The Monad Ecosystem is on 🔥 with 3 recent fundraises: 1. KURU Exchange: Central limit order book, $2M raise led by Electric Capital 2. aPriori: MEV, $10M raise led by Pantera 3. Kintsu: Liquid staking, $4M raise led by Castle Island Ventures Accelerating into testnet ⏩
Monad Labs
Software Development
New York, NY 5,204 followers
Decentralized Compute at World Scale
About us
Monad Labs is accelerating the Ethereum Virtual Machine so that decentralized apps can eat the world. The EVM is the ubiquitous standard of web3; over 96% of all capital in DeFi is in EVM apps. In spite of this, EVM-compatible blockchains have extremely low throughput: Ethereum supports roughly 10 transactions per second, and no EVM rollup is over 50 tps. We are solving this problem with Monad, the performant Layer-1 blockchain that introduces parallel execution and superscalar pipelining to the EVM. Deep optimization is needed across all levels of the stack - from the database layer, to the virtual machine layer, to the consensus and networking layer - in order to streamline EVM transaction processing. Monad introduces these low-level optimizations, allowing consumer-grade hardware to deliver exceptional performance while maintaining a high degree of decentralization. We recently raised $225M in series A funding to scale our team in bringing the Monad blockchain to production.
- Website
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https://www.monadlabs.xyz/
External link for Monad Labs
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
New York, NY 10018, US
Employees at Monad Labs
Updates
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We are just as thrilled to have you Nick Snow. 💜
I’m happy to share that I’m starting a new position as General Counsel at Monad Labs!
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Are you a Molandak, Chog, or Moyaki? Consult the sorting hat in Discord to be placed in a house: discord.gg/monad
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Congratulations to Kevin McCordic on his promotion to Head of Growth! We are thrilled to see what he will do.