# 5 Early Opportunities on Monad *Author: Jack Inabinet* *Published: Feb 19, 2025* *Source: https://www.bankless.com/fr/read/5-early-opportunities-on-monad-2* --- Monadโ€™s testnet is [officially live](https://x.com/monad_xyz/status/1892227817149997212), and with an [advertised](https://x.com/monad_xyz/status/1879222113472856335) 10,000 transactions per second, this EVM-compatible blockchain is anticipated to supercharge Ethereumโ€™s DeFi programs with high speeds to rival the performance of their Solana competitors. Is this the breakthrough moment that blue chip DeFi has been waiting for? *Find out for yourself by exploring these top five Monad-native opportunities before the rest of crypto catches on! ๐Ÿš€* ## ๐Ÿ’œ Perpl Trade [Website](https://perpl.xyz/) | [Twitter](https://x.com/perpltrade) Perpl Trade is a central limit order book (CLOB) perpetual futures exchange built for the high throughput enabled by Monad. The exchange intends to offer perps on a number of top crypto assets, including USDC, AVAX, SUI, DOGE, and ETH (among others). The Perpl team will utilize Monadโ€™s high throughput (i.e., fast block speeds) to โ€œoffer DeFi as it was originally envisionedโ€ by eliminating off-chain matching engines to create a fully verifiable, onchain exchange that is optimized for composability and capital efficiency. > Fully on-chain, best-in-class trading. No shortcuts.Meet Perpl, Monad's native pricing engine. Purpose-built for peak efficiency and composability, Perpl offers an unparalleled trading experience on Monad's parallel EVM. [pic.twitter.com/AF1TnzNUKi](https://t.co/AF1TnzNUKi)โ€” Perpl (@perpltrade) [January 9, 2025](https://twitter.com/perpltrade/status/1877369793713430970?ref_src=twsrc%5Etfw) ## ๐Ÿ—ผ Towne Square [Website](https://www.townesquare.xyz/) | [Twitter](https://x.com/TowneSquarexyz) Launching on Monadโ€™s testnet on day one, Towne Square is a DeFi abstraction hub that will allow users to bridge from multiple assets and chains to Monad protocols in one click, eliminating the need for third-party interfaces to provide access to everything in one place! Towne Square aims to become Monadโ€™s go-to abstraction hub for everything DeFi and will provide access to Monad-native primitives like liquid staking, exchanges, lending, and more. Upon launch, Towne Square will introduce unique NFTs, onchain domains, and testnet rankings. With a customizable onboarding flow, sharable data, and multi-wallet support, Towne Square aims to meaningfully accelerate adoption for all applications within the Monad ecosystem. > ๐—”๐—ป๐—ป๐—ผ๐˜‚๐—ป๐—ฐ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ง๐—ผ๐˜„๐—ป๐—ฒ๐—ฆ๐—พ๐˜‚๐—ฎ๐—ฟ๐—ฒ ๐— ๐—ผ๐—ป๐—ฎ๐—ฑ ๐—ง๐—ฒ๐˜€๐˜๐—ป๐—ฒ๐˜ ๐——๐—ฎ๐˜† ๐Ÿฌ๐Ÿญ ๐—น๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต - ๐˜„๐—ฒ๐—น๐—ฐ๐—ผ๐—บ๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐Ÿญ๐˜€๐˜ ๐—ช๐—ฒ๐—ฏ ๐Ÿฏ ๐—ฑ๐—ฎ๐—ฝ๐—ฝ ๐—ฎ๐—ฏ๐˜€๐˜๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ, ๐—ฝ๐—ผ๐˜„๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ป๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ๐—น๐˜† ๐—ผ๐—ป [@monad_xyz](https://twitter.com/monad_xyz?ref_src=twsrc%5Etfw)! TowneSquare DeFiโ€ฆ [pic.twitter.com/AMPIL24P72](https://t.co/AMPIL24P72)โ€” TowneSquare | dapp abstraction (@TowneSquarexyz) [February 18, 2025](https://twitter.com/TowneSquarexyz/status/1891681563429273670?ref_src=twsrc%5Etfw) ## ๐Ÿ“บ Mu Digital [Website](https://mudigital.net/) | [Twitter](https://x.com/MuDigitalHQ) Hot off its $600k Echo raise led by [CMSHoldings](https://x.com/cmsholdings) that sold out within nine minutes, Mu Digital aims to empower global stablecoin holders with access to Asia's top tokenized yield products. Promises of high returns, fast growth, and ample liquidity could make Asia the next frontier of digital asset adoption; the Mu Digital team hopes to use its expertise in Asian capital markets to provide onchain capital markets with access to high-quality investment opportunities. Mu Digitalโ€™s