Midnight Tokenomics Out: Check NIGHT Token Listing and Airdrop Details

After weeks of curiosity, the Midnight Tokenomics Paper is finally live. The document gives a full picture of how the NIGHT token and DUST system will work. With a total supply of 24 billion, this crypto project is aiming to blend privacy, transparency, and utility in a unique way. The community now turns its attention to the listing date and expected price range.

Midnight Tokenomics and Utilities Explained

The total supply of the Midnight crypto token is capped at 24 billion coins. Distribution will roll out in three claim phases:

1. Glacier Drop Phase

2. Scavenger Mine Phase

3. Lost-and-Found Phase

In the Glacier Drop, eligible users holding tokens like ADA, BTC, ETH, SOL, BNB, AVAX, XRP, and BAT can claim NIGHT based on how much they held. The breakdown is:

Source: WhitePaper

• 50% for ADA holders

• 20% for BTC holders

• 30% shared among ETH, SOL, XRP, BNB, AVAX, BAT holders (based on USD value)

NIGHT, the main utility token, has several roles:

• It generates DUST, a resource used for private transactions

• Used for block rewards

• Supports future governance

• Exists natively on both Cardano and Midnight chains

DUST is not a token, but a renewable, non-transferable resource. It powers the platform by enabling shielded, low-cost transactions and decays over time. This makes the platform more private and less prone to speculation.

NIGHT Snapshot Completed, Listing Date Still Awaited

The snapshot was already taken on June 11, 2025, at 00:00 UTC, locking in wallet data for the first phase. Any unclaimed NIGHT will move forward into the next phases.

Source: X

The most anticipated part now is the listing of the NIGHT coin. Though no official date has been announced yet, early signs suggest that listing may happen in Q3 2025. The project is building buzz, and many expect announcements from top crypto platforms soon.

Midnight hasn’t revealed any confirmed exchange listings yet, but users believe it may get listed on major platforms like Binance, KuCoin, MEXC, or OKX, based on the growing attention around the project. However, this is only speculation for now and not confirmed by the team.

What to Expect on Midnight Listing Day: Price and Platform Hopes

As for the price, the token has a total supply of 24 billion, which is quite large. That means its starting price may be low. Current community estimates suggest an initial token listing price between $0.001 to $0.010. But if major exchanges list it and hype grows before launch, the price could rise between $0.010 and $0.050 in early trading. But these are still rough calculations based on general market trends and not a promise.

The token model of Midnight is commendable in its balance of achieving privacy, equitable distribution, and future scalability. The revised blend of NIGHT and DUST is the new approach to crypto utility, and the multi-chain launch indicates that the project is looking for actual use in the real world. Apart from this, the Mango network , a project that brings a distinct multi-VM blockchain platform, merging EVM and MoveVM, and with support for multiple dApps and Web3 development is also listing today.

Disclaimer: The article is meant to be informational only and shouldn't be treated as investment advice. All data is based on publicly available data at the time of writing. Risk of investing in cryptocurrency. Always conduct your own research before investment.