Monad

Monad is a Layer 1 blockchain designed to run smart contracts at high throughput, claiming to process 10,000 transactions per second with near-zero fees. It targets developers and applications that need to handle large volumes of transactions quickly, such as trading platforms or games, where slower blockchains create bottlenecks. The chain is fully compatible with the Ethereum Virtual Machine, meaning software already written for Ethereum can run on Monad without modification.

Monad separates the consensus process from execution: validators first agree on which transactions to include and in what order, then execute those transactions in parallel rather than sequentially, using a custom storage system called MonadDB to manage state changes accurately across simultaneous operations. This parallelized EVM approach is what allows the network to target throughput well beyond traditional single-threaded execution. The native token MON functions within the network, though the consensus algorithm is not specified in the data held here.

Users pay fees to submit transactions on the network; over the trailing 30 days those fees totalled 462,119 USD, and annualized from that same 30-day window they project to 5,622,447.83 USD. Of those fees, the protocol retained 84.88 percent as revenue in the trailing 30-day period, with 69,876 USD going to the supply side — validators and others who provide services to the network — over that same window. Trailing 12-month fees stand at 2,366,919 USD and trailing 12-month revenue at 1,658,818 USD. Fee and revenue growth were both negative over the trailing 30 days, down 10.88 percent and 13.72 percent respectively.