Monad is a high-performance Layer 1 blockchain that's 100% Ethereum-compatible (EVM) but handles transactions 'with many hands at once', processing them in parallel to run much faster and cheaper. It was built to fix Ethereum's slow speeds and high fees. Its mainnet went live in November 2025.

How is it related to Ethereum?

Monad is not a hard fork of Ethereum. It's a brand-new chain built from scratch, but it's fully compatible with the Ethereum Virtual Machine (EVM), so Ethereum apps run on it almost as-is. That's why you can think of it as a 'parallel-EVM sibling' in Ethereum's family tree.

Most blockchains process transactions one at a time, in a single line. Monad processes unrelated transactions 'with many hands at once' (optimistic parallel execution) and separates deciding the order from actually running them (asynchronous execution) to crank up the speed. It targets around 10,000 TPS with block times in the 0.4-second range.

Does Monad have a supply cap?

No. The initial supply is 100 billion (100B) MON, and unlike Bitcoin there's no fixed cap, it's inflationary, with a small amount (about 2% a year) newly issued. To offset that, part of the transaction fees is burned. (This is information only, not a recommendation about any exchange or investment.)

No.164

📒 Codex · Parallel-EVM newcomer

Monad MON

the EVM speed-freak with too many hands to wait in line

🎭 Built by ex-Jump Trading engineers who counted in microseconds, Monad runs Ethereum's software on a brand-new engine and refuses to let transactions queue up single file.

⚡ L1📜 Smart Contract🌱 PoS

ALTROOKIE CODEX

💬 “Why are you all standing in one line? Hands free over here. If your jobs don't touch each other, give them to me and I'll do them this instant.”

💬 TL;DR

It runs the same software as Ethereum (100% EVM-compatible) but processes transactions with many hands at once instead of one by one.
Goal: about 10,000 transactions a second, with new blocks landing roughly every 0.4 seconds.
Brand new. Built starting in 2022, it went live on November 24, 2025.

📖 The Story

Three engineers from Jump Trading spent their days hunting microseconds. To them, a blockchain that handled transactions one at a time, single file, looked almost insulting. So in 2022 they walked away to build their own: Monad, which keeps Ethereum's beloved software but bolts on a fresh engine with many hands working in parallel. Paradigm bet $225 million on the idea in 2024. On November 24, 2025, Monad finally opened its doors to the public, and the very first thing it did was refuse to make anyone wait in line. ⚡

📊 Stats

⚡Throughput Targets ~10,000 TPS · ~0.4s blocks

ΞEVM fit 100% Ethereum-compatible

🕰️Track record Mainnet live since Nov 2025

🎢Volatility Brand-new listing, swings hard

💎Scarcity 100B supply · inflationary (~2%/yr)

🧩 How it works

Most blockchains process transactions one at a time, single file. When the line is long, everyone has to wait. Monad optimistically assumes 'these transactions probably don't depend on each other' and processes them with many hands at once (parallel execution). If two of them happen to touch the same thing and clash, it simply redoes only those (up to twice). On top of that, it splits 'deciding the order (consensus)' from 'actually running it' (asynchronous execution), giving it more room to go fast.

🧾 A flood of transactions arrives, 🖐️ many hands process them at once in an EVM-compatible way, and ⚡ they finish fast and cheap.

🌗 Light & Shadow

🌕 Light

Runs the same software as Ethereum (100% EVM), so existing apps move over almost unchanged
Processes independent transactions with many hands at once, which keeps it fast and fees low (targets ~10,000 TPS, ~0.4s blocks)
The founders built microsecond trading systems before this, and serious money backed them: a $225M round in 2024 led by Paradigm

🌑 Shadow

It only went live in November 2025, so it's a very young chain with little time to prove it stays reliable under real load
The supply is inflationary with no fixed cap (about 2% newly issued a year, unlike Bitcoin; fee burning offsets only part of it)
Fast chains are crowded. It has to fight for ground against Solana, Sei and others, and as a new listing the price can swing hard
About half the tokens are locked for the team and investors at launch (vesting runs through roughly 2029)

🧬 Evolution Lineage

Monad is not a hard fork of Ethereum. It was built from scratch, but it inherited Ethereum's soul (the EVM), making it a 'parallel-EVM' sibling/successor. In the same camp you'll find friends like Sei, while the fast chain Solana is more of a rival.

Ξ Ethereum ⚡ Monad (parallel EVM)

🌊 Sei (same camp) ◎ Solana (rival)

🧭 Meet other friends

Ξ Ethereum ◎ Solana 🟡 BNB

See the whole codex →

❓ FAQ

What is Monad (MON)?: It's a high-performance Layer 1 blockchain that's 100% Ethereum-compatible (EVM) but handles transactions 'with many hands at once', processing them in parallel to run much faster and cheaper. It was built to fix Ethereum's slow speeds and high fees. Its mainnet went live in November 2025.
How is it related to Ethereum?: Monad is not a hard fork of Ethereum. It's a brand-new chain built from scratch, but it's fully compatible with the Ethereum Virtual Machine (EVM), so Ethereum apps run on it almost as-is. That's why you can think of it as a 'parallel-EVM sibling' in Ethereum's family tree.
Why is it so fast?: Most blockchains process transactions one at a time, single file. Monad processes unrelated transactions 'with many hands at once' (optimistic parallel execution) and separates deciding the order from actually running them (asynchronous execution) to crank up the speed. It targets around 10,000 TPS, with block times in the 0.4-second range.
Does it have a supply cap?: No. The initial supply is 100 billion (100B) MON, and unlike Bitcoin there's no fixed cap, it's inflationary, with a small amount (about 2% a year) newly issued. To offset that, part of the transaction fees is burned. (This is information only, not a recommendation about any exchange or investment.)

⚠️ Not investment advice. All figures are for information only (MOCK · 2026-06-04).