Bybit will list Monad's MON token on its Convert and Spot platforms on November 24, 2025, after a $269 million ICO, drawing interest from institutional and DeFi communities.
The listing could redirect liquidity towards MON, impacting DeFi investments and market dynamics, amid concerns over insider-held token allocations potentially affecting post-listing price stability.
Bybit Adds Monad (MON) After $269M Fundraise
Bybit's listing of Monad (MON) on its Convert and Spot platforms represents a significant event, following the mainnet and token launch. The project successfully raised $269 million, attracting considerable interest from institutional investors and the DeFi developer community.
Founded by Keone Hon and James Arthur, Monad aims to deliver an EVM-compatible Layer 1 blockchain. The project's leadership is actively engaged with the community, and Bybit has confirmed the details regarding MON deposits and listing schedules in its official announcements.
Community Excitement Surrounds Monad's $269M Backing
The substantial $269 million raise firmly positions Monad as a project of significant interest in the blockchain landscape. High expectations are prevalent among potential DeFi users and developers, with a focus on anticipated yield incentives and ecosystem contributions.
"MON Deposits: Opens on Nov 23, 2025, 10:00AM UTC. MON Listing: Nov 24, 2025, 3:00PM UTC. MON Withdrawals: Opens on Nov 25, 2025, 10:00AM UTC."
Historically, listings of this magnitude often precede periods of short-term price surges, followed by subsequent volatility. The presence of large insider allocations can increase sell pressure, introducing potential market risks for the newly launched token and its ecosystem.
Insights on MON Launch Risks and Opportunities
Comparative events, such as the launches of Aptos and Sui, offer valuable insights into patterns of volatility and liquidity shifts. These precedents underscore the inherent risks associated with large private allocations that become available for trading post-listing.
Analysts advise close monitoring of initial liquidity inflows and the overall market response. Furthermore, potential regulatory concerns may emerge due to a high concentration of insider token holdings, echoing past market challenges observed in previous Layer 1 launches.