From HFT to Crypto. $225 million raise by new Blockchain Monad L1 EVM to Supercharge DeFi. Keone Hon

Monad is a high-performance Ethereum-compatible L1. Monad materially advances the efficient frontier in the tradeoff between decentralization and scalability.
Monad supports 10,000 transactions per second, significantly increasing throughput capabilities and opening doors for distributed applications--even those with greater complexity and higher usage--to run in a decentralized manner.
Monad preserves full compatibility with EVM bytecode and the Ethereum RPC API--which means seamless portability for EVM developers who account for 98% of on-chain TVL across all ecosystems. Supporting all of this in a single shard allows for powerful, composable applications built on top of a global store of truth.
Keone's twitter: x.com/keonehd
Website: x.com/monad_xyz
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