Monad protocol
Overview
Monad is a high-performance layer-1 blockchain protocol designed to achieve high throughput while maintaining compatibility with the Ethereum Virtual Machine (EVM). It employs parallel execution and the MonadBFT consensus mechanism to process transactions efficiently. Monad is developed by Monad Labs, which raised over $225M led by Paradigm. Monad's public mainnet launched on November 24, 2025, with the native MON token (100 billion initial supply) used for gas, staking and governance.
Within the DeFi Intel graph, Monad connects to 7 tracked entities, most strongly to Paradigm Fund III, Coinbase Ventures, Jump Crypto.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 7 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | Paradigm Fund III | 95% |
backed_by | Coinbase Ventures | 90% |
backed_by | Jump Crypto | 85% |
backed_by | Matt Huang | 85% |
backed_by | Electric Capital | 85% |
backed_by | Greenoaks Capital | 85% |
competes_with | Hyperliquid | 50% |
Frequently asked questions
What is Monad?
Monad is a layer-1 blockchain that uses parallel execution and a novel consensus algorithm to offer high transaction throughput while being fully compatible with existing Ethereum applications and tooling.
How does Monad achieve high performance?
Monad uses parallel execution of transactions, a deferred execution approach, and a custom consensus mechanism (MonadBFT) to achieve high throughput without sacrificing EVM compatibility.
Is Monad compatible with Ethereum?
Yes, Monad is fully EVM-compatible, meaning developers can deploy existing Solidity smart contracts and use Ethereum tooling (e.g., MetaMask, Hardhat) without modification.
What is Monad connected to?
In the DeFi Intel knowledge graph, Monad is linked to 7 other tracked entities, most strongly to Paradigm Fund III, Coinbase Ventures, Jump Crypto.
Sources
Live news feed, full graph, and search.