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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
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Recent funding

  1. Initial Coin Offering

    Nov 2025

    $129M

  2. Equity

    Apr 2024

    $225M

  3. Seed

    Feb 2023

    $19M

Team

  • Keone Hon

    Co-Founder & CEO

    LinkedIn
  • Eunice Giarta

    Co-Founder, Chief Operating Officer, and Head of Business Development

    LinkedIn
  • James Hunsaker

    Co-Founder & Chief Technology Officer

    LinkedIn