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Speedy EVM Blockchain Monad Goes Live on Mainnet

Mainnet is live with over half the supply locked and a broad set of applications already live.
Speedy EVM Blockchain Monad Goes Live on Mainnet
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Monad Monad launched its high-throughput EVM-compatible mainnet on Monday with over half the total MON token supply initially locked under vesting schedules.

What's the scoop?

  • Token Distribution: Raised $269M from 85,820 buyers for 7.5% of supply; an additional 3.3% went to users via airdrop (check your wallets).
  • Locked Supply: 50.6% of the 100B supply is locked across team, investors, and treasury, with quarterly unlocks from mid-2026 through 2029.
  • Performance Claims: Targets 10k+ TPS and ~400ms finality via parallel execution, MonadDb, and a custom validator protocol; client released under GPL-3.0.

Bankless Take:

While Monad enters an already crowded L1/L2 landscape where speed alone no longer guarantees success, the team has a wealth of tools in its arsenal, from top market makers to well-connected investors who will likely aid its growth. In honor of this new phase, there are a series of different campaigns live for mainnet apps, the full list of which is available on Monad’s website here. Take this with my colleague William Peaster’s list and you’ll have more than enough opportunities to test the chain’s capabilities. 

Culture Apps Coming to Monad on Bankless
A list of 30 apps you can try after the Monad mainnet activates.

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David Christopher

Written by David Christopher

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David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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