MON Token — Utility, Tokenomics & Exchanges
Everything about the MON token — utility (gas, staking, governance), tokenomics, supply schedule, where to buy, and the deflationary burn mechanism.
Overview
MON is the native token of the Monad blockchain — analogous to ETH on Ethereum. It is used to pay gas fees, stake for network security, and participate in governance. Monad mainnet launched on November 24, 2025, with MON trading on major exchanges from day one.
Token Utility
- Gas fees — MON is required to pay for all transactions and smart contract execution on Monad. Fees are extremely low due to the network's high throughput.
- Staking — MON can be delegated to validators to secure the network via MonadBFT consensus. Stakers earn block rewards proportional to their delegation.
- Governance — Stakers and validators shape the network's direction. Delegating to a validator signals alignment with that validator's governance approach.
Deflationary Mechanism
Monad uses a dual issuance and burn model. New MON is minted as block rewards (25 MON per block), while the base transaction fee is permanently burned — creating deflationary pressure as network usage grows.
Tokenomics
Total initial supply: 100 billion MON.
| Category | Allocation | Percentage |
|---|---|---|
| Ecosystem Development | 38.5B MON | 38.5% |
| Team | 27B MON | 27% |
| Investors | 19.7B MON | 19.7% |
| Public Sale (Coinbase) | 7.5B MON | 7.5% |
| Category Labs Treasury | 3.95B MON | 3.95% |
| Airdrop | 3.3B MON | 3.3% |
Supply Schedule
- Day 1 unlock: 49.4B MON (49.4%) — circulating from mainnet launch
- Locked tokens: 50.6B MON — cannot be staked until unlocked
- Team tokens: 1-year lockup, then 3-4 year vesting
- Investor tokens: 4-year lockup with 1-year cliff, then monthly unlocks (1/48)
- Full unlock: Expected by Q4 2029
- Annual inflation: ~2B MON/year (~2%) from block rewards
Where to Buy
MON is listed on all major centralized exchanges:
- Tier 1: Binance, Coinbase, OKX, Bybit, Kraken
- Tier 2: MEXC, KuCoin, Gate.io, LBank, HTX
- On-chain: Uniswap, Ambient, Bean Exchange on Monad itself
Most active trading pair is MON/USDT. You can also withdraw MON directly from exchanges to your Monad wallet.
Check Your MON Balance
Paste any wallet address into Monad AI Explorer to instantly see MON balance, all token holdings, NFTs, and transaction history. The AI assistant can also analyze your portfolio and flag security risks.
Token Launch & Airdrop
- Public sale: Conducted on Coinbase (their first-ever token sale), November 17-22, 2025 at $0.025/MON — raised $269M from 85,820 participants in 70+ countries
- Airdrop: 3.3B MON (3.3% of supply) distributed to 76,021 wallets across five eligibility groups (community, on-chain users, builders, crypto contributors)
- Claim period: October 14 – November 3, 2025 via the MON Claim Portal
- Mainnet TGE: November 24, 2025 at 14:00 UTC