KoinlyticsMonad is an L1 aiming to run 10,000 transactions per second while remaining full EVM-compatible (any Solidity contract deploys unchanged). Monad Labs raised $225M and launched testnet in early 2024, mainnet expected 2025-2026.
Four core innovations
- MonadBFT. Custom BFT consensus. Finality in one round, comparable to Tendermint.
- Parallel execution. Transactions in a block execute concurrently when they touch different state. Serial only for conflicts.
- Superscalar pipelining. Consensus and execution pipelined across four stages so the chain never waits idle.
- MonadDb. Custom database designed for state storage, faster than LevelDB used by geth.
Why EVM equivalence matters
Solana is fast but Solidity does not run there. Aptos and Sui are fast but require Move. Monad aims to give Solana-class performance while inheriting Ethereum's entire toolchain. Every audit, every library, every deployed contract can move over.
Realistic TPS
Testnet benchmarks show 10,000 TPS sustained. Real mainnet TPS will depend on transaction mix (transfers parallelize better than complex DeFi) and validator hardware.
Trade-offs
- Higher validator hardware requirements than vanilla Ethereum.
- Novel consensus; less battle tested than Tendermint or Ethereum's Gasper.
- Not yet live on mainnet as of early 2026.
Where it fits
Consumer DeFi that needs Solana-like throughput but wants Ethereum's tooling. Meme coins that need cheap fast execution. High-frequency perps and orderbooks that scale beyond Base or Arbitrum.