Monad

About Monad

Monad (MON) is a high-performance Layer 1 blockchain designed to scale decentralized applications without sacrificing security or decentralization. It achieves 10,000 transactions per second through parallel execution, processing multiple transactions simultaneously rather than sequentially. Monad also separates consensus from execution and uses a custom database called MonadDB to maximize throughput. Fully EVM-compatible, it supports existing Ethereum tools, wallets, and smart contracts without modification. Backed by Paradigm and Dragonfly Capital with over 240 million dollars in funding, Monad targets developers building complex, high-frequency applications who need Ethereum compatibility with significantly greater speed and lower fees.