# Monad's Early Opportunities

*Author: Bankless*
*Published: Feb 19, 2025*
*Source: https://www.bankless.com/read/monads-early-opportunities*

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Monad's Early Opportunities

  
  Published on Feb 19, 2025

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
Monad is Here
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/02/Group-14---2025-02-19T155450.129.png)](https://www.bankless.com/dashboard)- 🟣 **Buzzy Monad Blockchain Launches Public Testnet. **The EVM-compatible chain [took a big step](https://www.bankless.com/read/buzzy-monad-blockchain-launches-public-testnet) toward its eventual public debut.
- 🇳🇬 **Nigeria Demands Binance Pay $81 Billion Penalty. **Nigeria [escalates](https://www.bankless.com/read/nigeria-demands-binance-pay-81b-penalty) its regulatory war on Binance.
- 🇺🇸** Binance.US Restores USD Deposits. **For the first time since 2023, Binance's independent U.S. arm is [allowing U.S. bank transfers](https://www.bankless.com/read/binance-us-ragain).
📸**Daily Market Snapshot: **Even as the S&P 500 smoked a new all-time closing high, BTC continues to languish through what has been an extremely flat February for the asset.

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.17T
       

  
    
    ↗ 2.5% 
    
  

   
    
    ↘ 1.6%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $96,421
       

  
    
    ↗ 1.3% 
    
  

   
    
    ↘ 1.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,725
       

  
    
    ↗ 2.7% 
    
  

   
    
    ↗ 1.5%  

 

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ANALYSIS

  
  

5 Early Opps on Monad

  
  
   
     
     Bankless Author: 
     
       [
       
Jack Inabinet](https://www.bankless.com/author/jack)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/02/image---2025-02-19T154001.423.png)](https://www.bankless.com/read/5-early-opportunities-on-monad-2)Monad’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 Ethereum’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! 🚀*

## 💜 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 Monad’s high throughput (i.e., fast block speeds) to “offer DeFi as it was originally envisioned” 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)— Perpl (@perpltrade) [January 9, 2025](https://twitter.com/perpltrade/status/1877369793713430970?ref_src=twsrc%5Etfw)

## 🗼 Towne Square
[Website](https://www.townesquare.xyz/) | [Twitter](https://x.com/TowneSquarexyz)

Launching on Monad’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 Monad’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, shareable data, and multi-wallet support, Towne Square aims to meaningfully accelerate adoption for all applications within the Monad ecosystem.

> 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗧𝗼𝘄𝗻𝗲𝗦𝗾𝘂𝗮𝗿𝗲 𝗠𝗼𝗻𝗮𝗱 𝗧𝗲𝘀𝘁𝗻𝗲𝘁 𝗗𝗮𝘆 𝟬𝟭 𝗹𝗮𝘂𝗻𝗰𝗵 - 𝘄𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝘁𝗵𝗲 𝟭𝘀𝘁 𝗪𝗲𝗯 𝟯 𝗱𝗮𝗽𝗽 𝗮𝗯𝘀𝘁𝗿𝗮𝗰𝘁𝗶𝗼𝗻 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲, 𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝗻𝗮𝘁𝗶𝘃𝗲𝗹𝘆 𝗼𝗻 [@monad_xyz](https://twitter.com/monad_xyz?ref_src=twsrc%5Etfw)! TowneSquare DeFi… [pic.twitter.com/AMPIL24P72](https://t.co/AMPIL24P72)— TowneSquare | dapp abstraction (@TowneSquarexyz) [February 18, 2025](https://twitter.com/TowneSquarexyz/status/1891681563429273670?ref_src=twsrc%5Etfw)

## 📺 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 Digital’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 – 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 🤯Led 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)— Mu Digital (@MuDigitalHQ) [February 17, 2025](https://twitter.com/MuDigitalHQ/status/1891480218272940455?ref_src=twsrc%5Etfw)

## 🐼 Kizzy
[Website](https://kizzy.io/) | [Twitter](https://x.com/kizzymobile)

Harkening back to Blast’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 Kizzy’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) 🟣 Financialization of Social Media🟣 Why build on Monad🟣 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)— The Pipeline (@pipeline_xyz) [January 22, 2025](https://twitter.com/pipeline_xyz/status/1882086636177277136?ref_src=twsrc%5Etfw)

## ♾️ 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:⨀ Claim MON from our team-run faucet⌘ Stake MON and receive aprMONHere’s how to qualify for the faucet:1. Be a real nad. 🧵 [pic.twitter.com/VRW1fYo3Ti](https://t.co/VRW1fYo3Ti)— aPriori ⌘ (@apr_labs) [February 19, 2025](https://twitter.com/apr_labs/status/1892227904232149371?ref_src=twsrc%5Etfw)

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## ➡️ Still Early
Monad’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 Monad’s full EVM compatibility, existing Ethereum applications can seamlessly unlock higher speeds by deploying to the L1. It’s still early to declare a winner, but Monad has certainly positioned itself as a serious contender in the race to become crypto’s top blockchain. 🚀

> Monad Testnet is live.Try it out here: [https://t.co/QoJwPxRBTC](https://t.co/QoJwPxRBTC) [pic.twitter.com/Inzvzd5Xl1](https://t.co/Inzvzd5Xl1)— Monad ⨀ (@monad_xyz) [February 19, 2025](https://twitter.com/monad_xyz/status/1892227817149997212?ref_src=twsrc%5Etfw)

[Read This on Bankless](https://www.bankless.com/read/5-early-opportunities-on-monad-2)
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