Monad TVL crosses $1B with 701.7M+ transactions; native apps remain sparse but ecosystem growing

Monad Foundation / Category Labs/Monad Mainnet

Monad achieved $1.02B+ in TVL and processed over 701.7M transactions as of August 31, 2026. However, about 90% of TVL remains concentrated in multi-chain protocols (Uniswap, Curve, Morpho) rather than native applications, indicating a need to attract chain-specific innovations.