October TGE Boom: A Quick Look at 12 Major New Token Projects and the Capital Behind Them
Multiple institutions predict that the bull market climax will continue in Q4, led by projects such as Monad, Meteora, Limitless, Zama, and MegaETH.
Original Title: "A Comprehensive Guide to 12 Projects Planning TGE in October"
Original Author: Zhou, ChainCatcher
Since the beginning of this year, TGE (Token Generation Event) activities in the crypto market have shown an overall upward trend. Data indicates that the total financing in the first three quarters exceeded 1 billion USD, with the highest FDV (Fully Diluted Valuation) for a single project reaching 315 million USD.
Currently, several highly anticipated projects have confirmed their TGE will take place in mid-to-late October, signaling the arrival of a Q4 TGE boom. The following will provide a detailed introduction to these projects.
Monad ($MON) | High-Performance Layer 1 Blockchain
Monad is an Ethereum Virtual Machine (EVM) compatible Layer 1 blockchain. According to the official introduction, Monad defines itself as a PoS-based, EVM-compatible high-performance L1, aiming to pioneer new paradigms for public chains through pipelined execution of Ethereum transactions. The project has raised approximately 244 million USD, with investors including Paradigm, Dragonfly, Coinbase Ventures, and Animoca Brands, and a post-investment valuation of about 3 billion USD.
According to the official announcement, the airdrop claim will open on October 14 (UTC+8), and Hyperliquid will launch MON-USD hyperps (pre-market perpetual contracts) on October 8 (UTC+8), allowing users to go long/short $MON with up to 3x leverage. The airdrop eligibility criteria have not yet been disclosed, but the community speculates that Monad's airdrop may follow a "first come, first served" model, requiring completion of challenging tasks before claiming.
Enso (ENSO) | Cross-Chain Liquidity Protocol
Enso will launch on Binance Alpha platform on October 14 (UTC+8), and eligible users can visit the Alpha event page to claim airdrops using Alpha points. Enso is a cross-chain liquidity protocol focused on automated trading and asset management, supporting users in optimizing DeFi strategies via smart contracts. The project has raised about 9 million USD, backed by Polychain, Spartan Group, Mapital Capital, and others.
Yei Finance (CLO) | Money Market on Sei Network
Yei Finance will launch on Binance Alpha platform on October 14 (UTC+8), and the CLOUSDT perpetual contract (50x leverage) will go live at 19:30 (UTC+8) on the same day. Eligible users can claim CLO token airdrops using Binance Alpha points. Yei Finance is a decentralized, non-custodial money market protocol on the Sei network, currently achieving a total market size of over 389 million USD and total lending volume exceeding 170 million USD. The project completed a 2 million USD seed round at the end of 2024, led by Manifold Trading.
Fleek ($FLK) | Easily Build Open Websites and Applications
According to the official introduction, Fleek is a social application where users can create AI-generated or AI-enhanced content and earn income through tipping, token trading, brand campaigns, and premium features.
Official information shows that the maximum supply of its token FLK is 100 million, with an initial circulating supply of 28%, and 10% allocated for proxy rewards and airdrops. The Fleek project conducted a token sale on CoinList from May 1-8, 2025 (UTC+8), with FLK tokens priced at 0.75 USD and an FDV of 75 million USD. Therefore, the airdrop on October 14 (UTC+8) will distribute 10 million FLK tokens to the community, worth about 7.5 million USD.
LAB ($LAB) | Multi-Chain Trading Terminal
LAB is a multi-chain trading terminal offering unique trading algorithms, multi-chain support, and customizable trading features. The project has raised about 5 million USD, with core investors including Animoca Brands, Amber Group, GSR, OKX Ventures, and others. The airdrop will take place on October 14 (UTC+8), with no official announcement of the airdrop ratio or details. Only hints in Discord and Galxe community activities suggest that active traders and early users will be rewarded, with the potential airdrop accounting for 1-2% of total supply.
Novastro ($XNL) | AI-Driven RWA Layer 2
Novastro is an AI-driven RWA Layer 2 chain. The project has raised about 1.2 million USD, supported by investors such as Woodstock and Double Peak.
The airdrop will be confirmed through Galxe activities and testnet tasks, with users increasing eligibility by completing bridging and interactions. Total supply and allocation ratio have not been disclosed. The TGE date is October 15, 2025 (UTC+8), and claiming will start at TGE.
Intuition ($TRUST) | Decentralized Identity Infrastructure
Intuition is a decentralized knowledge graph protocol and universal oracle, founded by William Luedtke from ConsenSys. The project has raised 6.35 million USD, led by Superscrypt, Joseph Lubin, Andrew Keys, and others.
