Share this article
Monad Foundation Sets Nov. 24 Airdrop Date for Users
This comes after the Foundation opened its airdrop claim portal on October 14, inviting users to verify their eligibility.
Updated Nov 6, 2025, 2:06 a.m. Published Nov 5, 2025, 6:27 p.m.
Make us preferred on Google
What to know:
- The Monad Foundation officially confirmed on X that its token airdrop is scheduled for November 24, offering ecosystem users a firm date for what has been one of the most-watched airdrop events of the year.
- This comes after the Foundation opened its airdrop claim portal on October 14, inviting users to verify their eligibility.
The Monad Foundation officially confirmed on X that its token airdrop is scheduled for November 24, offering ecosystem users a firm date for what has been one of the most-watched airdrop events of the year.
STORY CONTINUES BELOW
This sets the stage for the distribution of MON tokens to early and active contributors ahead of the network’s eventual mainnet.
Earlier this year, the Foundation opened its airdrop claim portal on October 14, inviting users to link wallets, verify eligibility, and connect social accounts ahead of the distribution.
The portal allowed eligible users across five tracks, including core Monad community members to on-chain DeFi users and broader crypto participants, to register their claim status.
According to the foundation’s blog at the time, the allocation is designed to reward approximately 5,500 key community contributors and around 225,000 broader crypto users, via a stacked allocation model if a user qualifies under multiple tracks.
The share of tokens becoming available to these communities is still not known, but Monad co-founder Keone Hon did post on X earlier this year that there would be 100 billion MON tokens.
Read more: Monad Opens Airdrop Portal Ahead of Token Launch
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante
The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.
What to know:
- Solana’s latest phase looks a lot less flashy than its memecoin-fueled highs, and that may be the goal.
- Armani Ferrante, CEO of crypto exchange Backpack, told CoinDesk in an interview the Solana ecosystem has spent the past year doubling down on a more sober focus: financial infrastructure. A
- fter years of experimentation as the wider crypto industry focused on NFTs, games and social tokens, attention is now shifting back toward decentralized finance, trading and payments.
Top Stories
