Monad (MON)
A high-performance Layer 1 blockchain targeting 10,000 TPS with full EVM compatibility , using parallel execution and consensus-execution separation to deliver Ethereum-equivalent functionality at scale.
- Ticker: MON
- Type: Layer 1 Blockchain (EVM-Compatible)
- Target: 10,000 TPS
- Funding: ~$244M total
What is Monad?
A fully EVM-compatible Layer 1 designed for 10,000 TPS with minimal fees , separating consensus from execution and using parallel transaction processing to maximise throughput without sacrificing compatibility.
Monad is a Layer 1 blockchain designed to process transactions at high throughput while maintaining security and decentralisation. The platform targets 10,000 transactions per second with minimal transaction fees. Its architecture employs parallel execution, processing multiple transactions simultaneously rather than sequentially, achieved by separating consensus from execution to allow validators additional time to process transactions without delaying block finalisation.
Monad maintains full compatibility with the Ethereum Virtual Machine (EVM), enabling applications developed for Ethereum to operate on Monad without code modifications. The platform can operate on standard consumer hardware rather than requiring specialised equipment. Monad has secured approximately $244 million in total funding, including a $225 million Series A round led by Paradigm at a $3 billion valuation.
Full EVM Compatibility
Monad is fully compatible with the Ethereum Virtual Machine, allowing existing Ethereum applications, tools, and libraries to operate without code changes , giving developers access to Monad's performance without rebuilding their stack.
10,000 TPS Target
The network targets 10,000 transactions per second with minimal fees, representing a significant throughput increase over existing EVM-compatible networks while retaining Ethereum-equivalent functionality.
Parallel Execution
Monad processes multiple transactions simultaneously rather than sequentially, using parallel execution to maximise throughput without requiring changes to the underlying EVM model or application-level smart contract logic.
Consensus-Execution Separation
By separating consensus from execution, Monad allows validators additional time to process transactions without delaying block finalisation , enabling higher throughput while maintaining consistent block production.
MonadDB
The platform uses a custom database called MonadDB, engineered to support the throughput requirements of parallel execution while maintaining transaction accuracy and state consistency across the network.
Consumer Hardware Compatible
Monad is designed to operate on standard consumer hardware rather than requiring specialised equipment, potentially lowering barriers to validator participation and supporting a more decentralised node network.
Funding & Ecosystem Development
Monad has secured significant institutional funding from leading crypto investors, signalling strong developer and institutional confidence in its high-performance EVM approach.
$244M Total Funding
Monad has raised approximately $244 million across multiple funding rounds, including a $19M seed round led by Dragonfly Capital and a $225M Series A led by Paradigm at a $3B valuation , backed by Electric Capital, Greenoaks, and Coinbase Ventures.
Developer Accessibility
Full EVM compatibility combined with support for standard Ethereum wallets such as MetaMask means developers and users can interact with Monad using familiar tooling, minimising the friction of building or migrating applications to the network.
High-Performance L1 Positioning
Monad positions itself as a high-performance alternative within the EVM-compatible Layer 1 landscape, aiming to capture developer and application demand that outgrows the capacity of existing lower-throughput EVM chains.
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