what's monad?
Monad is a high-performance Layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine (EVM). It achieves up to 10,000 transactions per second with 1-second block times and single-slot finality through innovations like parallel execution, asynchronous execution, a custom state database called MonadDB, and a high-performance consensus mechanism named MonadBFT. This enables low hardware requirements and scalability for decentralized applications, particularly in DeFi, trading platforms, and other blockchain-based services. Monad maintains Ethereum's security and decentralization while addressing its limitations in throughput and efficiency. The project is built by a team with experience in high-frequency trading and has raised significant funding to support its ecosystem growth.
Monad recorded highest DEX volume, added Perena, and plans Consensus HK event with Galaxy.
Levr_Bet launched on Monad, citing the chain's speed, execution capabilities, and low transaction costs as the primary reasons for choosing the platform.
hosts an accelerator program with a $500,000 prize for successful participants
Dream enables zero-fee trading on Monad.
Integrated with HallidayHQ for onramp, bridge, swap, and deposit functionality with MON token.
Chainrails added support, enabling builders to accept payments in multiple tokens across 11+ blockchains.
Integrated Polymer Labs zero slippage USDC bridge, enabling 1:1 USDC swaps across 16 chains.
Deployed Circle Bridge Kit, enabling developers to integrate crosschain USDC transfers using CCTP in under 10 lines of code.
Raised $269M in an ICO on approximately 2025-11-26, receiving $269M in bids against $187.5M in available tokens.
Ranks 20th by TVL on DefiLlama as of February 2026.
Integrated with GoPlus security infrastructure in H2 2025.
Infinit_Labs launched Prompt-to-DeFi, allowing users to describe DeFi strategies in natural language for AI-powered execution.
ChainMMO v3 won the Monad AI hackathon and launched on 2026-02-25, featuring cloud-hosted AI agents accessible with crypto wallets.
Pools on PancakeSwap achieved APRs exceeding 200%.
Launched private mainnet with a fully on-chain perpetuals order book DEX on February 24th, 2026.
Curvance offers lending markets with WMON (wrapped Monad) as collateral, including AUSD/WMON and USDC/WMON pairs with negative borrow rates (borrowers earn yields of -4.26% and -3.75% respectively).
Surpassed $400M in trading volume on the chain through TraderJoe's Liquidity Book DLMM.
Declined from a peak of 150,000 active addresses to 18.1k active addresses as of February 2026.
Integrated with Open x402 as one of the supported chains for permissionless USDC payments through x402 servers, alongside Base and Solana.
Co-hosts privacy-focused hackathon with Unlink in New York City from February 27 to March 1, 2026, with $30,000 in prizes.
@intern left Monad on January 30, 2026.
Mentioned in Printr's Monad Meme SZN campaign ending on February 27, 2026.
Featured as one of several participants in Mantle RWA Day takeover at Consensus Hong Kong alongside World Liberty Fi, xStocks, DigiFT, Concrete, and Lore.
Raised approximately $500 million in funding.
Completed $500,000 security audit with Code4rena, finding 4 high-severity and 7 medium-severity issues.
Routed $20 million in volume on its first day of operation.
Reached a vesting cliff on February 18, 2026, resulting in token unlocks.
Ecosystem team member left on 2026-02-18.
Head of Growth, Head of DeFi, and Ecosystem lead departed in early 2026.
Michael Lwy, Director of NFTs, departed Monad Foundation in February 2026.
Enabled cross-chain bridging for w0G token to and from Monad via XSwap using Chainlink CCIP.
Acquired Ponder team, an open-source blockchain data indexing framework that powers hundreds of EVM applications, to contribute tooling and standards.
Achieved $100M in private credit, verifiable with AccountableData and withAUSD. Valos launched institutional private credit vault.
Implements a 400ms delay timer to prioritize decentralization.
Appears on Token Terminal's leaderboard for fastest blockchains based on block time.
Scroll-Trading feature went live on Monad.
Participated in a panel discussion titled "Breaking the Compute Monopoly" at 2:40-3:20 pm MST on February 16, 2026, with speakers from Gensyn and Chaoschain.
MondayTrade is launching the first phase of tokenized real-world assets (RWA) on Monad, with a waitlist now open.
Intern and 0x_Abdul left the team on February 14, 2026.
Integrated with Meld to enable MON and USDC purchases through Meld's global onramp network supporting Apple Pay, Google Pay, credit cards, and bank transfers, with API access for ecosystem projects.
A WMON/MMO liquidity pool is available on CapricornDEX offering 2,254% APR for liquidity providers.
Participates in Multichain Day event on February 17, 2026, with representation from team member @thetinaverse speaking on panels.
Reached $1.1M in trading volume for MMO, the most traded altcoin on the network in the past 24 hours.
Head of DeFi left team on 2026-02-14.
Layer3's CUBEs platform has integrated with Monad and is now live on the network.
Launched a rate-limited MON faucet on mainnet to enable quick onboarding of AI agents with minimal amounts of MON tokens.
Launched ChainMMO V2, an MMORPG featuring AI agents with P2P trading via RFQ, dungeons, AI agent benchmarking, and daily lootboxes, on 2026-02-15. Sponsored the Moltiverse AI hackathon focused on an agent economy. Soulbyte autonomous AI life simulation is built on OpenClaw, transforming wallet addresses into living agents.
Released a fork of Foundry with Monad-specific features including opcode pricing, gas behavior, and staking precompiles for local testing.
