Monad

monad.xyz

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.