What is Monad (MONAD)

I. Project Introduction

1. What Is Monad?

Monad is a high-performance public blockchain with parallel-execution architecture, compatible with EVM. The project uses the MonadBFT consensus mechanism. By partitioning and scheduling pending transactions, it enables independent transactions to be executed in parallel, thereby significantly improving throughput and execution efficiency on a single-layer L1 architecture. Monad aims to provide decentralized applications with a higher-performance infrastructure while maintaining compatibility with Ethereum.

2. How Does Monad Work?

The core technological approaches of Monad include:

1) Parallel execution: Transactions are grouped and scheduled so that independent transactions can be executed simultaneously, breaking through the bottleneck of traditional sequential execution.

2) MonadBFT consensus: A BFT consensus mechanism that delivers fast finality and efficient block production.

3) Full EVM compatibility: Supports existing Ethereum development tools and allows existing contracts to migrate with minimal friction, reducing the cost of ecosystem migration.

3. Who Founded Monad?

Monad was co-founded by Keone Hon, Eunice Giarta and James Hunsaker, among others. The core team members have background in top institutions such as Jump Trading, Goldman Sachs, J.P. Morgan and Shutterstock.

In April 2024, Monad announced to have secured financing worth $225 million, led by Paradigm and with participation from Coinbase Ventures, Electric Capital, HTX Ventures, Animoca Ventures, Amber Group, Galaxy, GSR Ventures, Wintermute Ventures, CMS Holdings, SevenX Ventures, Nascent and Mirana Ventures, etc.

4. MONAD Tokenomics

The native token MONAD is used for transaction fees, network staking, and participation in securing the network. Its initial total supply is 100 billion, with both inflationary and deflationary mechanisms. Annual issuance is around 2% (approximately 2 billion MON), and the base transaction fees are burned.

The token distribution and unlock schedule are as follows:

Public Sale: 7.5%, immediately circulating;

Airdrop: 3.3%, immediately circulating;

Ecosystem Fund: 38.5%, fully unlocked, managed by the foundation;

Team: 27%, 1-year cliff, 3–4 years linear vesting;

Investors: 19.7%, 1-year lockup, 4-year vesting;

Category Labs Treasury: 3.95%, 1-year lockup, 4-year vesting.

5. Timeline of Key Milestones

April 9, 2024: Announcement of raising $225 million in funding.

February 2025: The testnet went live.

October 14, 2025: Airdrop claim portal went live.

November 11, 2025: Monad published its tokenomics.

November 17, 2025: Public sale on Coinbase opened.

November 24, 2025: Mainnet launched and TGE completed.​

II. Token Information

III. Related Links