Monad is an innovative EVM-compatible L1 blockchain network with over 10,000 TPS throughput capacity. It offers significantly higher transaction speed and lower fee costs while being seamlessly integratable for Ethereum dApp developers and EVM wallet users. It achieves this by implementing major changes in transaction validation and execution, such as parallel transaction processing, a BFT consensus model, deferred from consensus transaction execution, and an improved database structure.
Since its inception in 2021, the Monad Labs crypto startup has managed to raise an impressive $244M from Paradigm, Dragonfly Capital, Shima Capital, and other prominent funds. On November 17, the platform launched a $MON ICO on Coinbase with the aim to raise $187.5M at a $2.5B FDV.
Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
| Exchange | Pair | Price | Volume (24H) | Trust Score |
|---|---|---|---|---|
USDT 0.0208 $0.0208 | 2.64M | |||
USDT 0.0208 $0.0208 | 7.99M | |||
USDT 0.0208 $0.0208 | 2.08M | |||
USDT 0.0208 $0.0207 | 182.86K | |||
USDT 0.0208 $0.0208 | 201.78K | |||
USDT 0.0208 $0.0208 | 76.67K | |||
USDT 0.0206 $0.0206 | 6.24M | |||
USDT 0.0587 $0.0587 | 99 | |||
USD 0.0207 $0.0207 | 2.19M |
What is the Monad crypto project?
Monad is an EVM-compatible L1 blockchain that offers users and developers new horizons of possibilities with its high-performance transaction processing.
According to its docs, it is able to reach a throughput of over 10,000 TPS (transactions per second) by implementing four main improvements that couldn't be implemented on Ethereum:
At the same time, the Monad chain network remains completely EVM and Ethereum RPC compatible. This means that Ethereum developers are able to integrate Monad network without any major changes to their code, while EVM-network users can trade on the chain using any EVM-compatible wallets like MetaMask or Trust Wallet with the same wallet address.
🪙 Monad token: According to the Monad blog post, the native token $MON will be used for transaction fees and for staking.
In January 2025, Monad launched its testnet, allowing users to begin interacting with projects across its ecosystem. You can follow our ultimate guide to get started and make the most of your testnet experience.
Later, on November 17, 2025, the project launched a $MON ICO on the Coinbase exchange, with the aim to raise $187,5M at a $2.5B FDV.
Considering the growing interest in the Monad network among the crypto community, the CoinLaunch team has decided to conduct comprehensive research on the Monad crypto project. Here are the major pros and cons we have managed to find:
✅ Monad pros:
❌ Monad cons:
Monad is a high-performance, EVM-compatible Layer 1 blockchain with 10,000+ TPS, offering faster transactions and lower fees. It supports Ethereum dApps and wallets, using innovations like parallel execution, BFT consensus, and an optimized database for improved efficiency.
In January 2025, Monad launched its testnet, where you can start interacting with projects from the Monad ecosystem. Hence, the CoinLaunch team prepared for you an ultimate guide on how to join the Monad testnet and potentially qualify for the Monad airdrop.
<a href="https://coinlaunch.space/projects/monad/" title="Monad (MON)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/monad.png" width="224" alt="Monad (MON)"></a>