Monad
50 W 23rd St, New York, NY, 10010, United States
Overview
Monad is building a next-generation Layer-1 blockchain that combines Ethereum Virtual Machine compatibility with a proprietary parallel execution engine to reach roughly 10,000 transactions per second and near-instant block finality. Its architecture features MonadBFT, an optimized Proof-of-Stake consensus, and MonadDB, a custom state database that lowers node hardware requirements while supporting parallel processing. The MON token underpins the network, serving as gas, staking collateral and governance currency; the initial supply is 100 billion tokens, 7.5 billion of which are being sold in the public presale at $0.025 each. Monad places heavy emphasis on developer experience through accelerator programs like Monad Madness, physical hubs such as The Studio and The Founder Lounge, and community incentives that have already airdropped tokens to more than 230,000 participants. Ecosystem partners—including Avail, Biconomy, Chainlink, Magic Eden and Trader Joe—have announced launch-day integrations to enable bridging, gasless transactions and oracle services. On testnet, Monad has processed over 15 million daily transactions, demonstrating the network’s throughput ahead of its scheduled mainnet launch on 24 November 2025. The project ultimately aims to support high-frequency trading, consumer applications and DeFi at global scale.
- Total raised
- $373M
- Funding rounds
- 4
- Latest round
- Initial Coin Offering
- Latest activity
- Nov 2025
Industries
- Blockchain
- Ethereum
- Smart Contracts
Recent funding
Initial Coin Offering
Nov 2025
$129M
Equity
Apr 2024
$225M
Seed
Feb 2023
$19M