Monad’s Airdrop Claim Portal Set for October 14 Launch: Find Out if You’re Eligible

Key Points

• Monad, a high-performance blockchain compatible with Ethereum Virtual Machine, will open its airdrop claim portal on October 14.
• MON-USD perpetuals have started trading on Hyperliquid, with a 24-hour trading volume of over 28 million dollars.

Monad, a Layer 1 blockchain that is compatible with the Ethereum Virtual Machine, has officially announced that its airdrop claim portal will be opened on October 14. This marks one of the most eagerly awaited token events of the year.

MON-USD perpetuals began trading on Hyperliquid, providing traders with early exposure to the token. The new market has already seen a trading volume of over 28 million dollars in just 24 hours, with MON priced around 0.11 dollars. The estimated fully diluted valuation (FDV) stands at 13 billion dollars, as per on-chain data.

Details of Airdrop Claim

Though the date for the airdrop claim has been confirmed, Monad has not revealed the eligibility criteria for participants. Based on community discussions and previous testnet documentation, potential qualifiers might include users who have been active within the Monad ecosystem prior to the announcement.

Speculated categories for eligibility include: Testnet users who completed activities such as claiming test MON tokens, minting NFTs like Monadverse or Lil Chogstars, and using DeFi apps like PancakeSwap or Ambient Finance. Community members with roles on the official Discord server, such as Full Access (FA), or participants in programs like the Monad Recognizer initiative. NFT and token holders with Monad-linked collections, such as 1M Nads or Cipher POG, as well as holders of partner ecosystem NFTs like Pudgy Penguins or Mad Lads. Stakers and contributors in related ecosystems such as Wormhole or Pyth, or high-engagement community members on X (formerly Twitter).

Monad has not confirmed any of these factors. The team has advised users to rely only on official sources and has stated that no eligibility checker will be provided.

Market Anticipation

The announcement of the airdrop and the listing of MON-USD on Hyperliquid has sparked significant interest in the project. The MON-USD pair quickly became one of the most traded new perpetuals, as traders speculate on the upcoming token release.