Live on Robinhood Chain — launch tokens with locked liquidity via MintPlus →Arc is coming — Circle’s stablecoin L1, mainnet Sept 16 · Get ready →T-13
Monad

After nad.fun Graduation on Monad: What’s Already Locked and What Isn’t

Last updated: August 2026By the TrustSwap Team

If you graduated a token on nad.fun and someone told you to go lock your liquidity, they described a transaction you cannot make. The protocol locked it, through LP tokens that were never issued to you. The work that genuinely remains sits somewhere else, and this page moves you to it.

Can a nad.fun graduate lock their liquidity?

No — the creator never holds the LP tokens, so there is no position to lock and no transaction to make. nad.fun places and locks the liquidity itself at graduation, and it states the mechanism in its own documentation: “The initial protocol-provided liquidity is locked through its LP tokens, and the LP fees earned by this locked liquidity stay in the pool and help deepen liquidity over time.” The LP tokens exist, they are locked, and they were issued to the protocol rather than to your wallet. Nothing you sign changes that arrangement.

This is the most common piece of misdirected advice aimed at Monad founders, and it persists for a dull reason: most locker marketing is written once and applied to every chain. Where a launch pad hands LP tokens to the creator, lock your liquidity is the right instruction. On nad.fun it is not, because the object it refers to is not in your custody. How to lock liquidity on Monad sets out which Monad teams do hold lockable LP — they exist, but they are the ones who seeded a pool by hand, not the ones who graduated a curve.

What triggers graduation on nad.fun, and what moves?

Graduation is a supply-and-funding threshold, stated by <a href="https://nad.fun" target="_blank" rel="noopener noreferrer">nad.fun</a> as follows: “A token reaches the graduation milestone when the bonding curve has gathered around 225,000 MON and approximately 80% of the token supply has been sold.” When that milestone is reached, “the remaining token supply and gathered funds are moved to an internal DEX liquidity pool” — the curve stops being the market, and an on-chain pool becomes it.

Two things get collapsed here and should be held apart. Migration is a change in market structure: the token stops trading against a bonding curve and starts trading against a pooled on-chain market. Locking is a change in who can withdraw from that pool. Only the second is a claim about your trustworthiness.

One point of precision, because this audience will check: exactly which pool implementation receives the migrated liquidity is described inconsistently across sources as of September 2026. The lock claim holds either way — the protocol holds and locks the LP tokens regardless of the pool’s internals — but when documenting this for holders, cite nad.fun rather than a secondary explainer.

Is protocol-locked liquidity the same thing as burned liquidity?

No — a burn destroys the LP tokens outright, while a protocol lock leaves them in existence under someone else’s control, and the difference is entirely about who could act later. A burn sends the LP tokens to an address nobody can spend from. There is no key, no expiry, no upgrade path and no counterparty; the option to withdraw has been deleted rather than restrained. A protocol lock leaves the tokens intact and held by the protocol — not withdrawable by you, not withdrawable by anyone on a whim, and dependent for its permanence on the protocol’s contracts and governance continuing to behave as documented.

Be honest with holders about which of those you have, because sophisticated ones will work it out. Ranked by what a stranger must assume, burning requires trusting nobody, a protocol lock requires trusting a protocol, and a team-held lock requires trusting a locker contract plus the team’s willingness to leave it alone. A graduate sits in the middle and should say so, rather than borrowing the word burned, which is not what happened.

nad.fun’s wording also carries an economic consequence a burn does not: the LP fees earned by the locked liquidity “stay in the pool and help deepen liquidity over time.” That is a compounding position rather than an inert one — defensible design, and a different design from destruction.

Did nad.fun creators ever receive LP tokens?

No — under the legacy V1 arrangement creators received “50% of the remaining LP fees”, which is a share of trading revenue and not a claim on the liquidity itself. Fees and LP tokens are different instruments. A fee share pays you a portion of what the pool earns; an LP token is the withdrawable receipt for the capital sitting in it. You can receive the first indefinitely without ever touching the second.

This is where most of the confusion starts: a creator seeing fee income arrive reasonably concluded they held an ownership position in the pool, then went looking for LP tokens to lock. There are none. The safe formulation for your documentation is that the protocol locked the liquidity and any fee entitlement is separate from it — never that you locked anything.

If the liquidity is handled, what is actually still unlocked?

Everything you and your team hold in your own wallets — founder allocation, treasury, advisor grants, contributor pools and anything reserved for future rounds. The graduation event made a statement about the pool. It made no statement whatsoever about the balances sitting under your control, and those balances are what a diligence reader, an exchange listing desk or a large prospective holder will actually ask about.

This is the credibility gap for a Monad graduate, and it is narrow and closable. The liquidity question was answered for free by the venue you launched on, leaving one open question about your supply side — one you can answer deliberately, on your own timetable. Team token locks on Monad covers the single-date commitment for allocations that should simply be immobile. How to set up token vesting on Monad covers tokens meant to be earned over time — contributor compensation, advisor grants, staged treasury release — and vesting schedules for Monad projects covers shaping the curve so a scheduled release never surprises the market.

