Overview
- Monad’s MON sale runs Nov. 17–22, offering 7.5% of supply at $0.025 with $100–$100,000 order limits, ahead of a Nov. 24 mainnet launch.
- Investors submit purchase requests during a one‑week window, with an allocation algorithm that favors smaller orders and rewards longer‑term holders.
- Purchases must be made in USDC and eligible users must complete identity and compliance checks, with no fees for buyers and issuer‑paid percentage fees.
- Issuers and affiliates are restricted from selling for six months after the sale, with any exceptions requiring disclosure and Coinbase approval.
- Coinbase plans roughly one sale per month and built the platform from recent Echo and Sonar acquisitions reported near $375–$400 million, with features like limit orders slated to follow.