SwanDAO (SWAN) TGE
Governance token of swanUSD, a wstETH-backed stablecoin on Monolith on Ethereum. Launch timing, tokenomics, unlocks, float, market maker, venues, team, audit and incidents, each checked against SwanDAO's own official sources.
- Ticker
- SWAN
- Chain
- Ethereum
- Category
- Governance token of swanUSD, a wstETH-backed stablecoin on Monolith
- TGE
- 22 October 2026 · October 2026 calendar
- Status
- Live since 22 Oct 2026 (Uniswap and Curve pools; 100,000 SWAN airdrop campaign ends 19 Nov, claims after verification)
- Transparency score
- 5 of 8, checked 7 November 2026
- Official links
- Official site · X
Launch Transparency Score, checked 2026-11-07. The score measures what a project has disclosed, not whether its token is a good investment. Nobody can pay for a score or a placement, and buying any TGE Index service never changes one.
The eight checks
| Check | Result | Note | Source |
|---|---|---|---|
| Tokenomics published Is the allocation of the supply published by the project? | Published | 10M fixed supply: sSwanUSD rewards 58%, SwanDAO treasury 25%, Deployer 10%, Launch (liquidity and airdrop) 5%, Monolith 2%. | source |
| Unlock schedule published Are vesting and unlock terms for team and investors published? | Published | No investor allocation listed. Deployer 1M, Monolith 200K and SwanDAO treasury 2.5M vest over 4 years; sSwanUSD rewards stream over 4 years (32.5%, 27.5%, 22.5%, 17.5% by year). No cliff stated. | source |
| Float at TGE disclosed Is the circulating supply at TGE disclosed? | Unclear | The page shows a live circulating figure but no figure at launch. The Launch bucket of 500K SWAN (5%) is the only allocation without vesting, and it includes the 100,000 SWAN airdrop, which is not yet claimable. | source |
| Market maker disclosed Has the project named its market maker or disclosed the arrangement? | Not published | No market maker named; the 5% Launch bucket covers liquidity and the airdrop. | no source |
| Listing venues announced Has the project officially announced where the token trades? | Published | Project's "Where to trade" section: CoW Swap, Uniswap (swanUSD/SWAN) and Curve (SWAN/WETH). No centralized exchange. | source |
| Team or entity named Are team members or a legal entity named on official pages? | Unclear | Docs say Monolith is built by the creators of Inverse.Finance DAO, DOLA and FiRM. No team members or legal entity named for SwanDAO or Monolith. | source |
| Audit report public Is an audit report for the core contracts public, with the auditor named? | Published | Monolith core reports published: Electisec (June 2025), ChainSecurity (October 2025, re-audit March-April 2026), Sherlock contest (December 2025). These cover Monolith core, not specifically the SWAN token or rewards contracts. | source |
| No unresolved incidents Is the project free of unresolved exploits, lawsuits or regulator actions? | None found | None found. | no source |
Allegations are reported as allegations, with the outcome where one exists. Not legal or investment advice.
Questions about SwanDAO
When is the SwanDAO (SWAN) TGE?
SwanDAO launched its token on 22 October 2026. Current status: Live since 22 Oct 2026 (Uniswap and Curve pools; 100,000 SWAN airdrop campaign ends 19 Nov, claims after verification). Last checked 7 November 2026. Source.
Where does SWAN trade?
Project's "Where to trade" section: CoW Swap, Uniswap (swanUSD/SWAN) and Curve (SWAN/WETH). No centralized exchange. Source.
What is the SWAN tokenomics?
10M fixed supply: sSwanUSD rewards 58%, SwanDAO treasury 25%, Deployer 10%, Launch (liquidity and airdrop) 5%, Monolith 2%. Source.
How much SWAN circulates at TGE?
Unclear from what is published: The page shows a live circulating figure but no figure at launch. The Launch bucket of 500K SWAN (5%) is the only allocation without vesting, and it includes the 100,000 SWAN airdrop, which is not yet claimable. Source.
Who is SwanDAO's market maker?
SwanDAO has not named a market maker or disclosed a market-making arrangement on its official pages. Only 6 of 68 launches in our catalog do.
Has SwanDAO been audited?
Monolith core reports published: Electisec (June 2025), ChainSecurity (October 2025, re-audit March-April 2026), Sherlock contest (December 2025). These cover Monolith core, not specifically the SWAN token or rewards contracts. Source.
Are there open incidents around SwanDAO?
We found no unresolved exploit, lawsuit or regulator action as of 7 November 2026.
What changed
- Added to the TGE catalog; all eight checks made against official sources. Source.
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