co-founders have a decade-long working relationship, dating back to their Merrill Lynch Singapore roots, and bring to the table longstanding Asian business relations โ€“ spanning from financial institutions to emerging businesses to established corporations. > Excited to announce our US$600K [@echodotxyz](https://twitter.com/echodotxyz?ref_src=twsrc%5Etfw) community round is filled. Initial allocation gone in 9 minutes ๐ŸคฏLed by the chads at [@cmsholdings](https://twitter.com/cmsholdings?ref_src=twsrc%5Etfw) + [@monad_xyz](https://twitter.com/monad_xyz?ref_src=twsrc%5Etfw) focused backers [@PurpleSlurping](https://twitter.com/PurpleSlurping?ref_src=twsrc%5Etfw) RWA for the people, by the people. Join the Yield Mu-vement. [pic.twitter.com/vVXYIN8FJ2](https://t.co/vVXYIN8FJ2)โ€” Mu Digital (@MuDigitalHQ) [February 17, 2025](https://twitter.com/MuDigitalHQ/status/1891480218272940455?ref_src=twsrc%5Etfw) ## ๐Ÿผ Kizzy [Website](https://kizzy.io/) | [Twitter](https://x.com/kizzymobile) Harkening back to Blastโ€™s sensational [fantasy.top](https://www.bankless.com/playing-fantasy-on-blast) trading card game (also [deploying](https://x.com/fantasy_top_/status/1892230558140244196) to Monad), Kizzy is a social media betting platform that will allow its users to bet on how influencers and celebrities will perform on popular social media platforms. While Kizzyโ€™s website was devoid of official information at the time of writing, the platform is [envisioned](https://x.com/notpopnad/status/1890779313164718428) to be a Monad equivalent to Polymarket, with a slick UI that will set it apart from alternative Web3 projects and create the standard for other mobile applications. > Episode 37: [@kizzymobile](https://twitter.com/kizzymobile?ref_src=twsrc%5Etfw) ๐ŸŸฃ Financialization of Social Media๐ŸŸฃ Why build on Monad๐ŸŸฃ GTM & Launch Plans[@T_H_Crypto](https://twitter.com/T_H_Crypto?ref_src=twsrc%5Etfw) <> [@intern](https://twitter.com/intern?ref_src=twsrc%5Etfw) <> [@opendanny](https://twitter.com/opendanny?ref_src=twsrc%5Etfw) [pic.twitter.com/viWlnuXqRS](https://t.co/viWlnuXqRS)โ€” The Pipeline (@pipeline_xyz) [January 22, 2025](https://twitter.com/pipeline_xyz/status/1882086636177277136?ref_src=twsrc%5Etfw) ## โ™พ๏ธ aPriori [Website](https://www.apr.io/) | [Twitter](https://x.com/apr_labs) Backed by leading crypto venture firms such as Pantera Capital, Yzi (f.k.a.; Binance) Labs, Consensys, and OKX Ventures, aPriori raised $10M in July 2024 to build MEV-powered liquid staking primitives for Monad. Similar to Solana-native Jito staking, aPriori aims to utilize priority gas payments made by Monad users to increase staking yields, hopefully increasing network validation participation to improve decentralization and strengthen consensus. > gMONAD.aPriori is now live on Monad testnet!Jump in and:โจ€ Claim MON from our team-run faucetโŒ˜ Stake MON and receive aprMONHereโ€™s how to qualify for the faucet:1. Be a real nad. ๐Ÿงต [pic.twitter.com/VRW1fYo3Ti](https://t.co/VRW1fYo3Ti)โ€” aPriori โŒ˜ (@apr_labs) [February 19, 2025](https://twitter.com/apr_labs/status/1892227904232149371?ref_src=twsrc%5Etfw) --- ## โžก๏ธ Still Early Monadโ€™s testnet just went live, and even though its ecosystem is brimming with novel applications intent on fulfilling end-user edge cases, true success will ultimately be measured by onchain adoption and requires users to bridge real capital onto an eventual mainnet. Thanks to Monadโ€™s full EVM compatibility, existing Ethereum applications can seamlessly unlock higher speeds by deploying to the L1. Itโ€™s still early to declare a winner, but Monad has certainly positioned itself as a serious contender in the race to become cryptoโ€™s top blockchain. ๐Ÿš€ > Monad Testnet is live.Try it out here: [https://t.co/QoJwPxRBTC](https://t.co/QoJwPxRBTC) [pic.twitter.com/Inzvzd5Xl1](https://t.co/Inzvzd5Xl1)โ€” Monad โจ€ (@monad_xyz) [February 19, 2025](https://twitter.com/monad_xyz/status/1892227817149997212?ref_src=twsrc%5Etfw)