Monad
Monad is a high-performance L1 that maintains full EVM equivalence while shipping optimistic parallel execution and pipelined consensus. The founders spent years building latency-sensitive systems at Jump Trading and brought that discipline to protocol engineering.
The testnet has demonstrated 10,000+ TPS with 1-second block times and full EVM compatibility — meaning every existing Solidity contract deploys unchanged. This combination has attracted an ecosystem of 180+ applications preparing for the Q2 2026 mainnet launch.
Where competitors have traded either compatibility or performance, Monad's technical bet is that engineering discipline can deliver both. The Series A round in early 2025 valued the network above $3B pre-launch on the strength of that thesis.
The first L1 that is genuinely EVM-compatible and can hit 10,000 TPS with meaningful decentralization. Founding team from Jump Trading with rare execution depth.
Keone Hon
CEO & Co-FounderJames Hunsaker
CTO & Co-FounderEunice Giarta
COOBhargav Bhatt
Head of Ecosystem- 2022Founded by Keone Hon and James Hunsaker
- Q4 2023Oryon leads seed
- Q3 2024Testnet: 10K TPS demonstrated
- Q2 2026Mainnet target
Testnet performance validated at 10K+ TPS. Mainnet targeting Q2 2026 launch.
“Monad is the first credible answer to the question of how the EVM scales to global throughput.”
— Delphi Digital, 2025