Monad ICO Update: Did Coinbase’s 5 Wallet Leaks Just Supercharge the $MON Airdrop?

Rumors swirl as Monad's ICO heats up—did a Coinbase wallet slip trigger an airdrop frenzy?

Five wallets. One leak. Endless speculation.

Monad's $MON token launch just got messier—and potentially more lucrative—after whispers of Coinbase wallet addresses hit crypto forums. Traders are scrambling to connect dots between the leak and unconfirmed airdrop eligibility, fueling parabolic price chatter.

Meanwhile, institutional players quietly accumulate positions—because nothing pumps a market like retail chasing free tokens while VCs cash checks. The crypto cycle continues, just with fancier algorithms this time.

Let’s uncover the Monad ICO transperancy and filing details, and how it will impact the upcoming airdrop and mainnet launch.

Coinbase Monad ICO Update: 5 Market Maker Wallets & Short Term Deals 

According to the official news, the seller, MF Services (BVI) Ltd. (a BVI subsidiary of the Monad Foundation), is ensuring price stability by contracting major market makers (MMs). 

This MOVE makes the Monad ICO date starting from November 17, one of the most transparent launches ever.

• The Big Five: MF Services (BVI) Ltd. has signed token loan agreements with five powerful firms: CyantArb (50M coins), Auros (30M), Galaxy (30M), GSR (30M), and Wintermute (20M).

• Short-Term Deals: The loans for CyantArb, Auros, Galaxy, and GSR are only 1 month in duration, subject to renewal monthly. Wintermute has a longer 1-year deal.

• Security Check: To ensure fair play, a third-party specialist, Coinwatch, will monitor these MM wallets for token usage and idle balances.

• DEX Stability: The issuer will also deploy up to 0.2% of the initial supply to seed liquidity to ensure smooth early trading for the $0.025 monad crypto presale price.

Countdown On: The Monad ICO Full Timeline Here

The highly anticipated $MON public sale is about to begin! This is your opportunity to participate on a regulated coinbase token sale platform before the listing.

• Sale Open: Monday, November 17, 2025, 9:00 am (EST)

• Close Date: Saturday, November 22, 2025, 9:00 pm (EST)

• Sale Price: A fixed $0.025 per coin (based on a $2.5B FDV).

• Supply: Up to 7.5B coins available (7.5% of the initial total supply).

• Bidding Range: Minimum bid is $100, maximum is $100,000. 

• Mainnet  Launch: November 24, 9: 00 am ET

Coinbase Secret: The "Filling Up" Trick for Airdrop Allocation

If the initial coin offering is oversubscribed, the new Coinbase token sales platform uses a unique method to prioritize small retail investors over large buyers: "filling up from the bottom."

This means the system grants the requested amount to the user with the smallest unfilled request first. 

It repeats this process, progressively fulfilling requests from the smallest to the largest, ensuring the widest distribution possible and limiting asset concentration among large purchasers. Being a crypto analyst, I have seen many token launches and public sales, but this smart allocation strategy is a massive win for the retail community hoping to get an Monad airdrop allocation in the initial coin offering.

$MON Airdrop and Tokenomics: What’s in Circulation Now?

The $MON airdrop is trending because those tokens, along with the public sale tokens, are 100% unlocked at the Public Mainnet launch on November 24th!

Only about 10.8 billion tokens (10.8%) will be in public circulation at launch, meaning over 89% of the supply (Team, Investors, Treasury) is locked until as far out as Q4 2029. This shows a serious commitment to the long-term success of the Coinbase Monad ICO filing.

The transparency and fair distribution model of the public sale are setting a new industry standard. Keep a close eye on the sale window as the $MON airdrop recipients get ready for the mainnet launch on November 24th.

Disclaimer: This article is for informational purposes only, and does not provide any financial advice. DYOR before investing in any cryptocurrency.