monadlabs

After last week's sharp decline, the crypto market is gradually showing signs of recovery and adjustment.
Entering a new week, Monad Mainnet launched, has naturally become the focus of attention.
As a star project with cumulative funding of over $430 million, Monad has not only set a new fundraising record in the L1 track, but is also the first public sale project since Coinbase launched its Token Sales platform.
At a time when the market generally lacks new narratives and old projects are struggling to rotate, how $MON will perform after Monad's mainnet launch and which ecosystem projects can be participated in immediately are all fresh air in an otherwise stagnant market.
Whether participating in the early ecosystem or observing the price discovery process of the MON token, these may be trading opportunities worth paying attention to in the near future.
We have compiled various types of information currently available in the market, including fundraising background, token allocation, ecosystem projects, etc., to help you quickly understand the latest developments of Monad.
Fundraising Review: The Mark of the VC Era
From May 2022 to November 2025, Monad's fundraising journey spans a full three and a half years, coinciding with the crypto market's complete cycle from bear market bottom to bull market peak and then to a sharp downturn.
This time span itself is quite interesting.
The Pre-Seed round in May 2022 happened during the market turmoil triggered by the Luna crash; in April 2024, Paradigm led a $225 million Series A round, setting the largest crypto fundraising of the year.

Data source: RootData + Surf.AI. Total fundraising: $431.5 million.
Of which private sale: ~$244 million; public sale: $187.5 million (actual raised: $269 million)
It was during this cycle that the market gradually began to question "high FDV, low circulation" projects. Some high-valuation projects have recently been mocked by the community as "clock-out chains," as neither their operational moves nor the actual usage of their public chains are considered satisfactory.
However, Monad, with its outstanding "hustle" ability, has managed to stir up waves from the very beginning, from community building, project and founder support, to the Monad Card event before launch. Recently, it even had a dream collaboration with Solana, always able to create small climaxes.
Having received massive support from top institutions, Monad now faces a shift in market sentiment. Is Monad the lost gem of the VC era, or the last glory that can prove the value of institutions? The answer may be revealed tonight.
However, we can also find some clues from the recent public sale information.
The recently concluded Coinbase public sale ultimately raised $269 million, oversubscribed by 144%. According to the "bottom fill" rule, users who maxed out at $100,000 actually received about $57,000 worth of allocation.