Trades 20% below ICO price as of February 2026.
Uses parallel execution engine claiming 1.2M EVM TPS capability.
Has liquidity pools on TraderJoe DEX with active reward incentives: MON/USDC (2041% APR), MON/AUSD (1029% APR), MON/WETH (2739% APR), and AUSD/USDC (13% APR).
Integrated ZeroHash for MONAD token and USDC payments, settlement, and tokenization, including for companies Kalshi and Gusto to process stablecoin payments.
Represented at InnovateDenver institutional crypto conference on 2026-02-18 alongside leaders from JPMorgan, Coinfund, Arrington Capital, Republic, and Midnight Network.
Integrated with BitGo's institutional self-custody wallet service through WalletConnect Network, enabling institutions to access DeFi applications on Monad.
OpenOcean launched an ecosystem-wide trading campaign featuring rewards for trading on Monad, including cash rewards, NFTs, whitelist spots for TGE projects, and long-term trading perks.
Hosts Monad Blitz hackathon with Pizza_DAO at ETH Denver in February 2026.
Hosting a VIP Dinner at ETH Denver.
Hosts live perpetuals trading competition at ETH Denver with elimination rounds and cash prizes.
Launched Nitro accelerator program with $7.5M, offering $500k investment per team. Launched Foundry initiatives in 2026, providing $500,000 in grants through Monad Foundation, and a builder residency program in NYC, accepting Kizzy into NYC 3.3 Foundry.
DeFi applications deployed on Monad have generated $7.5 million in total fees since mainnet launch.
Announced first round of Moltiverse Hackathon winners as Clawmate and 'The Reef' on February 10, 2026.
Integrated as a day one chain with Beyond Tech, an execution layer coordination platform.
Hosts a security session on 2026-02-10 featuring Senior Security Engineer from Monad as part of Delta Office Hours.
Under review for Flying Tulip protocol expansion, alongside Hyperliquid and MegaETH.
Mainnet has been live for over two months as of February 8, 2026.
Reached all-time high TVL of $570 million on February 17, 2026.
Recorded the highest DEX volume day in the past 2 months on February 5, 2026.
Co-hosts sunset social event with Galaxy and Animoca Brands on February 10, 2026 at Consensus Hong Kong for investors and founders.
Integrated Perena with Wormhole NTT for cross-chain USD* stablecoin transfers.
Participated in a panel discussion titled "Tokenized Assets at Scale" on February 4, 2026 at 12pm ET, hosted by TheTieIO.
Added support for Monad registry
ERC-8004 standard is live on the network.
Offers $200K hackathon prizes, with $140K for agent+token track and $60K for agent track, sponsored by Monad and Paradigm, focused on OpenClaw framework; submissions due 2026-02-15.
integrated with Mercuryo, a global onramp service supporting 12M+ KYC'd users and processing over $2B in volume to date
Added a documentation page to simplify bridging for users coming to Monad.
Approximately 40% of tokens remain unallocated and are held by Category and the Monad Foundation, with vesting scheduled to begin in November 2026.
TPS reached 18.
Team members departed shortly after the TGE.
Launched Execution Events system, a feature for delivering realtime event data to programs running on the same machine.
Director of Growth at the Monad Foundation is stepping down after 3 years with the project and transitioning to an advisor role.
Integrated with Filecoin Onchain Cloud as a data and storage layer for decentralized AI.
Featured in the first episode of Archive_Pod podcast, discussing the founder's background, early days, seed round fundraising, team scaling, and network launch philosophies.
Proposed activation of three Ethereum Fusaka upgrade EIPs: EIP-7823 (upper bounds for MODEXP), EIP-7883 (ModExp gas cost increase), and EIP-7939 (count leading zeros opcode) as outlined in MIP-5.
Supported as a destination chain for Circle's CCTP (Cross-Chain Transfer Protocol) crosschain forwarding feature on mainnet.
Featured WOOFi on the app hub as a showcased application.
Listed on Coinbase through an ICO mechanism, with initial price subsequently declining 30% from ICO level and 60% from peak.
Burned $190,000 in gas fees in the first two months since launch.
Mentioned alongside MegaETH as a high-performance chain that could enable UX-first games in the GameFi sector.
MON/USDC pair on UniswapV4 has approximately $3.4M-4M in active TVL, with around $4k of that being in-range liquidity currently earning rewards
Opened Wave 2 of the Validator Delegation Program for prospective validators to apply for delegation.
Raised the maximum commission cap for validators in the Validator Delegation Program from 10% to 20%.
Raised $500M in funding.
Integrated into Tria's self-custodial neobank alongside AUSD and Upshift to enable institutional-grade digital dollar access for users.
Featured as the blockchain platform for the $MON token launch, which uses Grok AI to autonomously manage a cannabis plant with live-streamed sensor data and decisions.
Generated $47.8K in revenue over the 30-day period ending approximately January 21, 2026, according to DeFiLlama data.
XAUT0 is tradable on Uniswap and other aggregators deployed on Monad.
Korean treasury bonds are now available on Monad through a collaboration with Etherfuse and Shinhan Bank.
Distributed airdrop to eligible participants.
Listed on Solana as a non-native asset in the past 24 hours (as of 2026-01-16).
Integrated with Rabby wallet for Safe multisig wallet support on the Monad network.
Wave 1 Cards holders are factored into tier assessment for Fluent's reputation signal program.