Monad Mainnet Goes Live: $269M Token Sale Powers High-Speed Blockchain

• Monad launches with $269M raised and 10,000 TPS capacity
• Aims to solve blockchain scalability with innovative mainnet features

The high-performance Monad blockchain officially launched its mainnet on November 24, 2025, marking a significant step in addressing the blockchain trilemma of scalability, security, and decentralization. This launch follows a $269 million MON token sale on Coinbase’s new platform, which attracted over 85,000 participants, as reported by The Block.

Monad’s architecture introduces groundbreaking improvements to overcome transaction processing limitations in existing Layer 1 blockchains. The blockchain achieves a reported peak speed of 10,000 transactions per second (TPS), with finality reached within 400 milliseconds. Key to this innovation is Optimistic Parallel Execution, a proprietary method enabling transactions to be processed simultaneously, only re-executing in cases of conflict. Additionally, MonadDb, a custom database, and an advanced validator communication protocol enhance data management and throughput, further boosting performance.

The MON token plays a central role in the platform’s ecosystem, serving functions such as gas payments, staking, and governance. Of the initial 100 billion MON supply, 50.6% remains locked, allocated to the development team, investors, and treasury under vesting schedules beginning in late 2026. On launch day, 10.8% of MON tokens were distributed via community airdrops and the public sale, while 38.5% was reserved for ecosystem growth under the Monad Foundation’s management.

Another key feature of Monad’s mainnet is its compatibility with the Ethereum Virtual Machine (EVM), enabling developers to seamlessly redeploy existing Ethereum-based applications. This strategic move allows Monad to leverage Ethereum’s established developer ecosystem and network effects. Major crypto projects were already live on the Monad blockchain at launch, including MetaMask and Phantom wallets, DeFi platforms such as Curve and Uniswap, and stablecoins like USDC and USDT.

Co-founder Keone Hon highlighted the platform’s goal to reduce barriers to development and drive adoption, targeting both institutional and mainstream blockchain use cases. By combining high speed, scalability, and a developer-friendly environment, Monad aims to advance on-chain finance and expand the crypto industry’s reach.