monad airdrop sparks 76

What determines eligibility for the Monad airdrop and how must claimants proceed to secure their MON tokens. Eligibility was determined by wallet activity on Ethereum, supported Layer 2s, and Solana prior to a designated snapshot date, and it extended to users engaged with DeFi protocols such as Aave, Curve, Uniswap, PancakeSwap, and to holders of specified NFTs like CryptoPunks and Pudgy Penguins, reflecting a multi-category distribution model. Claimants were required to connect eligible EVM wallets (for example MetaMask) or Solana wallets (for example Phantom) to the official portal, and the process mandated on-chain signature verification to prove ownership before any allocation could be confirmed. The portal employed Privy for authentication, allowing optional linkage of social accounts such as Twitter, Discord, or Telegram, which provided additional validation paths while remaining non-mandatory for claim completion. Monad is an Ethereum-compatible layer 1 focused on scalability and decentralization, designed to support high throughput and low fees through execution and consensus optimizations high-throughput architecture. The mainnet supports rapid finality and consumer-grade node operation, emphasizing scalability and decentralization.

The claim flow was centralized at claim.monad.xyz, where automated eligibility detection was followed by manual review to finalize approvals or denials, and users could add multiple eligible wallets through the portal until the deadline. Monad implemented strict anti-abuse protections, combining AI-driven Sybil detection with manual scrutiny, limiting claims to one per wallet and disqualifying suspicious or duplicate addresses, measures intended to preserve distribution integrity. Claimants who completed the verification steps and passed both automated and manual checks received MON tokens directly to their claiming wallets, while any unclaimed allocations were forfeited after the November 3, 2025 deadline.

Participation levels indicated broad engagement, with over 230,000 users qualifying to claim MON, a mix of builders, contributors, DeFi power users, and NFT holders, aligning incentives across several community layers. Post-airdrop market activity showed pronounced volatility, with pre-market trading on Hyperliquid demonstrating roughly a 76% price decline on the token’s exchange debut, a movement that underscored speculative selling and uncertainty around final tokenomics. Observers noted the delayed public listing and phased distribution were intended to manage volatility and discourage immediate dumps, while analysts cautioned about ongoing price risk and regulatory scrutiny as key factors for ecosystem sustainability.

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