ETH2DEVS

$MON

PART 1: THE PROBLEM WITH TODAY’S L1s

Ethereum: 15 TPS, $20 gas during a cat meme pump.

Solana: 65k TPS in a lab, 400 TPS when your NFT drops and the RPC commits seppuku.

Avalanche, Polygon: sidechains with training wheels pretending to be L1s.

We are in 2025 pretending 1999 dial-up speeds are “decentralized enough.”

aims to address many of these issues.

PART 2: WHAT IS MONAD?

Monad is a fully EVM-compatible Layer-1 that targets:

10,000+ TPS (sustained in testing)

0.4-second block times

800ms finality

Near-zero gas fees (as low as $0.0001)

And it pursues this without sharding, rollups, or sacrificing decentralization.

“But that sounds ambitious!”

Yes. It’s parallel execution optimized for EVM.

PART 3: THE TECH – MONAD’S KEY INNOVATIONS

1. MonadBFT (Pipelined Byzantine Fault Tolerance)

Traditional BFT: leaders propose → validators vote → wait → finalize.

MonadBFT: pipelined – voting on block N+2 while disseminating N+1 and executing N.

Result: Faster consensus than HotStuff/Narwhal (specific 10x not independently verified).

2. Parallel Execution Engine

Ethereum/Solana: sequential – one tx at a time.

Monad: optimistic parallel scheduling – runs transactions simultaneously, re-executes only conflicts.

Uses deferred execution + superscalar pipelining.

3. MonadDB (Custom Stateful Database)

Geth’s LevelDB: 150 IOPS bottleneck.

MonadDB: async I/O + SSD-optimized trie → 100,000+ IOPS (claimed).

State aims to avoid bottlenecks.

4. EVM on Crack (MonadVM)

Full bytecode compatibility.

No precompiles – everything is parallelizable.

Stack-based → register-based JIT compilation.

PART 4: BENCHMARKS

| Metric #FOMCMeeting | Ethereum | Solana | Monad (Testnet) |

|--#FOMCMeeting -------|----------|----------|-----------------|

| TPS | 15 | ~2,400 | 10,000+ |

| Block Time | 12s | 0.4s | 0.4s |

| Finality | 15min | 2.5s | 800ms |

| Gas Price (peak) | $50 | $0.01 | $0.0001 |

| Node Cost (8-core) | $200/mo | $600/mo | ~$50/mo (claimed) |

Source: Monad official site and testnet reports (as of Oct 2025)

(Note: 1M TPS appears to be an internal lab target or exaggeration; public benchmarks top at 10k-340k TPS in devnets.)

PART 5: WHY CONSIDER $MON NOW (PRE-TGE)

Tokenomics Overview

Total Supply: 100B $MON (reported)

Public/Community: ~42-45% (incl. potential airdrop)

Current Pre-Market: ~$0.04–$0.08 (Hyperliquid, as of Nov 1, 2025; dipped from $0.15 ATH in Oct)

Projected FDV at TGE: $12B–$15B

Potential upside from current levels, but markets are volatile.

PART 6: THE MONAD ECOSYSTEM

Building on Testnet (Oct 2025):

Pyth Oracle – sub-millisecond price feeds (integrated).

Kuru Exchange – decentralized orderbook DEX (in development).

Monad Pad – launchpad for upcoming projects.

Rage Trade – perps DEX (testing).

Monadian Finance – lending protocols (early stage).

PART 7: THE “SOLANA KILLER” NARRATIVE

Monad is an EVM-focused high-throughput L1, not positioned as a direct killer of any chain.

| Feature | Monad Targets? |

|------------------|----------------|

| EVM | Yes |

| Sub-second blocks| Yes |

| 10k+ TPS | Yes (tested) |

| Low-cost nodes | Yes (claimed) |

PART 8: THE FOUNDERS

Keone Hon (CEO), James Hunsaker (CTO), and Eunice Giarta (COO)

Ex-Jump Trading HFT engineers (Hon and Hunsaker)

Built high-frequency trading systems at Jump Trading/Jump Crypto

Focus on extreme performance optimizations for a parallelized EVM blockchain, enabling high TPS while maintaining full compatibility and decentralization.

(Quote about "grandmas on Raspberry Pis" unverified in recent posts.)

PART 9: THE TESTNET GUIDE

Step 1: Get Testnet Tokens

Faucet: https://faucet.monad.xyz

Claim up to 1 request every 6h (requires 0.03 ETH and 3+ mainnet txs; amount not specified as 100)

Step 2: Run a Node

curl -sSL https://install.monad.xyz | bash

monad-node --network testnet

Stake test tokens → potential rewards (Pioneer Badge unconfirmed).

Step 3: Engage

Swap on test DEXes

Provide liquidity

Bridge via protocols like LayerZero

PART 10: PRICE PREDICTION

Predictions are speculative.

| Timeline | Potential Range | Catalyst |

|----------------|-----------------|----------|

| TGE (Q4 2025) | $0.15$–$0.50 | Exchange listings |

| Q2 2026 | $2–$6 | dApp growth |

| Bull Market | $10–$30 | TVL inflows |

| 2027 | Highly variable | Adoption |

From current ~$0.05 → significant upside possible, but no guaranteed 1,250x.

PART 11: PROGRESS UPDATE

Devnet/Testnet is live.

~1,000+ nodes (reported in community)

Millions of txs processed (e.g., 2.7M+ wallets in earlier data)

Compare: Other L1s had outages pre-mainnet; Monad has shown stability.

PART 12: EARLY ACTIVITY ON MONAD

Testnet supports experimentation, including meme launches.

Example: Early testnet tokens like $WOOF (unverified MCAP; focus on tech over memes).

PART 13: INVESTORS

Confirmed:

Jump Crypto (lead)

Paradigm

Electric Capital

Greenoaks, Coinbase Ventures

(Whisper on BlackRock/RWAs: Unconfirmed rumor.)

PART 14: RISK CHECKLIST

| Risk | Monad’s Approach |

|-------------------|------------------|

| Centralization? | Targets 10k+ nodes on low-cost hardware |

| Security? | Multiple audits (e.g., Trail of Bits; 4 total claimed) |

| Token unlocks? | 2-year cliff + 4-year vesting |

| Hype? | Tech in testing; mainnet pending |

PART 15: WHY PAY ATTENTION NOW?

Pre-market access available (~$0.05 current)

Testnet engagement for potential airdrop (claim window ongoing)

TGE approaching (<SOON.)

Opportunity to build/test dApps

PART 16: CONCLUSION

$MONAD is a high-performance EVM L1 in development.

It’s an ambitious project targeting Ethereum-scale compatibility with better speed/cost.

Ethereum = Established leader

Solana = Speed pioneer

Monad = EVM
parallel contender

P.S. Not financial advice. DYOR; crypto is risky.

$MONAD: 10k+ TPS target. 0.4s blocks. Near-zero gas. EVM-compatible.

Monitor progress on official channels.









#FOMCMeeting #MarketPullback #BinanceHODLerFF #MONAD #MonadLabs