The highly anticipated will open its token claim portalPORTAL-- on , marking a pivotal moment for the high-performance EthereumETH-- Virtual Machine (EVM)-compatible Layer 1 blockchain. Designed to deliver , , and through parallel execution and fast finality, Monad aims to redefine scalability in the crypto space [2]. The airdrop, which will distribute , is expected to reward early participants, testnet contributors, and active community members, with the project emphasizing a "genuine ecosystem" over speculative activity [3].

While eligibility criteria remain unconfirmed, community speculation points to testnet participation, NFT holdings, and Discord engagement as potential qualifiers. For instance, users who interacted with the , minted testnet NFTs, or held roles like or in the Discord server are considered likely candidates [4]. Additionally, holders of ecosystem-related NFTs-such as , , or -may also qualify [5]. The project has explicitly warned against third-party eligibility checkers, urging users to rely solely on official announcements to avoid scams [6].
The airdrop has already generated significant market buzz, with trading on Hyperliquid at , implying a [7]. This pre-launch activity reflects growing institutional and retail interest, particularly after Hyperliquid listed MON perpetuals in early October. Analysts note that the airdrop's success could drive further adoption, especially for DeFi protocols and real-time applications, given Monad's focus on low-latency, high-throughput transactions [8]. However, risks persist, including unconfirmed tokenomics, potential regulatory scrutiny, and the likelihood of post-launch price volatility [9].
Key stakeholders, including Paradigm and Dragonfly Capital, have backed Monad with , underscoring confidence in its technical ambitions. The project's acquisition of -a stablecoin wallet infrastructure firm-further highlights its strategy to integrate payments into its blockchain, with Raj Parekh (formerly of Visa) now leading its stablecoin and payments initiatives [10]. Despite these strengths, critics question whether the project can sustain its valuation without delivering on its performance promises. Polymarket data shows a of the mainnet launching by October 31, with favored as more likely windows [11].
As the October 14 deadline approaches, participants are advised to prepare compatible wallets and monitor official channels for claim instructions. The airdrop's phased distribution model aims to prevent market saturation while ensuring long-term value stability for token holders [12]. Meanwhile, exchanges like and are speculated to be potential listing venues, though no official confirmations have been made. For now, the focus remains on the airdrop itself-a critical step in launching the MON token and cementing Monad's role in the competitive Layer 1 landscape [13].



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