Monad Labs

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

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