TL;DR
- Idea: A high-performance EVM-compatible Layer 1 blockchain achieving 10,000 transactions per second through parallel execution and a custom BFT consensus protocol.
- Catalyst: Rapid ecosystem growth driven by accelerator programs, major DeFi integrations and native AI-infra tooling like x402 micropayments and predictive AI dApp integrations.
- Risks: Intense competition with established L1/L2 platforms, potential selling pressure from scheduled token unlocks, early stage adoption risk and evolving regulatory landscape.
- Score: 7.00/ 10
Coin
- Name/ Ticker: Monad (MON)
- Segment: Layer 1 blockchain
- Status: active
- Price: $0.023060
Key Metrics
- Market Cap: $249 771 515
- FDV: $2 306 168 618
- Circulating Supply: 10 830 583 396
- Total Supply: 100 000 000 000
Sources
Technology
- USP: Optimistic parallel execution combined with MonadBFT consensus and a custom on-disk database delivers unmatched throughput without sacrificing EVM compatibility.
- Core Technology: Monad employs a superscalar pipelining architecture: transactions are executed in parallel then validated in sequence, secured by a custom BFT consensus (MonadBFT) and stored efficiently in the MonadDB Patricia-Trie database.
Roadmap
- 2024-12-16: Foundation launched independent governance body
- 2025-09-15: Monad client open-sourced
- 2025-09-18: Monad Momentum incentives program announced
- 2025-10-14: MON token airdrop claim portal opens
- 2025-12-15: Perpetual Attention Markets live on Monad
- 2026-01-13: Allora predictive AI integration on mainnet
Team & Investors
Team
- Co-Founder & General Manager — Keone Hon: 14 years in high-frequency trading and blockchain research at Jump Trading and Jump Crypto
- Co-Founder & CEO — Christian Almenar: Seasoned security engineer and entrepreneur with enterprise-scale data infrastructure expertise
- Chief Architect & CTO — Matthew Jane: Veteran security operator specializing in high-throughput distributed systems
- Head of Growth — Darwin Salazar: Growth strategist with experience scaling developer ecosystems and accelerator programs
Investors
- Paradigm — Series A • 2024-04-09 • $225.00M
- Electric Capital — Series A • 2024-04-09
- Coinbase Ventures — Series A • 2024-04-09
- Dragonfly Capital — Seed • 2023-02-01
- Animoca Brands — Private Round • 2025-10-13
Total funding: $244.00M
Tokenomics
- Utility: Protocol fees, staking rewards and governance of network upgrades
- Vesting: Monthly vesting: 0.64% unlocked monthly until March 15, 2025 then 1.27% monthly until March 15, 2027
- Next Unlock: 2026-01-15 (1.17% of circulating)
Pros & Cons
Strengths
- Extremely high throughput (10,000 TPS)
- Near-zero gas fees
- Full EVM bytecode and RPC compatibility
- Innovative optimistic parallel execution
- Custom MonadBFT consensus for fast finality
- Efficient on-disk state storage with MonadDB
- Strong backing by top-tier funds
- Active developer and accelerator programs
Weaknesses
- Post-mainnet adoption risk and hangover effects
- Significant scheduled token unlock pressure
- Competition with established EVM L1/L2 ecosystems
- Relatively high FDV compared to market cap
- Regulatory uncertainty around crypto assets
- Early-stage liquidity constraints
Market Signals (7d)
- TVL trend: increasing
- CEX volume trend: increasing
- Active addresses trend: increasing
Price Scenarios (target: 2026-07-13)
- Bear: $0.011530 — Assumes a 50% decline from current price based on market downturn and reduced post-launch momentum
- Base: $0.023060 — Assumes price remains stable at current level reflecting steady adoption and fee revenue
- Bull: $0.046120 — Projects a 2× gain driven by major DeFi integrations and broader ecosystem growth
How to Buy & Store
CEX
- Binance
- Coinbase
- Kraken
- Bybit
- KuCoin
DEX
- Uniswap on Monad
- SushiSwap on Monad
- 0x Protocol
- Curve on Monad
- Balancer
Storage
- MetaMask
- Ledger
- Trezor
- Safe Multisig
- MetaMask Mobile
Verdict
Monad delivers a compelling technical proposition as a high-performance EVM-compatible L1 with strong backing and active ecosystem development, though adoption and tokenomic pressures present near-term risks. Overall, prospects are positive but execution and network effects will be key.
Official Links
Source: Coin Research (internal)
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