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Midnight Updates

Midnight Thaw

Details are out on the Midnight blog covering the redemption process for Midnight claims. The thaw starts on December 10th 2025 and will end November 29th 2026 with a final 90 day grace period, making the last date for claims February 27th 2027. From the blog:

How the schedule works

Each allocation unlocks in four equal instalments (25% each).

  • Randomised start date: Every Destination address is assigned a random first day between December 10, 2025, and early March 2026 (the first 90-day window).
  • Quarterly unlocks: After the specific start date is assigned, the remaining three installments unlock every 90 days.
  • Thawing countdown: There will be a countdown in the Redemption portal showing how many days you have left until your next claim

Examples of thawing schedules:

  • If you get a Day-1 schedule: You unlock 25% on Day 1, then again on Days 91, 181, and 271.
  • If you get a Day-90 schedule: You unlock 25% on Day 90, then again on Days 180, 270, and 360.

You can find a link to the redemption portal at the same address used for claims and you can already check when your claims will thaw. The blue redeem button is in the top right of the page (yes, we initially missed it as well). We will share feedback on the claims process when we have tested.

Already there are a lot of exchanges that have announced they will be listing Midnight which is good news for Cardano Native Assets more generally as the infrastructure will be in place. Binance Alpha will be the first it seems on the 9th December…

You can get details on all exchange listings and news at the CoinMarketCap Midnight page.

Plus news just in that Minswap, Cardano’s biggest DEX, has listed the official $NIGHT token, be careful to check for the verified logo, there are a lot of fake tokens out there.