Reportedly, the TGE is scheduled for October 15, 2025 (UTC+8), with a total supply of 1 billion $TRUST, an initial circulating supply of 163.5 million, and an FDV expected at 150 million USD. The airdrop accounts for 20% of total supply, valued at 24.53 million USD. On TGE day, 50% of tokens will be unlocked, with the remainder linearly unlocked over 12 months. The community predicts it may be listed on Binance Alpha.
Recall ($RECALL)
Recall is a decentralized intelligence platform supporting autonomous AI agents to store, share, and exchange knowledge on-chain, incentivizing open agent development through crypto-economic rewards and transparent competitions. The project has raised 42.5 million USD, with support from Multicoin Capital and Coinbase Ventures.
Recall will make its native token RECALL available to the public on major exchanges starting October 15 (UTC+8), and will offer airdrop opportunities to selected early supporters. The initial issuance is 1 billion, with 200 million (20% of total issuance) unlocked after launch. The largest share (30%) will be allocated to the community and ecosystem. After 12 months, 27% of the issuance will be unlocked, with the remaining portion unlocked after 48 months.
Bluwhale ($BLUAI) | The Intelligence Layer for Web3
Bluwhale is an AI-driven decentralized personalization protocol. Bluwhale has raised a total of 100 million USD, including seed/A rounds, a 75 million USD token purchase commitment, grants, and node sales revenue. Investors include SBI Investment, gumi Cryptos Capital, NxGen, and additional funding from Arbitrum and Movement Labs.
According to the official announcement, the total supply of BLUAI tokens is 10 billion, with 6% allocated for airdrop rewards to the community, encouraging participation and network expansion. TGE will take place on October 21 (UTC+8).
Meteora ($MET) | Decentralized Exchange
Meteora is a dynamic liquidity pool protocol based on Solana, supporting automated market makers and token trading through a centralized liquidity management mechanism (DLMM). The project's co-founders, Ben Chow and Meow, are also co-founders of Jupiter. The project is backed by Alliance, Delphi Digital, and others, with financial details undisclosed. Meteora currently has a TVL exceeding 780 million USD and has generated 1.51 billion USD in fees.
The official announcement confirms TGE will take place on October 23 (UTC+8), with a total token supply of 1 billion. TGE will unlock and allocate 48% of tokens, with 3% of the TGE reserve to be distributed as liquidity position NFTs to Jupiter stakers.
Planck Network ($PLANCK) | Decentralized AI Computing Network
Planck Network is a modular Layer 0 protocol. Public information shows that Planck Network received a 200 million USD token investment commitment from Rollman Management Digital in April this year; and in June, received strategic investment from Web3 pioneers Brock Pierce and Scott Walker through their venture capital firm DNA Fund.
According to the official announcement, TGE is scheduled for October 25, 2025 (UTC+8), with total supply undisclosed. The $PLANCK token will be used for staking, governance, and rewards.
Limitless ($LMTS) | Social Prediction Protocol
Limitless is a decentralized prediction market platform based on the Base chain, with a current trading volume exceeding 460 million USD. The project has raised a total of 8 million USD, supported by Coinbase Ventures, 1confirmation, Maelstrom, and others.
According to the official announcement, TGE will take place in October, with a total supply of 1.5 billion $LMTS, an initial circulation of 50%, and the remaining 50% unlocked after 6 months. FDV is expected to be between 75 million and 100 million USD. The airdrop is expected to account for 10-20% of total supply, with points earned by using the product, providing liquidity, and referring friends.
It is worth mentioning that Limitless concluded its community sale on Kaito Capital Launchpad on October 5, 2025 (UTC+8), where the original allocation target of 1 million USD attracted 200.96 million USD in subscriptions, oversubscribed by about 200 times. The sale sold 20 million $LMTS (1.33% of total supply, priced at 0.05 USD per token), setting FDV at 75 million USD, with priority given to Kaito community members.
Conclusion
The listing and surge of coins such as ASTER/XPL in September have ignited market expectations for Q4 TGE projects. Institutions like CryptoRank and PitchBook predict that this quarter will continue the bull market climax, led by projects such as Monad, Meteora, Limitless, Zama, and MegaETH.
To some extent, TGE can stimulate community participation and tokenization innovation, especially breakthroughs in RWA securitization and cross-chain protocols. However, on the other hand, the post-TGE surge in valuations accompanied by token unlocks has led some institutions to warn that retail investors may face significant selling pressure, and caution is advised regarding the "VC coin dilemma" and market volatility risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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