Dear CoinEx Users,
Pre-token Trading is an innovative service that enables pre-minting (creating), trading, and delivering PreTokens by staking assets. CoinEx Pre-Token Trading will launch PRE_MON (PRE_MON) on Sep 25, 2025. Details are as follows:
New PreToken
1. Name: PRE_MON
2. Time: 09:00, Sep 25, 2025 (UTC)
3. Services: Pre-minting, Spot Trading
Access
1. Web: Navigation Bar - Spot - Pre-Token Trading
2. App: CoinEx App Homepage - More - Pre-Token Trading
About PRE_MON
Monad is designed to maintain strong decentralization while significantly improving Ethereum Virtual Machine performance through innovations like MonadBFT consensus, RaptorCast block transmission, asynchronous and parallel execution, and efficient state access with MonadDb. It aims to solve Ethereum’s performance bottlenecks without compromising decentralization, enabling trustless, censorship-resistant coordination among multiple parties. The Monad Foundation supports ecosystem growth, validator governance, and developer resources to promote adoption and continuous improvement.
PRE_MON is a PreToken under Pre-Token Trading for predicting the spot price of MON, which will fluctuate based on market expectations of MON's price movements following its listing on the Spot market. By pre-minting and trading PRE_MON, users can predict the price movements of MON following its listing on the spot market. The trading price of PRE_MON does not directly affect the price of MON, both are a reflection of market expectations.
About MON
1. Total Supply: 100,000,000,000
2. Team Introduction:
Keone Hon - CEO
https://www.linkedin.com/in/keone-hon/
James Hunsaker - Co-founder
https://www.linkedin.com/in/jameshunsaker/
3. Investors: Coinbase Ventures, Electric Capital, Greenoaks Capital, Placeholder Capital, Lemniscap, Shima Capital, Finality Capital
How to Participate
1. If you assume the MON spot price may go up after its listing on the Spot market, you can purchase PreTokens in the trading market and MON until delivery, at which time the delivery rule is only applicable to position delivery.
- Final Profit = Position delivery amount* - Purchase cost
Position delivery amount = Held quantity * Delivery price - Delivery fee
2. If you assume the MON spot price may go down after its listing on the Spot market, you may need to first pre-mint PreTokens, sell them in the trading market, and wait for delivery. In this case, your PreTokens will apply to both position delivery and pre-minting delivery.
- Final Profit = Pre-minting delivery amount* + Position delivery amount* + Revenue from selling - Collateral cost
Pre-minting delivery amount = Staked amount - Final pre-minted quantity * Delivery price - Delivery fee
Position delivery amount = Held quantity * Delivery price - Delivery fee
Please note that the price of PRE_MON is a reflection of market expectations and can be highly volatile. Please carefully evaluate your risk tolerance before participating.
PreToken Info
1. Name: PRE_MON
2. Ticker: PRE_MON
3. Pre-minting time: 09:00 Sep 25, 2025 (UTC)
4. Pre-minting price: 1.5 USDT
Trading Info
1. Trading Start: 09:30 Sep 25, 2025 (UTC)
2. Trading Pair: PRE_MON/USDT
3. Opening Method: Call Auction
(1) Call Auction
09:30 - 09:50, Sep 25, 2025 (UTC): Orders can be placed and canceled
09:50 - 10:00, Sep 25, 2025 (UTC): Orders can be placed but not canceled
(2) Trading
10:00 Sep 25, 2025 (UTC): Trading available
AMM: PRE_MON supports AMM, allowing any CoinEx user to become a market maker by providing liquidity and earn 50% of trading fees of the market, calculated on a daily basis. Learn more about AMM >>
Delivery Info
1. Delivery time: The delivery will occur 4 hours after MON is listed on the spot market. The delivery schedule may be adjusted if there are any changes to the listing time.
2. Delivery price: The delivery price is determined by calculating the average of 1-min candlestick closing price during the hour before delivery. CoinEx may adjust the final delivery price if any market manipulation is detected during the price calculation period. If the delivery price is calculated higher than 1.5 USDT, the delivery is capped at 1.5 USDT.
Fees
1. Redeeming Fee: 2%
2. Delivery Fee: 1%
3. Trading Fee: 0.3%
More Info
Risk Warning
Please ensure you fully understand the rules and the project of Pre-Token Trading before participating. Pre-Token Trading is highly speculative with significant price volatility and investment risks. We encourage you to make informed investment decisions based on your understanding of cryptocurrency and careful assessment of your investment capacity.
CoinEx Team
Sep 25, 2025