TheTechno Optimist.

Monad MainnetMonad Foundation / Category Labs—Monad token public sale raises $269M on Coinbase; mainnet launches November 24Monad MainnetMonad Foundation / Category Labs—Monad TVL crosses $1B with 701.7M+ transactions; native apps remain sparse but ecosystem growingMonad MainnetMonad Foundation / Category Labs—Monad mainnet reaches $410M TVL in DeFi within first month; Uniswap, Curve and Morpho deploy

Monad Foundation / Category Labs

Monad L1, parallel EVM, 10k TPS, MON token

USpublicest. 2022monad.xyz (opens monad.xyz)Checked 10 Oct

The brief

Analyst view
  • Raised $248M: $19M seed (Feb 2023), $225M Series A at $3B (Apr 2024), $269M token ICO (Nov 2025).
  • Mainnet live Nov 24, 2025. MON token from 85.8k participants, 1.43x oversubscribed.
  • Aug 2026: $1B+ TVL, 701.7M txns, with Uniswap, Curve, Morpho.

Technical approach

As reported
Parallel execution

Optimistic EVM parallelization

Monad runs independent txns in parallel. Assumes no conflicts; rolls back if they do. Yields 10k TPS with Solidity compatibility.

Finality

1-second finality and low latency

0.5s blocks with 1s finality. Speed matches trading systems, enables fluid on-chain DEX operations.

Compatibility

Full Solidity and EVM compatibility

Drop-in Ethereum replacement. Contracts, wallets, and tools work without change.

Primer