Monad Mainnet Launched, Coinbase Spot Price Matches ICO Price

On November 24th, as per official information, the Monad mainnet has officially gone live. According to the project's tokenomics, initially 50.6% of the total MON supply will be locked. This includes nearly 26.9 billion tokens allocated to the team, 19.6 billion tokens allocated to investors, and 3.9 billion tokens allocated to the Monad treasury. The unlocking process will commence in the second half of 2026 and will gradually increase on a quarterly basis according to a publicly available unlocking schedule until the end of 2029. At the launch of the Monad mainnet, several well-established crypto projects will be utilized, such as the MetaMask and Phantom wallets, Curve and Uniswap decentralized exchanges, as well as protocols like USDC, USDT0, and AUSD stablecoins. The network is EVM bytecode compatible, enabling developers to effortlessly redeploy Ethereum-compatible applications. As of the time of writing, the spot trading price on Coinbase is $0.0248, which is essentially the same as the public sale price.