How it works
Multi-phase token distribution
NIGHT token allocations will be granted for free to eligible participants through a multi-phase token distribution: no purchase is involved.
The distribution will consist primarily of three Claim phases and a Redemption period, giving a broad community of users multiple opportunities to participate.
Claim
Open
Participants claim a token allocation by completing a puzzle or computational task, receiving a share of tokens allocation to the Scavenger Mine phase.
Redeem
Coming soon
Claimants then redeem their tokens as they thaw (unlock) during the Redemption period, thus transferring their tokens to their Destination Address.
“The first phase of Glacier Drop has been extraordinary. Over 3.5 billion NIGHT tokens have been claimed, accounting for an incredible 14% of the total supply. Now the excitement continues with Scavenger Mine.”
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Midnight TGE
Glacier Drop Redemptions Update
Glacier Drop redemptions will resume today at 17:00 UTC.
Midnight TGE
Glacier Drop Redemptions Temporarily Suspended
Midnight TGE
NIGHT token launch supported by top global exchanges, custodians and data aggregators
The Midnight Network NIGHT token is now live. Explore the official list of global exchange, custody, and data partners supporting the launch and token redemption.
Midnight TGE
NIGHT Redemption portal is now live
Those who participated in Glacier Drop and Scavenger Mine can collect their NIGHT tokens via the Redemption portal. This guide outlines the 360-day thawing schedule, the randomized release mechanism, and the step-by-step process for transferring tokens to a self-custody wallet on the Cardano network.
Midnight TGE
Guide to the NIGHT token launch and Redemption
The Midnight Network’s native utility token has launched. Here is everything you need to know about the Hilo phase of the Midnight Roadmap, the Glacier Drop Redemption thawing schedule, and how to collect your NIGHT.
Timeline
Glacier Drop ran from August 5 to October 20, 2025, allowing eligible holders across Cardano, Bitcoin, Ethereum, Solana, XRP, BNB Chain, Avalanche, and Brave ecosystems to claim their initial NIGHT token allocations.
Scavenger Mine ran from October 29 to November 19, 2025, opening participation to everyone through computational puzzle tasks to earn a share of unclaimed NIGHT allocations.
During the Redemption period, Glacier Drop and Scavenger Mine claims thaw (unlock) following a staggered schedule in four installments over the course of 360 days. The date of a claimed allocation’s first installment is randomly determined to fall over a range of 1–90 days, with subsequent installments following every 90 days. Allocation thaws happen in equal 25% shares.
Claimants may choose to redeem each share of their allotted tokens as they thaw, or wait until they fully unlock to redeem the whole allotment at once. Each redemption involves a Cardano transaction, thus requiring claimants to cover the cost of the Cardano network transaction fee.
The Redemption period concludes with a 90-day grace period during which the NIGHT Claim Portal website will remain operational, allowing redemptions to continue beyond the thawing of the last tokens.
Learn more →Lost-and-Found provides a 4-year window following the main Redemption period for eligible participants who missed earlier claim windows to recover a portion of their allocation.
At the conclusion of the Lost-and-Found period, the NIGHT Claim Portal will sunset and any remaining unclaimed tokens will be handled according to the Midnight Network tokenomics specification.