Confirmed Monolith Airdrop » How to be eligible?

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Airdrop confirmed
Chain: Ethereum

Ongoing

Confirmed

Jump to steps Updated 23 Oct 2026 · 7 steps

Monolith Airdrop Details

The current Monolith airdrop is confirmed and tied to swanUSD, a wstETH-backed stablecoin governed by SwanDAO. 100,000 SWAN, 1% of the 10M fixed supply, will be split equally among qualifying wallets.

Eligibility has two parts: your wallet must belong to a launch partner community, and you must hold at least 1,000 sSwanUSD for seven continuous days within the first 28 days after launch. Full snapshot criteria are due at launch.

Key Parameters:

Airdrop Allocation: 100,000 SWAN (1% of supply)
Distribution Method: Equal split per qualifying wallet, deduplicated across communities
Holding Requirement: 1,000+ sSwanUSD for 7 consecutive days
Qualification Window: First 28 days after launch (October 22 to November 19, 2026)
Launch Date: October 22, 2026, 16:00 UTC

Partner communities include Curve (veCRV), Convex (vlCVX), Yearn (yCRV holders and stakers), Stake DAO (sdCRV, vlSDT) and Inverse (INV, FiRM INV stakers, sINV, and Monolith sINV collateral users).

Wallets are counted once, so holding veCRV and vlCVX in the same address does not double your share. Unstaked swanUSD does not count.

How to Participate in the Monolith Airdrop

Step 1: Check Your Partner Community Positions

Confirm the wallet you plan to use holds a qualifying position such as veCRV, vlCVX, yCRV, sdCRV, vlSDT, or staked INV. Use this same address for every step that follows.

Step 2: Fund Your Wallet With ETH

You need ETH for gas and collateral on Ethereum mainnet. You can buy ETH on Bybit and withdraw it to your wallet. Holding funds on another network? Move them over to Ethereum with the widget below.

Bridge funds

Swap and bridge across 30+ chains without leaving this page.
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Step 3: Visit the Monolith App

Go to the Monolith app and open the swanUSD market once it goes live at 16:00 UTC on October 22.

Step 4: Connect Your Wallet

Click “Connect Wallet” and approve the connection with MetaMask, Rabby, or another supported wallet.

Step 5: Deposit Collateral and Mint swanUSD

Deposit ETH or Lido’s wstETH as collateral and borrow swanUSD against it. Pick a debt mode:

Free debt: 0% interest, but your position can be redeemed against
Paid debt: Variable interest rate, not redeemable

Mint enough to stake at least 1,000 swanUSD, and keep a healthy collateral buffer.

Step 6: Stake swanUSD Into sSwanUSD

Stake your swanUSD to receive sSwanUSD, either directly in the vault or through the designated SWAN-rewards staking contract. Both routes count toward eligibility.

Step 7: Hold 1,000+ sSwanUSD for Seven Days

Keep your balance at or above 1,000 sSwanUSD for seven continuous days before November 19, 2026. Dropping below the threshold breaks the continuous hold, so stake a little more than the minimum.

Tips for Maximizing Your SWAN Allocation

Start the streak early: Begin holding in the first week of the 28-day window. If something breaks your seven days, you still have time to restart.

Stake a buffer above 1,000: Rounding or a partial unstake can drop you to 999.9. Holding 1,050 or more removes that risk.

Watch your debt mode: Free-debt positions can be redeemed, which may close part of your loan. Paid debt costs interest but keeps your position intact.

Frequently Asked Questions

Does Monolith have its own token?

No. Monolith has no native token confirmed. Rewards come from stablecoins deployed on the factory, and the current airdrop distributes SWAN, the governance token of swanUSD and SwanDAO, to qualifying stakers.

When does the Monolith SWAN airdrop start?

The swanUSD market and SWAN token launch on October 22, 2026, at 16:00 UTC. The qualification window runs for 28 days from launch, ending November 19, 2026. Full snapshot criteria are scheduled for release at launch.

How are SWAN tokens distributed?

The 100,000 SWAN pool is divided equally among all qualifying wallets. Every eligible address receives the same amount regardless of how much sSwanUSD it holds, as long as it meets the 1,000 sSwanUSD, seven-day requirement.

Conclusion

The Monolith airdrop through swanUSD targets existing Curve, Convex, Yearn, Stake DAO and Inverse users who also back the new stablecoin. Mint swanUSD against wstETH, stake it as sSwanUSD, and hold 1,000 or more for seven straight days before November 19 to qualify for SWAN.

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What is Monolith?

Monolith is a permissionless stablecoin factory on Ethereum. Anyone can use it to deploy an isolated, crypto-backed stablecoin without asking for permission. The Monolith airdrop currently runs through its newest market, swanUSD, which distributes SWAN tokens to early stakers.

Monolith was built by the team behind Inverse Finance. Inverse DAO approved a launch budget of roughly $332k in 2025 for audits and marketing, and the factory code went through a Sherlock audit contest. The protocol is live on mainnet with markets such as invUSD.

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