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Monad Schedules $521 Million MON Token Unlock for Nov. 24

The release equals 131.6% of MON’s current market capitalization. Stable and KITE also have large unlocks scheduled for the fourth quarter.

Metal release latches line a sealed token allocation vault / TokenPost.ai
Metal release latches line a sealed token allocation vault / TokenPost.ai

Monad (MON) has the largest listed token unlock for the fourth quarter, with about $521 million scheduled for release on Nov. 24, equal to 131.6% of its current market capitalization.

Stable (STABLE) is scheduled to unlock $353 million on Dec. 8, or 69.4% of its current market capitalization. KITE has a $119 million unlock set for Nov. 3, equal to 33.4% of its market capitalization.

The other listed releases are about $52 million for LIT, $46 million for PIEVERSE and $43 million for ALLO.

The unlocks are primarily allocated to project teams, investors and early contributors. Their release adds tokens allocated to those groups to the available supply.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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