Monad is an Ethereum‑compatible Layer‑1 blockchain that delivers up to 10,000 transactions per second, sub‑second block times and deterministic finality in about 800 ms while keeping fees at a few pennies. It achieves this performance with its MonadBFT consensus, RaptorCast block propagation, parallel EVM execution pipelines, and the high‑throughput MonadDb storage engine, all running on commodity hardware to preserve decentralization. Developers can deploy existing Solidity contracts unchanged using familiar Ethereum RPC endpoints and wallet integrations, gaining the same tooling ecosystem with dramatically higher speed and lower cost.
Funding
$244M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+5Founders
Product
Problem
Ethereum’s current limitations—low transaction throughput, high gas fees, and slow finality—restrict the scalability of decentralized applications and increase costs for users and developers.
Solution
Monad is an Ethereum‑compatible Layer‑1 blockchain that delivers up to 10,000 transactions per second, sub‑second block times (≈400 ms) and deterministic finality in about 800 ms, while keeping fees at a few pennies. The platform achieves this performance through a suite of novel architectural components: MonadBFT consensus eliminates tail‑forking, RaptorCast streamlines block propagation, asynchronous and parallel execution pipelines allow transactions to be processed concurrently, and MonadDb provides a purpose‑built, async I/O‑optimized key‑value store for the Ethereum state. All of these improvements run on commodity hardware, preserving decentralization by supporting large validator sets with minimal hardware requirements. Developers can deploy existing Solidity contracts unchanged, using familiar Ethereum RPC endpoints and wallet integrations such as MetaMask, benefiting from the same tooling ecosystem but with dramatically higher speed and lower cost.
Target Audience
Primary users are dApp developers, DeFi protocols, NFT platforms, and other blockchain builders seeking high‑throughput, low‑cost execution, as well as validators and infrastructure providers interested in operating a decentralized, performance‑focused network.
Features
- MonadBFT consensus with tail‑fork resistance, enabling 10k+ TPS and fast finality
- RaptorCast block transmission for low‑latency propagation across a globally distributed validator set
- Asynchronous and parallel EVM execution pipelines with JIT compilation, allowing concurrent transaction processing
- MonadDb storage engine optimized for Merkle‑Patricia tries, async I/O (io_uring) and sequential SSD writes
- Full Ethereum RPC and wallet compatibility (MetaMask, Phantom) with identical transaction formats and opcode set
- Open‑source client implementation in C++ and Rust, runnable on commodity hardware with modest resource requirements