Currencies29192
Market Cap$ 2.46T-2.24%
24h Spot Volume$ 56.79B+28.2%
DominanceBTC52.10%+0.09%ETH17.28%+3.24%
ETH Gas11 Gwei
Cryptorank
Open report modalReport issue
Monad

Monad  

2702 Watchlists

Chain

Status

General Info

Funds and Backers

Description

Monad is Layer1 EVM-compatible blockchain with parallel execution.

Airdrop is Live

Status:

Potential

Potential

Task Type:

Staking

View Activity

What is Monad?

Monad is a high-performance Ethereum-compatible L1. Monad materially advances the efficient frontier in the tradeoff between decentralization and scalability.

Monad introduces optimizations in four major areas, resulting in a blockchain with throughput of 10,000 transactions per second (tps):

  • MonadBFT

  • Deferred Execution

  • Parallel Execution

  • MonadDb

Monad's improvements address existing bottlenecks while preserving seamless compatibility for application developers (full EVM bytecode compatibility) and users (Ethereum RPC API compatibility). As a result, the rich landscape of Ethereum tooling and applied cryptography research can plug seamlessly into Monad while benefiting from improved throughput and scale:

  • applications (any dapp built for Ethereum)

  • developer tooling (e.g. Hardhat, Apeworx, Foundry)

  • wallets (e.g. MetaMask)

  • analytics/indexing (e.g. Etherscan, Dune)

The Monad client is built with a focus on performance and is written from scratch in C++ and Rust. The subsequent pages survey the major changes in Monad as well as the interface for users.

Trending Coins and Tokens Flame icon