One limit, stated plainly: you can lock only what you hold. Supply bought on your curve before graduation belongs to whoever bought it, and no commitment of yours reaches it. What locking your own wallets achieves is separation — it lets the market tell insider supply from independent buyers instead of assuming the worst about the whole distribution.

Does nad.fun’s current activity change what a graduate should do?

It sharpens the case for locking allocations rather than weakening it, because thinner venue activity means your token’s credibility rests more on what you can prove and less on what the launch venue implies. nad.fun holds $411,668 of TVL with $5.22M of 30-day volume as of September 2026, and its revenue has fallen 84% from a Q4 2025 peak of $958.2K to $150.25K in Q3 2026. That is market structure, not a verdict on the platform — Monad’s money is concentrated in lending and yield protocols rather than launch venues, and nad.fun’s numbers reflect where the chain’s capital actually sits.

The practical read: venue prestige will not carry a diligence conversation here. Verifiable structure will — a locked allocation with a public unlock date, a published vesting curve, wallet labels that match the explorer. How to verify a lock on Monad covers what a counterparty checks, and in what order.

What is the right sequence after graduating on nad.fun?

Work outward from what is already settled, in five moves:

  1. Record the graduation event and cite the mechanism correctly. Save the on-chain record of the migration and describe the liquidity as locked by the protocol through its LP tokens — not as burned, and not as locked by you.
  2. Inventory every wallet you and your team control. List founder, treasury, advisor and contributor addresses honestly, including any position acquired on your own curve before graduation.
  3. Lock the allocations that should not move. A team token lock is $150 on Monad as of September 2026, fixed in USD and charged in MON, with the unlock date written on-chain and no party able to shorten it.
  4. Put the supply that will be spent on a vesting schedule. A vesting schedule is $100 as of September 2026, with the release curve published so that every future unlock is already known to the market before it arrives.
  5. Publish the whole proof set at once. Graduation record, wallet labels, lock certificates and vesting schedule, linked from your documentation before anyone requests them — proofs offered early read as governance, and the same proofs offered under pressure read as a response.

What does closing the allocation gap cost on Monad?

A team token lock is $150 and a vesting schedule is $100 on Monad as of September 2026, both fixed in USD and charged in MON. The lock fee is flat regardless of how many tokens the lock holds, so the number of separate tranches you create — not the size of the allocation — determines what you spend. A graduate securing a founder allocation across four dated tranches and vesting a contributor pool spends a low-hundreds figure in total, against a credibility gap that is otherwise permanent.

One honest note on the landscape as of September 2026: no established locker competitor supports Monad — PinkSale does not list it, Streamflow is Solana-only, and one announced Monad integration elsewhere has not shipped. Current pricing is published at <a href="https://www.team.finance" target="_blank" rel="noopener noreferrer">team.finance</a>; locks are created at <a href="https://app.team.finance" target="_blank" rel="noopener noreferrer">app.team.finance</a>.

FAQ

Can I lock my liquidity after graduating on nad.fun? No — the creator never holds the LP tokens, so there is no position to lock and no transaction to make.

Is protocol-locked liquidity the same thing as burned liquidity? No — a burn destroys the LP tokens outright, while a protocol lock leaves them in existence under someone else’s control, and the difference is entirely about who could act later.

What is nad.fun’s graduation threshold? nad.fun states it as follows: “A token reaches the graduation milestone when the bonding curve has gathered around 225,000 MON and approximately 80% of the token supply has been sold.”

Did nad.fun creators ever receive LP tokens? No — under the legacy V1 arrangement creators received “50% of the remaining LP fees”, which is a share of trading revenue and not a claim on the liquidity itself.

What is actually still unlocked after graduation? Everything you and your team hold in your own wallets — founder allocation, treasury, advisor grants, contributor pools and anything reserved for future rounds.

What does it cost to secure the team side? A team token lock is $150 and a vesting schedule is $100 on Monad as of September 2026, both fixed in USD and charged in MON.

When should this be done? Within the first week after graduation, while the proof is still unrequested — a commitment made before anyone asks for it is worth more than the identical commitment made afterwards.

Next steps: lock the team allocation · set up vesting · design the schedule · verify a lock · back to the Monad hub


Monad is an independent blockchain network developed by Monad Foundation and its contributors. TrustSwap is not affiliated with, endorsed by, or sponsored by Monad, nad.fun, Kuru, or any of their developers. All product and company names are trademarks of their respective holders; their use here is for identification purposes only.

This article is for informational purposes only and is not financial advice. Facts current as of September 2026 — chain metrics and launch platform mechanics change; verify against current documentation before relying on any figure here.

The pool is handled. Now handle the cap table.

Team Finance is live on Monad with full tier-1 coverage. Token creation is free, staking pools are free, and the team lock counterparties are actually asking about takes minutes.

Create a token — freeLock your team tokensGet The Crypto App