What does MON mean?

What is Monad (Monad)

Monad is a Layer 1 blockchain that aims to solve the “Ethereum scale” challenge through the design of the new architecture of EVM to support parallel transaction processing (parallel execution) and the separation of consensus procedures from execution. The chain is compatible with EVM at the bytecode level, allowing the original smart contract and DApp from Ethereum to be moved or deployed across the chain with virtually no coding required, reducing costs and time for developers directly.

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Blockchain nativo

Monad is its own Layer 1 blockchain, not L2 or rollup on another chain, but builds a new infrastructure from consensus, execution, to data structure. The highlight is the design to run parallel EVM and efficient state management, supporting thousands to tens of thousands of transactions per second with a finality close to real time.

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Protokola Konsensus

Monad uses its own BFT consensus mechanism called MonadBFT, which is a Byzantine Fault Tolerant consensus that separates between ordering and execution. The validator first agrees the transaction sequence in the block and then sends it to the execution engine for parallel processing on multiple threads, resulting in ~1 second block time and finality, while maintaining BFT security.

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Founder/Date founded

Monad was developed by Keone Hon, James Hunsaker and Eunice Giarta who all have backgrounds in high frequency trading and distributed systems. Category Labs CEO Keone Hon previously worked as a quant and high‑frequency trading team leader at Getco and Jump Trading before making Jump Crypto and eventually setting up the company to directly create Monad.

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Objective/Use case

Monad's main goal is to “hyperscale the EVM” so that Ethereum's ecosystem can support mass adoption users without spreading out too many chains or L2s. The main use cases of Monad include

• DeFi protocols requiring high throughput, such as perp DEX, on-chain orderbook, AMM with frequency trading

• Real-time games and apps that require low latency and cheap fees

• NFT marketplaces and other Web3 infrastructures that require scalability while also using the original EVM tooling.

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Total supply/Limit or Unlimited

The total number of Monad (MON) is $100 billion.

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Supply Deflation

A base transaction fee is incinerated every time a transaction is made on the network, so that part of the MON is permanently removed from the system. At the same time, the network also mints around 25 MON new coins per block as a reward to the validator and staker, which accounts for inflation of around 2% of the initial supply per year, resulting in the token nomics of MON being a mixed model between inflation and deflation. If in the future the volume of transactions is so high that the amount of fees burned is greater than the coins generated per year, then there is a chance that the net supply of the MON will stabilize or decrease, becoming quite deflationary in the long term.

Referenzen

https://www.monad.xyz/

https://www.figment.io/insights/monad-first-look-hyperscaling-the-evm/

https://monadblock.com/2025/11/01/how-monad-s-parallel-evm-execution-sets-a-new-standard-for-blockchain-performance/

https://www.clay.com/dossier/monad-labs-ceo

https://www.monad.xyz/announcements/mon-tokenomics-overview

https://coinmarketcap.com/currencies/monad/