and How You Can Claim Your Tokens
The MON Airdrop is Monad’s way of giving back to the people who helped the project grow. As the Public Mainnet approaches, the Monad Foundation is distributing part of the MON supply to early users and active crypto participants to make them the first real stakeholders in the network.
The claim portal went live on October 14 at claim.monad.xyz. This confirmed the start of the airdrop, although details about eligibility, individual allocations, vesting, and the mainnet launch date are still limited.
In total, Monad is rewarding about 5,500 community members and nearly 225,000 users from the wider crypto ecosystem. The recipients include builders, traders, and long-term supporters who played a role in the project’s early development and growth.
Follow these quick steps to see if you qualify and claim your tokens:
• Go to the official claim page: Visit https://claim.monad.xyz. This is the only real site. Ignore any other links.
• Connect your wallet or account: The page uses Privy for secure login. You can connect the EVM or Solana wallet you used for Monad activity or verify with Twitter, Discord, Telegram, Farcaster, or email.
• Check your eligibility: If you qualify, your MON allocation will appear automatically. Allocations come from five main tracks, and if you’re in more than one, you’ll receive the combined amount.
• Claim your tokens: Claims are open until November 3, 2025. There’s no benefit to claiming early, so take your time and make sure you’re on the official site before confirming any wallet message.
How to Trade MON Perpetual Futures on BingX
MON/USDT perpetual contract on BingX futures powered by AI Bingo
Futures, especially perpetual futures, let you trade MON price movements with leverage; you don’t necessarily need to hold the underlying MON. You can go long (betting price will rise) or short (betting price will fall). BingX offers a MON-USDT perpetual contract.
1. Switch to the futures/perpetual trading section in BingX: Navigate to Futures and locate MON-USDT perpetual contract.
2. Review contract specifications: Things to check include:
• Leverage limits, e.g. 5×, 10×, etc.
• Maintenance margin and initial margin rates
• Funding rate (periodic payments between longs and shorts)
• Mark price, index price, and settlement rules
3. Choose direction (Long or Short) and leverage: Based on your market view, open a long or short position. Leverage amplifies both gains and losses, so use with caution.
4. Set entry, exit & risk controls
• Use stop-loss orders
• Use take-profit orders
• Monitor your margin level
• Be mindful of liquidation risk (if losses push margin below maintenance).
5. Monitor funding and rollovers: As a perpetual contract, there will be a funding rate mechanism (to keep contract price close to the spot). Depending on whether you're long or short, you may either pay or receive funding periodically.
6. Close the position: When your target is hit (or your stop), close the position, and your P&L (profit/loss) will be settled in USDT.
Risks and Considerations
Eligibility is undefined. Testnet activity might not matter. Allocation splits, cliffs, and vesting are undisclosed, so you cannot gauge circulating supply or unlock cadence. October 14 refers only to the claims portal, not token distribution or mainnet, and timelines can shift.
Expect fake claim sites. Use verified links, check the domain and network, never share a seed phrase, and budget for gas. If MON lists on an exchange, confirm deposits are live, verify the ticker and contract, send a small test first, then use limit orders to handle thin books and volatility.