Picking up bargains after the market crash? Yei Finance leads the TGE explosion in October.

After the market crash on October 11, which saw over $20 billion liquidated, the Q4 TGE frenzy has instead accelerated. 12 major projects, including Monad, Yei Finance, and Meteora, have confirmed the issuance of coins in mid to late October, with total financing exceeding $1 billion, and the highest FDV for a single project reaching $3 billion. The low sentiment following the crash is often the best entry point for quality projects' TGEs.

TGE Concentrated Explosion on October 14: Five Major Projects Launching on the Same Day

October 14 will become a Super Tuesday for the crypto market, with five highly anticipated projects conducting their TGE on the same day. Among them, Yei Finance and Enso will land on the BNB Alpha platform, while Monad will lead with a post-investment valuation of $3 billion.

· Monad: A high-performance EVM public chain with a valuation of 3 billion USD

Monad is an Ethereum Virtual Machine (EVM) compatible Layer 1 blockchain. According to the official introduction, Monad adopts a PoS mechanism and aims to create new possibilities for public chain paradigms through the pipeline execution of Ethereum transactions.

Financing and Valuation Highlights:

Total financing amount: approximately 244 million USD

Post-money valuation: approximately 3 billion USD

Investor lineup: top institutions such as Paradigm, Dragonfly, and Animoca Brands.

Airdrop Mechanism Innovation: The official announcement states that the airdrop application will open on October 14. Hyperliquid will launch the MON-USD hyperps (pre-market perpetual contract) on October 8, allowing users to long/short $MON with up to 3x leverage. Currently, the conditions for the airdrop application have not been revealed, and the community speculates that Monad's airdrop may be on a “first-come, first-served” basis, requiring the completion of more challenging tasks before receiving it.

· Yei Finance: The New Star of DeFi on the Sei Network

Yei Finance will launch the BNB Alpha platform on October 14, and on the same day at 19:30 (Beijing Time), the CLOUSDT perpetual contract (50x leverage) will go live. At the same time, eligible users can use BNB Alpha points to claim CLO token airdrops.

Yei Finance Core Data:

Positioning: Decentralized, non-custodial currency market protocol on the Sei network

Total market size: over 389 million USD

Total loan amount: over 170 million USD

Financing situation: Completed $2 million seed round financing by the end of 2024, led by Manifold Trading.

Product matrix integrity: Yei Finance offers a complete DeFi product ecosystem, including:

· YeiLend: Lending Protocol

YeiSwap: Decentralized Exchange

Yeilien NFT: NFT Market

Clovis: Additional Financial Instruments

After the market crash, the demand for borrowing in DeFi protocols often surges, as investors need liquidity to cope with margin calls or bottom-fishing opportunities. Yei Finance, as the main money market on the Sei network, perfectly timed its TGE to capture this wave of demand.

· Enso: The Automated Revolution of Cross-Chain Liquidity Protocols

Enso will be launched on the BNB Alpha platform on October 14. Eligible users can go to the Alpha event page to use Alpha points to claim airdrops.

Project Features:

Core Functionality: Cross-chain liquidity protocol, focusing on automated trading and asset management.

Technical advantages: Support users to optimize DeFi strategies through smart contracts.

Funding Background: A total of approximately 9 million USD, supported by institutions such as Polychain, Spartan Group, and Mapital Capital.

· LAB: Professional tools for multi-chain trading terminals

LAB is a multi-chain trading terminal that offers unique trading algorithms, multi-chain support, and customizable trading features.

Financing and Investors:

Total financing amount: approximately 5 million USD

Core investors: Animoca Brands, Amber Group, GSR, etc.

The airdrop will take place on October 14th. The official hasn't announced the airdrop ratio or details, only hinting in Discord and Galxe community events that active traders and early users will be rewarded. The potential airdrop may account for 1-2% of the total supply.

· Fleek: AI-driven social content platform

According to the official introduction, Fleek is a social application where users can create AI-generated or AI-enhanced content, and can earn revenue through tips, token transactions, brand events, and premium features.

Token Economic Model:

Max Supply: 100 million FLK

Initial circulation: accounting for 28%

Airdrop and Rewards: 10% for agent rewards and airdrops

Pricing and Valuation: The price of the FLK token is $0.75, and the FDV is $75 million.

The airdrop on October 14 will distribute 10 million FLK tokens to the community, worth approximately 7.5 million USD.

Mid to late October key TGE project overview

· Recall (October 15): Decentralized AI Intelligence Platform

Recall is a decentralized intelligence platform that supports autonomous AI agents to store, share, and exchange knowledge on the chain, incentivizing open agent development through cryptoeconomic rewards and transparent competition.

Financing and Token Distribution:

Funding size: $42.5 million, including support from Multicoin Capital.

Issued amount: 1 billion coins RECALL

Initial Unlock: 200 million (accounting for 20% of total issuance)

Community allocation: The largest share (30%) will be allocated to the community and ecosystem.

· Meteora (October 23): Liquidity Engine of the Solana Ecosystem

Meteora is a dynamic liquidity pool protocol based on Solana, supporting automated market makers and token trading through a centralized liquidity management mechanism (DLMM).

Team Background and Data:

Founders: Ben Chow and Meow are also co-founders of Jupiter.

Investors: Alliance, Delphi Digital, etc.

TVL: over 780 million USD

Generated cost: 1.51 billion USD

Token distribution highlights: Official confirmation that the TGE will take place on October 23, with a total token supply of 1 billion coins. The TGE will unlock 48% of the distributed coins, of which 3% of the TGE reserve will be allocated to Jupiter stakers in the form of liquidity position NFTs.

· Limitless (within October): Predicting market dark horses

Limitless is a decentralized prediction market platform based on the CEX chain, which has currently achieved over 460 million dollars in trading volume.

Financing and Valuation:

Total financing amount: 8 million USD, supported by institutions such as 1confirmation and Maelstrom.

Total Supply: 1.5 billion coins $LMTS

Initial circulation: 50%, the remaining 50% will be unlocked after 6 months.

FDV is expected to be between 75 million and 100 million USD.

Community sale explodes in popularity: It is worth mentioning that Limitless ended its community sale on October 5, 2025, at Kaito Capital Launchpad, with an initial target allocation of 1 million USD attracting subscriptions of 200.96 million USD, over-subscribed by about 200 times.

Opportunities and Risks of TGE After the Market Crash

The launch of ASTER/XPL and other coins in September has ignited the market's anticipation for Q4 TGE projects, with institutions like CryptoRank and PitchBook predicting that this quarter will continue the bull market climax, led by projects such as Monad, Meteora, and Limitless.

· Dual Nature Evaluation of TGE

Positive Catalysts:

Community Engagement Boost: Airdrop mechanism attracts a large number of users to participate in the testnet and community activities.

Tokenization Innovation: Breakthrough Advances in RWA Securitization and Cross-Chain Protocols

Market sentiment recovery: The low TGE after the crash provides a more reasonable valuation basis.

Potential Risk Warning:

VC coin dilemma: The post-TGE valuation surge coupled with token unlocks may lead to significant selling pressure on retail investors.

Market volatility risk: Projects that were overvalued in early financing are likely to experience a drop in price right at the opening.

Liquidity Trap: Some projects have an initial circulation volume that is too low, making them susceptible to price manipulation by large holders.