Pre-market $3 billion FDV: Expensive or Not?
When it comes to the valuation of the MON token, what’s more interesting is the market’s expectation.
Prediction platform data shows that the probability of $MON's FDV exceeding $3 billion on the day after launch is over 50%, which is slightly higher than the $2.5 billion FDV in the public sale.
If calculated at the current pre-market price of $0.032, $MON's FDV is about $3.2 billion; this happens to fall within the mainstream valuation range predicted. The market is expressing a subtle attitude with real money: recognizing the project, but remaining cautious about excessive valuations.
In terms of tokenomics, $MON has a total supply of 100 billion, with an initial circulation of 10.8 billion, accounting for 10.8%. This includes 7.5% from the public sale round and 3.3% from the previously promised airdrop.
The portions for the team and initial investors are subject to a vesting mechanism and are not yet in circulation.
It is worth noting that the biggest variable in the current tokenomics is the 38.5 billion tokens allocated for ecosystem development, accounting for 38.5% of the total supply, and these are already unlocked.
These 38.5 billion ecosystem tokens, on the positive side, mean sufficient ecosystem incentives to quickly attract developers and users, as seen previously with Optimism and Arbitrum, both of which achieved rapid TVL growth through large-scale ecosystem incentives.
On the negative side, if not used properly, this could become a huge potential selling pressure. The key lies in how the foundation uses this "ammunition": whether it is used to precisely incentivize core projects or just distributed indiscriminately, which will determine whether Monad can truly build an ecosystem moat and will also affect market confidence in the $MON token.
Compared to other L1 projects, Monad's valuation is in a subtle position.
Looking at the relationship between fundraising amount and valuation, each project varies greatly. Monad's $431 million fundraising corresponds to an estimated $3 billion FDV, a multiple of about 8x. Interestingly, Aptos has a similar ratio ($350 million fundraising to $2.8 billion FDV), but Sui is on a completely different scale, supporting a $14.1 billion FDV with $400 million in fundraising, a 35x multiple.
The valuation given by the market depends more on the strength of the narrative, ecosystem development, and market timing, rather than a simple fundraising multiple.
Monad's current 8x valuation multiple is relatively conservative, lacking the high premium seen with Sui at the time, and also indicates that the market is waiting for mainnet performance to decide whether to grant a higher valuation.
When Solana Endorses Monad
There is a lot of overt and covert competition in the crypto world, but you rarely see scenes like this:
The official Solana account changed its avatar to Monad's purple logo and tweeted "MON mode activated."
For a moment, you might not even know if it's Solana or Molana.
Even more surprising, Solana officially announced that MON will be listed on the Solana chain on the same day as the mainnet launch, enabling direct trading without complex cross-chain operations via Wormhole Labs' Sunrise DeFi.
According to their statement:
"MON will be compatible with most Solana DeFi venues and trading platforms, including perpetual contracts and the upcoming lending functionality."
On the surface, Solana and Monad are both high-performance L1s and should be competitors. But on closer inspection, they actually occupy different ecological niches:
Solana has already established its own non-EVM ecosystem, while Monad focuses on EVM compatibility. Rather than competition, it's more like each occupying a different track in the high-performance public chain space.
This move by Solana essentially showcases the openness and liquidity advantages of its ecosystem. Through native cross-chain solutions like Sunrise DeFi, Solana is positioning itself as the trading hub for all assets, not just a closed loop within the SOL ecosystem. In their own words, listing tokens is no longer the exclusive privilege of centralized exchanges.
In my opinion, this kind of competitive cooperation is also a reflection of new trends in the crypto market.
In a reality where liquidity is fragmented, users are tired of cross-chain operations, and there are few good asset opportunities, whoever can provide the best trading experience and liquidity will attract users.
Solana's embrace of MON is partly a show of confidence in its own DeFi infrastructure and partly an attempt to capture more traffic in the token listing process; for MON holders, this means that in addition to traditional CEXs, there is now another on-chain trading venue with ample liquidity.
Solana's DeFi ecosystem is second only to Ethereum in maturity, with daily trading volumes consistently in the billions of dollars. MON's ability to access this ecosystem on day one will undoubtedly provide additional support for its price discovery and liquidity.
Opportunities Available on Day 1
Monad's mainnet launch is not a parachute drop; there are already over 300 projects in the ecosystem, 78 of which are unique to Monad.
For users who received the MON airdrop or want to participate early, here are some main directions:
DeFi: Trading and Yield Opportunities
Perpetual contract exchanges are ready. Perpl and Drake will both launch on day one, with the former having received $9.25 million in funding from DragonFly and the latter focusing on a CLOB+AMM hybrid model. For the best execution price, keep an eye on aggregators Monorail and Mace.
Lending markets offer a variety of choices. Modus introduces a sealed-bid liquidation mechanism to prevent MEV arbitrage; Curvance offers 97% LTV; Townsquare focuses on cross-chain lending. Each protocol has its own features and incentive plans.
Staking yields can be obtained through Fastlane's shMON, Monad's liquid staking token, allowing you to maintain liquidity while earning staking rewards.
Due to space limitations, we are only listing a few here. For a complete list of projects, refer to:
"Monad Ecosystem Guide: Everything You Can Do After Mainnet Launch"
In addition, the official team has also released a Day 1 Consumer App Guide, and these applications will be available on the first day of mainnet:
Gaming:
Lumiterra: Open-world MMORPG with AI companion systemLootGo: A Pokemon GO-like walk-to-earn app (already live on the App Store)Bro.fun: On-chain beer pong, allowing you to bet and win rewards
Prediction:
RareBetSports: Predict player performance (points, assists, etc.)LEVR.Bet: Leveraged sports prediction, up to 5x
Social mining:
TeleMafia: Turn Telegram groups into mafia battlefields, fight directly in chat
You can find more consumer-grade applications on the app.monad.xyz website
Meme and NFT: The Purple Frenzy
Nad.fun is ready to become Monad's pump.fun, allowing meme coins to be launched as soon as the mainnet goes live. In terms of NFTs, Purple Friends (1,111 units) and Chog are the most OG series, with the latter's founder being one of the largest airdrop recipients.
There will also be MON-related meme trading opportunities on the Solana chain, which can be accessed directly via Sunrise DeFi.
#crypto #Bitcoin #monad #MonadLabs #MON

The blockchain world continues to evolve rapidly with the emergence of various projects that offer solutions to the limitations of previous technologies. One of them is Monad, a Layer 1 blockchain that is fully compatible with the Ethereum Virtual Machine (EVM) and is claimed to be able to process up to 10,000 transactions per second with a finality time of just one second.
The presence of Monad is seen as answering the challenges currently faced by Ethereum, namely the slow transaction speeds and relatively high gas fees. By optimizing the way transactions are executed, Monad offers efficiency without sacrificing security or decentralization.

