AIrdrop Agent

Noble

Infra · Cosmos

Cosmos stablecoin infrastructure chain, migrating to a standalone EVM L1

Participation

Not currently open

Token

Not announced

Potential
Total funding

$18M

Major VCs
Polychain CapitalParadigmWintermuteBorderless Capital
Last verified

2026-08-03

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

—

Check the official website and X account for currently available actions.

Check the official site

Funding & investors

Round
Seed
Lead
Polychain Capital
Investors
Polychain Capital · Borderless Capital · Circle Ventures · Wintermute
Round
Series A
Lead
Paradigm
Investors
Paradigm

Overview

Noble is a Cosmos SDK, IBC-enabled chain built to issue stablecoins and RWAs like USDC and USDN. It has raised a total of $18.3M, including a $15M Series A led by Paradigm. The $NOBLE token has already launched, but the Points program ended on April 15, 2026, and USDN entered maintenance mode on July 7, 2026.

Analysis

  • Noble has raised a total of $18.3M, including a $15M Series A led by Paradigm.
  • DefiLlama shows Noble chain's TVL at roughly $131.4M.
  • CoinGecko lists USDC.N with a market cap of $116.7M and FDV of $116.8M.
  • It is unclear whether this figure actually represents the $NOBLE token itself.
  • The $NOBLE token has launched and airdrop claims were processed.
  • Details on distribution size and eligibility are not confirmed.
  • The Points program (Seasons 1-2) fully ended on April 15, 2026.
  • USDN entered maintenance mode on July 7, 2026, and its swap pool will close soon.
  • There is currently no active program to join.
  • No audit information or detailed tokenomics could be confirmed.

Token & distribution status

Token
Not announced
Ticker
Not announced
TGE
Not announced
Allocation
Published

Allocation

  • The Points program launched alongside the USDN launch (blog: "How The Noble Points Program Works").
  • Due to strong uptake, the Points program was extended by one month (blog: "Extending the Noble Points Program").
  • Season 2 details were announced next (blog: "Noble USDN Points: What's Next?").
  • Season 1 participants who kept their balance in the Season 2 Points Vault through March 18, 2026 received a 2x multiplier on Season 2 points.
  • On April 15, 2026, the Points program was fully wound down; USDN in the vault was automatically returned to wallets and claims updated automatically.
  • Separately, $NOBLE token airdrop claims were opened (blog: "NOBLE Token Airdrop: How to Start Your Claims Process"), but total distribution, eligibility and deadlines are not confirmed.
  • Distributed amount, percentage of supply, and snapshot dates were not disclosed in available sources.

Security & risks

Key risks

  • USDN entered maintenance mode on July 7, 2026, and its swap pool will close soon.
  • The Uniswap wM-USDC pool has only about $9M in liquidity, so larger conversions may see slippage.
  • The Points program has fully ended, with no confirmed future distributions.
  • Noble plans to migrate from its Cosmos chain to a standalone EVM L1, and the migration process and impact are unconfirmed.
  • No audit firm names or dates could be confirmed.
  • Total token supply, allocation, and unlock schedule remain undisclosed.

What's next

  • Noble plans to migrate from its Cosmos SDK chain to a standalone EVM Layer 1 (blog: "A New Noble World").
  • Fairblock is set to bring confidential payment features to Noble's EVM AppLayer.
  • Noble announced a stablecoin-centric loyalty product for retailers (blog: "Stablecoin-Centric Loyalty For Retailers").
Visit the official site

Similar projects