Monad’s high-throughput blockchain has officially gone live after years of development, marking a major milestone for the project and its growing community. The launch follows the completion of its MON token sale, which drew substantial participation and helped set the stage for the network’s public debut.
The public offering, hosted through Coinbase’s new ICO platform, closed on Sunday with strong momentum. According to Monad, the sale raised about 269 million dollars from 85,820 participants worldwide. The sale accounted for 7.5 percent of the total MON supply, while more than 3.3 billion MON tokens, roughly 3.3 percent of the full 100 billion token cap, were reserved for community airdrops.
The MON token sale on Coinbase is complete
— Monad (mainnet arc) (@monad) November 23, 2025
$269M committed by 85,820 participants
Next up: Mainnet launch on Monday
A significant share of tokens will remain locked in the early phase. The project’s tokenomics show that 50.6 percent of the total MON supply will be held back at launch. That includes nearly 26.9 billion tokens assigned to the team, 19.6 billion for investors, and 3.9 billion for the Monad treasury. Token unlocks are set to begin in the second half of 2026 and will expand quarter by quarter until the end of 2029 under the public vesting plan.
Roughly 38.5 billion tokens will enter circulation immediately to support ecosystem development. The Monad Foundation said that less than two percent of the tokens reserved for this purpose have already been committed to projects and infrastructure providers, with most planned to be deployed gradually over the coming years.
The mainnet arrives with support from several major crypto platforms. MetaMask and Phantom wallets, Curve and Uniswap decentralized exchanges, and stablecoins such as USDC, USDT0, and AUSD are available at launch. Monad is compatible with EVM bytecode, which allows developers to migrate existing Ethereum applications with minimal friction.
Monad co-founder Keone Hon said the team focused on delivering speed, security, and usability without forcing builders to adopt unfamiliar tools. He added that the project aims to support a new wave of applications and help push blockchain technology closer to mainstream and institutional use.
Development on Monad began in 2022 with the goal of addressing the long-standing tradeoffs between security, scalability, and decentralization. The chain uses optimistic parallel execution, a dedicated RaptorCast validator communication system, and a custom database called MonadDb. These components enable the network to reach transaction finality in about 400 milliseconds. A testnet previously processed more than 10,000 transactions per second at peak load. Monad open-sourced its client in September under a GPL-3.0 license.
Monad FoundationThe venture behind Monad, now known as Category Labs, has raised at least 225 million dollars from investors that include Coinbase Ventures, Dragonfly Capital, Electric Capital, Greenoaks, and Paradigm.
