Coinbase has kicked off its first-ever token sale platform with the launch of Monad’s MON token. The new Coinbase Monad Launchpad stands out for one big reason: it names every market maker involved, from Galaxy Digital to Wintermute, and even lists their loan terms.
The move has some traders wondering if this could be crypto’s next “100x moment”, but the real story here isn’t about price. It’s about how Coinbase is reshaping token launches with transparency and structure.
Transparency and Market Maker Disclosure
Monad is putting 7.5 billion MON tokens up for sale, that’s 7.5% of its total 100 billion supply, at a fixed price of $0.025 per token. The public sale runs from November 17 to 22, 2025, with the mainnet launch scheduled for November 24.
What’s unusual here is the level of detail being shared. The issuer has made public its token loan deals with top trading firms, including Galaxy Digital and GSR, along with loan sizes and durations.
That kind of openness is rare in crypto sales, and it gives investors something tangible to evaluate instead of relying on hype or speculation.
Leveling the Playing Field
Coinbase’s new launchpad is more than just a place to buy tokens. It’s also an experiment in fairer distribution. Instead of the usual “first-come, first-served” scramble, Coinbase is using an allocation algorithm that gives smaller bids priority and helps prevent early dumping.
For the first time, U.S. retail investors are allowed to take part in this type of offering, a major expansion for Coinbase’s user base.
- Minimum bid: $100
- Maximum bid: $100,000 per person
Tokens sold through the platform are linked to Coinbase’s listing roadmap, meaning they could appear on the exchange later, though Coinbase makes it clear there are no guarantees.
Inside Monad’s Ecosystem
Monad isn’t just leaning on its Coinbase debut to draw attention. It’s building an EVM-compatible Layer-1 blockchain that promises high throughput and fast finality, aiming to rival existing players while staying Ethereum-compatible.
Tokenomics overview:
- Total supply: 100 billion MON
- Unlocked at launch: ~49.4% (ecosystem, public sale, and airdrops)
- Locked supply: ~50.6% (team, investors, and treasury, vesting through 2029)
- Locked tokens: Not eligible for staking until they unlock
The idea is simple: build a setup where long-term commitment matters. Whether that works out will depend on how the team executes once the network goes live.
For readers interested in how staking models are evolving across new networks, here’s a deeper look at the complete guide to liquid staking tokens (LSTs).
Why It Could Matter – or Not?
For investors, this sale offers a degree of clarity and accountability that’s still rare in crypto. Knowing who’s providing liquidity, how much, and under what terms helps reduce some of the uncertainty that often surrounds early-stage token projects.
But transparency doesn’t remove risk; prices can still swing sharply once trading begins.
For the broader market, Coinbase is making a statement. The company plans to host token sales regularly, starting with Monad, signaling that public offerings are making a comeback, only this time, under stricter rules and cleaner disclosures.
If Monad’s sale performs well, it could become the model for how new crypto projects raise capital in 2026 and beyond. If it struggles, other issuers might hesitate to follow the same route.
The Takeaway
If Monad’s sale performs well, it could become the model for how new crypto projects raise capital in 2026 and beyond. If it struggles, other issuers might hesitate to follow the same route.
Either way, the next “100x” in crypto probably won’t come from luck; it’ll come from structure, timing, and trust.
If you plan to join, read the full documentation, understand the vesting schedule, and only invest what you can afford to lose.
As always, in crypto, execution and timing decide everything.
Disclaimer:
This article is for informational purposes only and is not financial or investment advice. Cryptocurrency investments carry significant risk. Always perform your own research and consult qualified professionals before making financial decisions.
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