TL;DR
- Idea: A high-performance EVM-compatible Layer 1 blockchain leveraging optimistic parallel execution and MonadBFT consensus to achieve 10,000 TPS with sub-second finality and near-zero fees.
- Catalyst: Recent CoinGecko trending search momentum, Chainlink CCIP integration, and strong community growth ahead of ecosystem expansion.
- Risks: High competition from other L1 chains and L2 solutions, partially undisclosed tokenomics and unlock schedule, and volatile market conditions.
- Score: 7.00/ 10
Coin
- Name/ Ticker: Monad (MON)
- Segment: Layer 1 (L1)
- Status: live
- Price: $0.019850
Key Metrics
- Market Cap: $215 205 381
- FDV: $1 987 015 596
- Circulating Supply: 10 830 583 396
- Total Supply: 100 000 000 000
Sources
Technology
- USP: Optimistic parallel execution enabling simultaneous processing of non-conflicting transactions at 10,000 TPS while maintaining full EVM compatibility.
- Core Technology: MonadBFT consensus, RaptorCast block transmission, asynchronous execution pipelining, JIT-compiled parallel execution, and MonadDb for efficient state storage.
Roadmap
- 2022-02-01: Foundation of Monad Labs
- 2023-02-14: $19M Seed Round Completed
- 2023-09-01: Monad Architecture Documentation Release
- 2024-04-09: $225M Series A Funding
- 2025-02-19: Public Testnet Launch
- 2025-10-14: Airdrop Claim Portal Opens
- 2025-11-24: Mainnet Launch and Token Generation Event
- 2025-12-10: Chainlink CCIP Integration Goes Live
- 2025-12-11: a16z APAC Expansion with Former Monad APAC Lead
Team & Investors
Team
- Chief Executive Officer — Keone Hon: 8 years at Jump Trading, MIT graduate
- Co-founder & CTO — James Hunsaker: Blockchain infrastructure expert, former Jump Trading engineer
- Co-founder & COO — Eunice Giarta: Product leadership at Shutterstock, former BofA Merrill Lynch trader
Investors
- Dragonfly Capital — Seed • 2023-02-14 • $19.00M
- Paradigm — Series A • 2024-04-09 • $225.00M
- Placeholder
- Lemniscap
- Shima Capital
- Finality Capital Partners
- Naval Ravikant
Total funding: $244.00M
Tokenomics
- Utility: Network gas token used for transaction fees, staking, and governance.
- Vesting: Team tokens locked with a 1-year cliff and linear vesting thereafter.
- Next Unlock: 2026-11-24
Pros & Cons
Strengths
- High throughput with 10,000 TPS capacity
- Full EVM compatibility enabling easy migration
- Near-zero gas fees removing cost barriers
- Strong institutional backing with $244M raised
- Optimistic parallel execution for scalability
- Low hardware requirements promoting decentralization
- Active developer community and ecosystem growth
Weaknesses
- High FDV relative to current market cap
- Tokenomics and unlock schedule partially undisclosed
- Stiff competition from established L1 and L2 solutions
- Potential security risks from new technology
- Early centralization risk among initial validators
- Reliance on EVM may inherit Ethereum limitations
- Market volatility could impact price stability
Market Signals (7d)
- TVL trend: -12.89%
- Active addresses trend: +2.13%
Price Scenarios (target: 2026-06-16)
- Bear: $0.009900 — Assumes a 50% decline from current price due to market downturn
- Base: $0.019850 — Assumes price remains stable at current level
- Bull: $0.059550 — Assumes a 200% rally driven by broad adoption and ecosystem expansion
How to Buy & Store
CEX
- Kraken
- Binance
- Coinbase
- KuCoin
- Gate.io
DEX
- Uniswap V4 (app.uniswap.org)
- SushiSwap (app.sushi.com)
- Curve Finance (curve.fi)
- Balancer (app.balancer.fi)
- Kuru Finance (dex.kuru.finance)
Storage
- MetaMask
- Coinbase Wallet
- Phantom
- Backpack Wallet
- Ledger
Verdict
Monad presents a compelling high-performance L1 solution with strong institutional support and innovative technology. However, competition and tokenomics transparency risks suggest maintaining a cautious, diversified position.
Official Links
Source: Coin Research (internal)
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