Monad Ecosystem

Monad is a Layer 1 blockchain delivering 10,000 transactions per second, 1-second block times, single-slot finality, with minimal hardware requirements.

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Beluga Score

77

What’s the pitch?

Monad's Story

Monad is designed to address Ethereum's scalability and efficiency challenges, boasting a high throughput of 10,000 transactions per second (TPS) compared to Ethereum's 15 TPS. Monad's parallel execution model enables transactions to be processed simultaneously, setting it apart from Ethereum's linear approach.


With backing from major investors like Paradigm, Monad's $225 million funding round highlights the excitement around its potential to reshape DeFi and supercharge consumer-based crypto applications.​ Currently in its "devnet" phase, the network continues to undergo testing before its mainnet launch, which is slated for later this year.

Hot Topic

Why Venture Capital Is Betting Big on Monad

By Pratik Bhuyan

Venture capital interest in Monad has been heating up, with the blockchain raising an impressive $225 million in its latest…

Read Article

Hot Topic

Why Venture Capital Is Betting Big on Monad

By Pratik Bhuyan

Venture capital interest in Monad has been heating up, with the blockchain raising an impressive $225 million in its latest…

Read Article

Live feed

Monad's Twitter Feed

Stay updated on Monad’s latest developments and insights by following their X feed for real-time updates.

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Beluga Score

Beluga Score

77 Points

77 Points

NAME

Mission

Mission

Funding

Funding

Management

Management

Ecosystem

Engagement or Community

Engagement or Community

Tokenomics

Tokenomics

Technology

Technology

Top Exchange Listings

Top Exchange Listings

TAM

TAM

Beluga Sonar

Beluga Sonar

ACTION

6 pts

6 pts

10 pts

10 pts

8 pts

8 pts

9 pts

9 pts

6 pts

6 pts

7 pts

7 pts

8 pts

8 pts

10 pts

10 pts

7 pts

7 pts

6 pts

6 pts

Beluga’s Take

Monad has been pretty vocal about its fast speeds & exceptional scalability, and it appears that top venture capitalists have taken notice. This is evident from the impressive $225 million in funding it has secured. This backing underscores the confidence in Monad’s future and highlights the strength of its team, which brings extensive experience in both Web2 and Web3 environments.


While confidence among investors is high, Monad has not even released a testnet yet. Rumors are circulating that it’s been delayed quite a bit from the original expected release of Q4 2024, and given we still have not seen anything outside of their marketing tactics, this seems true.


Although Monad's tokenomics details are not yet revealed, strong community support hints that major exchanges will likely pay attention as the project progresses. If Monad can create the right tokenomics and plan a well-executed launch, we could be looking at a highly successful debut that aligns with the excitement it's already generating.

Can Monad Outshine Aptos & Solana? Find out how it compares!

Monad empowers developers, users, and researchers by giving them access to the extensive infrastructure already established for the Ethereum Virtual Machine (EVM)...

Read the Article

Q4 2024

Token Release date

While the exact launch date has not been announced, Monad is actively developing its testnet to ensure a smooth rollout. The team is aiming Q4 of 2024 for both the mainnet and token launch.

Tokenomics

Tokenomics

Monad’s Tokenomics

Monad’s Tokenomics

Monad's tokenomics remain under wraps, but the token will likely play a critical role in network security, governance and user rewards. Powered by its innovative optimistic parallel execution model, Monad will utilize a Proof-of-Stake (PoS) consensus mechanism.

Monad's tokenomics remain under wraps, but the token will likely play a critical role in network security, governance and user rewards. Powered by its innovative optimistic parallel execution model, Monad will utilize a Proof-of-Stake (PoS) consensus mechanism.

Read Whitepaper

Validators

60%

Scale

15%

Team

15%

Foundation

5%

Airdrops

5%

Coming soon

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Q4 2024

Token Release date

While the exact launch date has not been announced, Monad is actively developing its testnet to ensure a smooth rollout. The team is aiming Q4 of 2024 for both the mainnet and token launch.

Monad Ecosystem

Monad is a Layer 1 blockchain delivering 10,000 transactions per second, 1-second block times, single-slot finality, with minimal hardware requirements.

Explore Ecosystem

Beluga Score

77

Monad Ecosystem

Monad Ecosystem

Monad is a Layer 1 blockchain delivering 10,000 transactions per second, 1-second block times, single-slot finality, with minimal hardware requirements.

Explore Ecosystem

Beluga Score

77

Beluga rating

77