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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-03 10:27:45 UTC
Verified By
Rollup News
Monad is a high-performance, EVM-compatible Layer 1 blockchain capable of processing 10,000 TPS with 1s block times, backed by $244M in funding. It aims to solve the blockchain trilemma with consumer-grade nodes and has a vibrant, fast-growing ecosystem with various DeFi and other projects already building on its testnet.
High-performance EVM-compatible Layer 1
Consumer-grade nodes promoting decentralization
$244M in funding fueling development
Vibrant ecosystem with active testnet
Potential for use cases across gaming, social, and DeFi
Achieving true decentralization, security, and scalability
No official mainnet date yet, still in the "watch and test" phase
Competition in the crowded Layer 1 landscape