by Jump Trading
Quick Fact
Monad’s devnet has reached 10,000+ TPS, sub-second finality, and near-zero gas fees—while preserving full Ethereum compatibility. Its upcoming mainnet launch has already attracted over 100 ecosystem partners.
Most Layer 1s aim to solve the blockchain trilemma by sacrificing decentralization or compatibility. Monad doesn’t settle. It delivers full EVM equivalence, without rollups or new languages, while achieving centralized-exchange-level speed and efficiency.
Its approach centers on parallelizing execution—something Ethereum and other L1s struggle with. Monad treats transactions as independent workloads, executing them simultaneously where possible, then ordering results deterministically. This unlocks serious scalability while preserving the EVM's developer and user tooling.
Monad is composed of three tightly engineered systems:
A custom Byzantine Fault Tolerant consensus protocol derived from HotStuff. It introduces pipelining, meaning new blocks can be proposed and verified continuously—leading to single-slot finality and throughput exceeding 10,000 TPS.
Unlike Ethereum, which executes transactions one-by-one, Monad's virtual machine can process transactions simultaneously as long as their state access doesn’t conflict. This reduces latency and boosts block efficiency dramatically.
A high-speed, low-memory custom database optimized for validator performance. MonadDB allows state access with minimal overhead, making it possible for validator nodes to run on standard hardware without massive RAM or disk costs.
All of this operates under full EVM equivalence—bytecode compatibility, Solidity contracts, MetaMask support, and Ethereum RPCs are fully functional with zero code changes.
Monad's testnet has rapidly become a hotspot for performance-centric apps:
Over one million unique wallet addresses and tens of millions of transactions in under six months.
Projects range from DeFi protocols and oracles to games and low-latency trading apps.
The chain is attracting toolchains, bridges, and infra teams who want to build with familiar tech but avoid L2 fragmentation or slow L1 bottlenecks.
Major developers from Ethereum, Solana, and Cosmos ecosystems are experimenting with Monad's devnet to port apps at near-zero gas cost.
The developer feedback is consistent: it feels like Ethereum, but it moves like Solana.