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Monad is a decentralized Layer1 EVM-compatible smart contract platform.
Monad is a high-performance Ethereum-compatible L1. Monad materially advances the efficient frontier in the tradeoff between decentralization and scalability.
Monad introduces optimizations in four major areas, resulting in a blockchain with throughput of 10,000 transactions per second (tps):
MonadBFT
Deferred Execution
Parallel Execution
MonadDb
Monad's improvements address existing bottlenecks while preserving seamless compatibility for application developers (full EVM bytecode compatibility) and users (Ethereum RPC API compatibility). As a result, the rich landscape of Ethereum tooling and applied cryptography research can plug seamlessly into Monad while benefiting from improved throughput and scale:
applications (any dapp built for Ethereum)
developer tooling (e.g. Hardhat, Apeworx, Foundry)
wallets (e.g. MetaMask)
analytics/indexing (e.g. Etherscan, Dune)
The Monad client is built with a focus on performance and is written from scratch in C++ and Rust. The subsequent pages survey the major changes in Monad as well as the interface for users.
Ethena
$ 0.738
Jito Labs
$ 4.55
Cyber
$ 7.66
Engines of Fury
$ 0.719
BOOK OF MEME
$ 0.012
ZetaChain
$ 1.67
NuLink
$ 0.0905