Monad Mainnet Officially Launched, Coinbase Spot Price Matches Public Sale Price

BlockBeats News, November 24th, according to official sources, the Monad mainnet has officially launched.

According to the project's tokenomics, 50.6% of the total MON supply will initially be locked up, including nearly 26.9 billion tokens allocated to the team, 19.6 billion tokens allocated to investors, and 3.9 billion tokens for the Monad treasury. The unlocking process will start in the second half of 2026 and, according to a public unlocking schedule, will gradually increase quarterly until the end of 2029.

Upon the launch of the Monad mainnet, several established crypto projects will be utilized, including the MetaMask and Phantom wallets, Curve and Uniswap decentralized exchanges, as well as protocols such as USDC, USDT0, and AUSD stablecoins. The network is EVM bytecode compatible, allowing developers to easily redeploy Ethereum-compatible applications.

At the time of writing, the spot trading price on Coinbase is $0.0248, essentially unchanged from the public sale price.