Coinbase Wallet Leak Sparks Frenzy: Could Monad ($MON) Be the Next Big Airdrop?
Coinbase Monad ICO Goes Fully Transparent as $MON Airdrop Nears Launch
In a groundbreaking move that has captured the attention of the global crypto community, Coinbase has unveiled complete transparency around the upcoming Monad ICO, marking the first-ever fully disclosed token sale on its platform. The event is already being hailed as a landmark moment for investor protection and market integrity, as Coinbase releases all details about its market makers, loan agreements, and liquidity mechanisms ahead of the highly anticipated $MON airdrop and mainnet launch.
The disclosure represents a bold shift toward open accountability in the digital asset space — a rare step that few crypto projects have ever taken prior to a major sale. With a fully public record of wallet activities, loan durations, and supply allocations, Coinbase is positioning itself to redefine how token sales are conducted across the industry.
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| Source: Wu Blockchain latest X Post |
A First-of-Its-Kind ICO Transparency Model
According to official filings, MF Services (BVI) Ltd., a subsidiary of the Monad Foundation, has entered into a total of five separate market-making agreements with top-tier crypto trading firms. These include CyantArb, Auros, Galaxy, GSR, and Wintermute — all established names in institutional crypto liquidity.
The deal structures are clear:
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CyantArb – 50 million MON
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Auros – 30 million MON
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Galaxy – 30 million MON
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GSR – 30 million MON
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Wintermute – 20 million MON
Four of the five firms will operate on monthly renewable contracts, ensuring short-term agility and regulatory compliance. Wintermute, on the other hand, has signed a longer one-year commitment, signaling long-term trust and partnership in maintaining market stability.
To ensure all transactions remain transparent, Coinbase has confirmed that Coinwatch, an independent blockchain monitoring firm, will audit and track the activities of these wallets. This step will ensure that borrowed tokens are not misused for speculation or manipulation, a critical assurance for retail investors entering the ICO.
Setting a New Industry Standard
The Monad ICO is being celebrated as the most transparent public sale in crypto history — a sharp contrast to the opaque fundraising rounds that defined the early era of digital tokens.
“This level of disclosure is unheard of,” said David Klein, a blockchain analyst at Arkbridge Research. “For the first time, investors can see exactly who is managing liquidity, how long their contracts last, and where the funds are being deployed. This could become the gold standard for all future ICOs.”
The approach comes at a time when global regulators, particularly in the United States and Europe, are demanding clearer oversight on how tokens are sold and distributed. Coinbase’s strategy appears to directly address these concerns — setting the groundwork for future institutional participation in the space.
Countdown to the $MON Public Sale
The Monad ICO is officially scheduled to open on Monday, November 17, 2025, at 9:00 a.m. EST, and will close on Saturday, November 22, 2025, at 9:00 p.m. EST.
At a fixed sale price of $0.025 per MON token, the sale implies a fully diluted valuation (FDV) of $2.5 billion, putting Monad among the most anticipated crypto launches of the year.
Token Sale Highlights:
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Public Sale Supply: Up to 7.5 billion MON (7.5% of total supply)
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Price Per Token: $0.025 USD
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Minimum Purchase: $100
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Maximum Purchase: $100,000
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Mainnet Launch Date: November 24, 2025, at 9:00 a.m. EST
The sale will take place exclusively on Coinbase’s token sale platform, ensuring full KYC/AML compliance and investor security.
How Coinbase’s “Filling Up from the Bottom” System Protects Retail Buyers
One of the most remarkable features of the Coinbase sales process is its fair allocation mechanism, designed specifically to prevent whales and institutional investors from dominating public token distributions.
If the ICO becomes oversubscribed — which analysts widely expect — Coinbase’s system automatically prioritizes smaller retail buyers through a “filling up from the bottom” algorithm.
This process allocates tokens to the smallest unfilled purchase requests first, gradually working upward until the total supply is distributed. The result: a wider and more equitable spread of ownership among everyday investors, rather than concentration in a few large hands.
“This is a landmark moment for fair distribution,” said Rachel Lin, a senior blockchain economist at DataInsight. “It’s the first time a major platform has designed an allocation system that actively works against whale domination. If successful, it could reshape the way token launches are conducted worldwide.”
The $MON Airdrop: What to Expect
Excitement surrounding the $MON airdrop has reached fever pitch, as Coinbase confirmed that both airdrop and ICO tokens will be 100% unlocked at the moment of the Mainnet Launch on November 24, 2025.
According to the official tokenomics breakdown, only 10.8 billion MON tokens — representing 10.8% of total supply — will enter circulation at launch. The remaining 89.2% of tokens, including those reserved for the team, early investors, and treasury, will remain locked until Q4 2029.
This vesting schedule demonstrates a long-term commitment to project sustainability and market stability. By limiting the initial float, Monad aims to reduce early sell pressure while encouraging active network participation through staking and governance.
Transparency and Liquidity Backed by Data
Beyond the token distribution model, the Monad Foundation is taking additional steps to ensure that the $MON market opens smoothly. Up to 0.2% of the total token supply will be allocated to decentralized exchange (DEX) liquidity pools, ensuring that early trading volumes remain stable even in the face of heightened volatility.
This combination of market-maker partnerships, third-party audits, and automated liquidity management represents a comprehensive ecosystem approach — one that other projects may soon emulate.
Furthermore, the ICO’s short-term loan design ensures that market makers must renew their agreements monthly, providing real-time accountability. This creates a feedback loop where performance and market integrity are continuously evaluated.
Why This Matters for the Broader Crypto Market
The Coinbase Monad ICO transparency model is emerging at a critical time for the crypto industry. With regulatory scrutiny intensifying and investor trust under strain following several high-profile collapses, this initiative could serve as a turning point.
It demonstrates that compliance and decentralization can coexist, offering both oversight and open participation.
Moreover, by ensuring public access to market-maker wallet data, the project introduces a new level of on-chain verifiability — allowing anyone to monitor token flows in real time. This innovation could set the stage for “proof-of-distribution”, a concept many experts believe could become mandatory in future crypto funding frameworks.
What Comes Next
The crypto world is watching closely as the countdown continues toward November 17. If the sale performs as expected, Monad’s $MON could become one of the most traded new tokens on Coinbase in Q4 2025.
The key question now is whether transparency alone can drive sustained growth once the tokens hit the open market.
Market observers agree that while short-term volatility is inevitable, the combination of a fair distribution model, reputable market makers, and full public disclosure gives Monad a competitive edge — one that could inspire broader adoption across decentralized AI and blockchain infrastructure networks.
As the industry moves toward a new standard of transparency, the Coinbase Monad ICO stands as both a test case and a trailblazer. For now, all eyes are on November 24, when the mainnet officially goes live — and the future of $MON trading begins.
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