Kodiak's launchpad on Gate has concluded, $150M in subscriptions reported, 150x oversubbed. Live trading is expected to start December 23rd.

Gate said its fifth Launchpad sale for Kodiak (KDK) has ended, and reported about $150 million in subscriptions, implying the offering was roughly 150x oversubscribed relative to the 3,000,000 KDK allocation. Gate’s earlier launchpad materials said the sale used a fixed price of 0.35 USDT or GUSD per KDK, supported USDT and GUSD subscriptions, and planned for 100% token unlock with spot trading expected to begin on December 23, 2025. Kodiak is described by Gate and Kodiak as a decentralized liquidity platform incubated through Berachain’s “Build a Bera” accelerator, and Gate framed the sale as its fifth launchpad token event. The reported oversubscription matters because it signals strong demand for the token sale and sets the stage for the token’s initial market debut, but the live-trading launch date and exact exchange-listing mechanics were determined by Gate rather than by the broader market.

✨ AI-generated background, compiled from web sources — not editorial content.

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