Monad token public sale raises $269M on Coinbase; mainnet launches November 24

Monad Foundation / Category Labs/Monad Mainnet

Monad's MON token public sale raised $269M from 85,820 participants in a 1.43x oversubscribed offering hosted on Coinbase. The mainnet launched on November 24, 2025, with MON trading on Coinbase, Bybit and other exchanges. 50.6% of token supply was initially locked.