Monad, the ever-evolving blockchain technology, is emerging as a groundbreaking Layer-1 solution that bridges the gap between high performance and Ethereum compatibility. Achieving an impressive 10,000 transactions per second (TPS), Monad represents a significant leap in blockchain scalability without compromising decentralization principles.
Foundation of Blockchain Innovation
At its core, blockchain technology establishes a decentralized consensus mechanism where network participants collectively maintain and validate a shared ledger of transactions. This distributed system ensures agreement not only on transaction ordering but also on the global state, encompassing everything from account balances to smart contract states.
Modern blockchain platforms have evolved beyond simple value transfers to support sophisticated programmable applications. Every transaction, whether it's a token transfer or a complex smart contract interaction, must be processed and validated across the network to maintain consistency and security.
Monad's Revolutionary Architecture
What sets Monad apart is its innovative approach to solving blockchain's traditional scalability challenges. Through sophisticated engineering in C++ and Rust, Monad introduces four transformative technologies that work in concert to achieve unprecedented performance:
MonadBFT represents a significant advancement in consensus mechanisms. Building upon the HotStuff protocol, this pipelined two-phase consensus system optimizes network communication and block validation, enabling rapid transaction finality without sacrificing security.
The platform's deferred execution model demonstrates remarkable efficiency by decoupling consensus from execution. This architectural decision allows for optimal resource utilization and improved throughput, addressing one of the fundamental bottlenecks in traditional blockchain systems.
Parallel execution capabilities harness the power of modern multi-core processors. By executing transactions concurrently while maintaining strict serial equivalence, Monad achieves substantial performance gains without compromising transaction ordering guarantees.
MonadDB, the platform's state storage solution, represents a breakthrough in blockchain data management. Optimized for SSDs and designed for high-performance access patterns, it provides the robust foundation necessary for handling increased transaction throughput.
Seamless Ethereum Integration
Perhaps most remarkably, Monad achieves its performance improvements while maintaining complete compatibility with the Ethereum ecosystem. Developers can deploy existing Ethereum applications to Monad without code modifications, leveraging familiar tools like MetaMask, Hardhat, and Etherscan.
This compatibility extends to the latest Ethereum improvements, including the Shanghai fork features, ensuring that developers and users can access the most current blockchain capabilities. The platform's full support for Ethereum RPC interfaces means existing infrastructure and tooling work seamlessly with Monad.
Real-World Impact
The practical implications of Monad's innovations are substantial. With one-second block times and single-slot finality, users experience near-instantaneous transaction confirmations. This speed, combined with the platform's high throughput, makes Monad suitable for demanding applications that require rapid transaction processing.
Running a Monad node remains accessible to a broad range of participants, requiring moderate hardware specifications: a 16-core CPU, 32GB of RAM, 2TB SSD storage, and a 100 Mbit/s internet connection. These requirements strike a balance between performance and decentralization, ensuring network participation remains viable for many operators.
What happens in the future?
As blockchain technology continues to evolve, Monad stands as a testament to what's possible when innovative design meets practical engineering. By solving core scalability challenges while maintaining Ethereum compatibility, Monad opens new possibilities for decentralized applications that require enterprise-grade performance.
The platform's architecture demonstrates that achieving high performance doesn't necessarily mean sacrificing decentralization or compatibility. As the blockchain ecosystem continues to mature, Monad's approach may well serve as a blueprint for future scaling solutions.
For developers and organizations looking to build scalable decentralized applications, Monad offers a compelling platform that combines the best of both worlds: Ethereum's rich ecosystem and tools with the performance characteristics necessary for mainstream adoption.

#Monad #MONADNFTS #ETH #Ethereum #MonadLabs $ETH

$MON
In the whirlwind of crypto launches, it's easy to get lost in the mechanics of chains and tokens. But as Monad gears up for its mainnet debut on November 24, the real story isn't in the code—it's in the conversations, the handshakes, and the shared visions brewing across continents. From Seoul's bustling dev scenes to Buenos Aires' vibrant crypto hubs, Monad's ecosystem is alive with builders, founders, and enthusiasts who are turning abstract ideas into real-world connections.

