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Monad prepares mainnet and MON token launch
Monad has confirmed a firm launch date for its high-performance Layer-1 blockchain: the mainnet will go live on November 24 at 9 a.m. ET, and the project’s native MON token will be issued the same day during the token generation event (TGE). Kraken has already announced plans to list MON on day one, signaling immediate centralized exchange liquidity for the token.
Launch logistics and airdrop timing
The mainnet rollout follows the November 3 claim deadline that finalized user profiles for the airdrop. Eligible participants who completed the claim process will receive their MON allocations directly on launch day. This distribution closes a months-long phase of testnet participation and community qualification ahead of the production network going live.
Technical features and ecosystem readiness
Monad is positioning itself as a throughput-focused Layer-1 that leverages parallel transaction execution and superscalar pipelining. The protocol claims support for up to 10,000 transactions per second (TPS) with roughly one-second finality — performance metrics that target DeFi, NFT, and smart contract use cases while remaining compatible with developers familiar with EVM tooling.
Integration and early projects
On launch day, major wallets Phantom and Backpack will offer day-one integration to improve user onboarding, while Uniswap and Wormhole will facilitate immediate trading and cross-chain interoperability. Early ecosystem projects such as Molandaks and Alloca are preparing to deploy on mainnet at launch, signaling initial dApps and NFT activity the community can expect post-launch.
Funding, backers and market sentiment
To date, Monad has raised about $244 million, including a $225 million Series A led by Paradigm with participation from Electric Capital, Coinbase Ventures, Castle Island Ventures, GSR Ventures and Greenoaks. That funding underpins aggressive engineering and rollout plans, and it highlights strong institutional interest in Layer-1 scaling approaches.
Community reaction and trading risk
Despite substantial venture backing, social sentiment on X (formerly Twitter) has been mixed ahead of the TGE. Some users have flagged weak premarket price action and suggested short strategies on MON at launch, citing concerns about valuation, token distribution dynamics, and potential selling pressure. Traders should weigh the technical strengths and ecosystem prospects against typical token-generation-event volatility.
What to watch
Key items to monitor on and immediately after launch include real-world TPS and finality benchmarks, initial liquidity and orderbook depth on Kraken, user experience across day-one wallets, and how early dApps perform under mainnet load. Interoperability support from Wormhole and liquidity routes via Uniswap will also shape short-term price and adoption dynamics.
Overall, Monad’s November 24 launch represents a major milestone for the protocol and the broader Layer-1 landscape. Investors, developers, and DeFi users should prepare for a high-volatility debut balanced by strong technical claims and heavy institutional backing.
Source: crypto
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