Monad Airdrop Portal has opened, starting with 7 billion dollars.

The Ethereum-compatible Layer-1 project Monad (MON) has finally opened its airdrop portal. Investors have been eagerly awaiting this process, during which they can check their eligibility until November 3rd. The Monad Foundation has launched the first phase of the MON airdrop process, which will be one of the most talked-about token launches of 2025.

In this process, over 230,000 users can connect their wallets to participate in the airdrop. The distribution will be carried out across five different categories: the Monad community, on-chain users, members of the crypto ecosystem, contributors, and developers. Approximately 5,500 core community members and 225,000 general users will be rewarded in this airdrop, where participants can belong to multiple categories, allowing their rights to combine for the possibility of earning a higher amount of MON.

Monad founder Keone Hon warned users against fake links, stating, “There’s no need to rush, double-check three times.” On the first day of the airdrop, Privy, which was used as an authentication tool for the process, experienced a brief access issue. This situation indicated that the participation and expectations were high.

Monad’s native token, MON, is not transferable yet, and currently only the eligibility phase is active. The distribution of tokens will coincide with the mainnet launch. Before hitting the market, MON is trading at approximately $0.07 with MON-USD futures on the Hyperliquid platform. This price translates to a market cap of around $7 billion.

Monad Labs secured $225 million in funding led by Paradigm in 2024. The project aims to provide developers with a high-speed (10,000 transactions/second) and low-latency blockchain infrastructure with its Ethereum Virtual Machine (EVM) compatible structure. Checking eligibility during the specified date range will be an important step for investors to increase their chances of winning.