Mode Network logo

Mode Crypto Network (MODE)

Total Raise: $5,300,000
Date: 23 Jan - 14 May

The Mode crypto network is a DeFi modular L2 chain that rewards users and developers for growing its ecosystem through the fee revenue sharing model and multiple $MODE and $OP airdrop campaigns. 

It is powered by the native $MODE token, which provides users with access to governance votings within the platform and is used by the protocol for multiple incentivizing programs.

The platform is backed and supported by Optimism itself, which since January 23rd, 2023, invested over $5.3M into the project.

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Mode Crypto Network Overview

Ticker: MODE
Country: Singapore
Founded: June 2023
Whitelist: No
Blockchain Network: Ethereum
KYC: Yes
Bounty: Yes
MVP: Yes
Type: IEO, Equity
Security Audit: Yes

Mode Crypto Network Review

Mode is a modular DeFi L2 network built on and secured by the OP Stack. It focuses on establishing a perfect environment for developing new DeFi applications by offering multiple incentivising programs and unique features for users and developers. This variety includes:

  • Secured by Optimism: Mode is built on OP stack, which means it derives security power originally from Optimism chain network
  • Easy integration: The Mode crypto network is as easy to integrate as any another EMV-compatible chain network into any DeFi application;
  • Low gas fees: On the protocol, users are able to enjoy up to 95% less gas fees compared to ones paid on Ethereum;
  • Access to the Optimism RPG funding: Through assisting by the Mode ecosystem, developers are able to apply for Optimism’s $2B PGF (public good funding) program;
  • Fee revenue sharing: The network offers a revenue sharing campaign through the MODE token airdrops, actively rewarding users and developers for the growth of the protocol.

$MODE is the native token of the Mode network, primarily used for granting access to the governance layer of the platform and incentivizing ecosystem growth through multiple MODE airdrop campaigns.

On the 2nd of May 2024, the platform announced the public launch of its native token and the Mode network airdrop campaign, allocating over 5.5% of the total token supply. Users will be able to claim their tokens starting from 7th May at 11:00 UTC, an hour before the listing of the token on centralized exchanges (CEXs), such as Bybit,, and others.

Considering the growing interest of the crypto community in the Mode network and its token, the CoinLaunch team decided to conduct a comprehensive research of the project and found some major pros and cons:


Mode Network’s pros: 

  • Over 300K users and $488M worth of TVL in a single year achieved since the launch of the mainnet;
  • The platform’s security powered by the Optimism Superchain, which was audited multiple times by TOP tier security companies;
  • Strong PR, SEO, SMM and Growth marketing performance; 
  • Presence of the tier 1 partners, supporting the project;
  • Experienced executive team.

Mode Network’s cons: 

  • Relatively high token inflation rate (~17% annually);
  • Lack of TOP tier funds invested in the project;
  • Moderate Influencer Marketing Performance as for such caliber of project; 
  • Weak marketing infrastructure.

Mode Crypto Network Token Economy

Total Raise: $5,300,000
Total Supply: 10,000,000,000
Private/Pre-sale: 1,900,000,000 (19%)
Public Sale: 16,100,000 (0.16%)
Fully Diluted Valuation (FDV): $1,000,000,000
Initial Circulation Supply: $130,000,000 (13% of FDV)

Mode Crypto Network Token Sale (ICO & IDO) Rounds

IEO: 07 May - 14 May

Price: N/A
Tokens for sale: 15,000,000
Raise: N/A
Lock-Up: No lock-up
Private: 23 Jan - 24 Jan

Price: N/A
Tokens for sale: N/A
Raise: $5,300,000
Lock-Up: N/A

Mode Crypto Network Token Release Schedule

Token Release Schedule MODE

Mode Crypto Network Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  07 May 2024 Upgrade

Mode Crypto Network Team

James Ross
James Ross
Founder & CEO
Federico Sarquis
Federico Sarquis
Head of DevRel
Deez N
Deez N
Head of Growth

Mode Crypto Network News

Mode Crypto Network Roadmap

August 2023

Mode Public Testnet

November 2023


May 2024

TGE and airdrop season 1 

September 2024

Airdrop season 2

Others in past IDO

peaq network logo peaq (PEAQ)
Total Raise: $24,040,000
08 Jun - 16 May
crypto hub logo Crypto Hub (HUB)
Total Raise: $60,000
01 Jul - 15 Sep
swell network logo Swell Network (SWELL)
Total Raise: $3,750,000
14 Mar - 15 Mar
bouncebit logo BounceBit (BB)
Total Raise: $6,000,000
27 Feb - 11 Apr
Share this project:
No comments yet

Get Trust & Increase Conversion Rate

Place the CoinLaunch widget on your website to get trust of the crypto crowd. Make an announcement of the listing on your social media channels and tag our pages for additional traffic.

<a href="" title="Mode Crypto Network (MODE)" target="_blank"><img src="" width="224" alt="Mode Crypto Network (MODE)"></a>