This isn't about benchmarks or bytecodes. It's about people—diverse voices from LATAM to Asia—coming together to redefine what decentralized tech can do for everyday payments, creative tools, and global collaboration.

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From Virtual Chats to IRL Sparks: The Pulse of Monad's Meetups

Picture this: A developer in Seoul, fresh off a long day in one of the world's most dynamic tech cities, joins a room full of fellow builders tweaking prototypes on a testnet. That's the vibe at Monad Blitz Seoul 3rd, kicking off November 15. This isn't your standard conference—it's a full-day sprint where Korean web3 innovators network, hack, and prototype on Monad's infrastructure.


No gatekeeping, just raw energy: Attendees have already built everything from DeFi tools to NFT experiments in past editions, proving that Monad's appeal lies in how it empowers quick, collaborative creation.

Across the globe, similar sparks are flying. In Singapore on November 12, the x402 Everything event dives into the "machine payment economy"—think AI agents settling micropayments seamlessly, hosted by Questflow and Coinbase's dev platform. It's a fireside chat that bridges crypto with emerging tech, showing how Monad's compatibility opens doors for non-traditional users, like creators automating royalties or gamers tipping in real-time.

These gatherings aren't isolated; they're threads in a larger tapestry. Monad's community calendar reads like a travel itinerary for the future of finance: Hackathons that turn strangers into co-founders, panels that challenge old norms, and after-parties where ideas flow as freely as the drinks.

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LATAM's Leap: Payments, Culture, and the Human Side of Adoption

If Asia is where Monad's tech gets battle-tested, Latin America is where its potential for real-world impact shines brightest. Buenos Aires, during Devconnect week, becomes ground zero for this shift. On November 17, the Forum: Consumer Payments brings together LATAM's top minds in stablecoins, wallets, and remittances—regions where crypto isn't a luxury, but a lifeline for cross-border families.

Hosted by the Monad Foundation and Bitso Business, the forum isn't about theory. It's a raw discussion on mainstream adoption: How can decentralized rails cut the 7% fees on a migrant's monthly send-home? Why is LATAM leading the charge in on-chain consumer apps? Participants include founders who've scaled wallets to millions of users, sharing war stories on regulatory hurdles and user trust.

That same day, "Meet Monad Devconnect" flips the script to ecosystem spotlights. Co-hosted with Espacio Cripto—one of LATAM's largest communities—it's an afternoon of demos and deep dives into projects like liquid staking protocols and DeFi innovators already eyeing Monad for their next builds. No suits required; just passionate folks connecting over coffee (or mate) and code.

The week caps with "An Evening with Wormhole and Monad" on November 19—a blend of panels, music, and mingling that feels more like a cultural festival than a tech event.
Wormhole's cross-chain expertise meets Monad's builder ethos, with sessions on decentralized innovation. It's a reminder: Crypto thrives when it's fun, inclusive, and human.

These LATAM-focused pushes highlight Monad's bet on emerging markets. With over 225,000 users already engaged through testnets and airdrops, the chain is positioning itself as the go-to for regions hungry for affordable, instant finance. It's not just building a blockchain; it's fostering a movement where local innovators lead global change.

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Beyond the Buzz: Education, Alliances, and the Millionaire-Makers

Zoom out, and Monad's community story extends further. The airdrop—distributing MON tokens to early stakers, educators, and power users—has minted instant stakeholders, from security researchers at SEAL-911 to learners via RareSkills and SheFi. Limited-edition "Monad Cards" spotlight influencers, turning hype into heritage.

Then there's the Blockchain Payments Consortium, where Monad joins Solana and Fireblocks to standardize cross-chain flows.
Led by Monad's Keone Hon, it's a quiet revolution: Accelerating payments that could power everything from gig economy payouts to AI-driven trades.

On X, the chatter echoes this excitement. Threads buzz with "Nads" (Monad enthusiasts) swapping strategies for post-launch plays, like staking on Kintsu for liquid yields or liquidity mining on emerging DEXs.
One post nails it: "Monad will create the next wave of crypto millionaires—not overnight, but through long-term games. It's a nod to the grind: Community first, riches follow.

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The Real Chain Reaction

As November 24 approaches, Monad isn't just launching a network—it's igniting a global dialogue. From Seoul's code sprints to Buenos Aires' payment forums, these events are where trust is built, one connection at a time. In a space often dominated by solo specs, Monad reminds us: The strongest blockchains are woven from human threads.

#Monad #MONADBLOCKCHAIN #MonadLabs #MonadSquare #MON