4th Generation Blockchain Midnight Launches Token on Cardano
12/9/2025
The launch of NIGHT marks a defining moment for Cardano as the governance and utility foundation of the world’s first fourth generational blockchain prepares to enter the broader market through upcoming centralized exchange listings. Its arrival reflects the maturation of a network that is transitioning from research driven development into an era shaped by community directed coordination and protocol level participation. NIGHT is positioned to serve as both the mechanism that anchors decision making and the asset that unlocks operational functions across this new execution environment, creating a direct link between user involvement and system evolution. This article will delve into NIGHT token, its CEX and DEX launches, how it could benefit Cardano, and more.
CEX Launches
Midnight is launching on multiple centralized exchanges (CEXs) right out of the box with OKX, Kucoin, Bitrue, HTX, Kraken, Bybit, Gate, Binance Alpha, Bitpanda, and MEXC. Many of these exchanges are not only supporting deposits, withdrawals, and trading for NIGHT, but also participating in the Glacier Airdrop which will see qualifying users of CEXs receiving a NIGHT allocation in proportion to the ADA, BTC, XRP, AVAX, SOL, or BNB they hold. This marks the first time a Cardano Native Token (CNT) will be supported by this many cryptocurrency exchanges on launch. Deposits are live for many exchanges, so users can deposit their thawed NIGHT and participate in trading and trading competitions, and other launch campaigns that featured prize pools to celebrate the launch of $NIGHT.
DEX Launches
NIGHT trading went live on multiple decentralized exchanges (DEXs) such as Minswap, SundaeSwap, and Splash on the Cardano Blockchain on December 9th and is currently leading all Cardano Native Tokens (CNTs) in 24h trading volume on DEXs. At the time of writing the token is trading for 0.09098 ADA per NIGHT. Currently the token has limited liquidity on Cardano DEXs, however Charles Hoskinson has implied liquidity will be added within 24 hours.
NIGHT is currently the number one trending token on TapTools in the last twenty four hours and has already surpassed three million ADA in trading volume. It is also leading in makers and transactions, recording close to ten times more transactions than any other tokens as participation rises. The scale of this activity reflects the immense level of interest building across the market over the last several days. The momentum follows the anticipation surrounding Midnight’s launch of its utility and governance token and demonstrates how quickly engagement has concentrated around NIGHT ahead of its launch.
How Night Will Benefit Cardano
The launch of NIGHT, the governance and utility token of the Midnight blockchain, will bring several meaningful benefits to the Cardano ecosystem. The Night launch is a long anticipated milestone and marks the completion of the first stage of the Midnight Roadmap. The arrival of a token from Cardano’s first partner chain could introduce more liquidity, trading volume, and renewed attention across the ecosystem, while also laying the foundation for broader integrations, and drawing more eyes to Cardano as interest in privacy grows across web3 and legacy systems. The momentum created by this launch has the potential to bring additional traders, investors, and institutions into the ecosystem as privacy becomes a central focus for both decentralized and traditional environments.
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Crucial integrations such as Fireblocks, Copper, and listings on major Tier One and Tier Two cryptocurrency exchanges could lead these platforms to add Cardano Native Token support, which in turn paves the way for other tokens in the ecosystem to be listed more widely. This development aids one of the most persistent challenges facing Cardano DeFi, aside from liquidity and volume, as many exchanges lack support for Cardano based tokens.
More About NIGHT
NIGHT is the utility and governance token of the Midnight Network, a 4th generation blockchain with a focus on privacy and optional disclosure through zero knowledge technology. NIGHT will be used for governance, blockchain rewards, and ecosystem incentives. One unit of NIGHT is further divided into one million subunits called STARs.
Learn more about NIGHT here.
Conclusion
The launch of NIGHT marks the next stage in Cardano’s evolution as Midnight introduces privacy infrastructure built around selective disclosure and rational privacy. This moment has been long anticipated across the ecosystem as Cardano’s first partner chain gets closer to going live and moves from development toward full deployment. The excitement surrounding NIGHT reflects the broader expectation that Midnight will expand Cardano’s capabilities and draw greater attention to its DeFi ecosystem.
This article is strictly for informational purposes and is not financial advice. All numbers, prices, information, and statistics presented are provided to the best of our ability, but errors may occur. Token information was intended to be accurate at the time of writing, and readers should always verify independently. Trading for NIGHT is available on the TapTools Swap page.
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