The Monad pulse #001
Monad Ecosystem Updates, Oct 23-30
Building the Future of High-Performance Decentralization
The next-generation Layer 1 is taking shape. This week, Monad unveiled its MON airdrop, open-sourced its core protocols, and continued proving that 10,000 TPS and decentralization can coexist. With ecosystem partners like BitGo joining in and founder Keone Hon showcasing major technical milestones, the network is moving fast toward mainnet, open, performant, and built for builders.
What Is Monad
Monad is a high-performance, EVM-compatible Layer 1 blockchain built to merge Ethereum’s openness with Solana’s execution speed. Developed by Keone Hon and the Category Labs team, Monad introduces a fully parallelized architecture capable of processing 10,000+ transactions per second while remaining bytecode-compatible with the Ethereum Virtual Machine.
For developers, that means existing Solidity contracts can deploy on Monad without modification. For validators, it represents a new class of networks, where decentralization, throughput, and efficiency can coexist.
At Chainflow, we recently explored how Monad’s design choices—like decoupled execution and consensus, parallel transaction scheduling, and deterministic state updates, bake decentralization into its very architecture.
Read our deep dive.
MON Airdrop Launches Ahead of Mainnet
The Monad Foundation has officially launched the MON airdrop, marking the network’s first major community distribution ahead of mainnet. Eligible participants can now claim MON tokens through the official portal, with allocations designed to reward early builders, testnet contributors, and active community members. The airdrop is part of Monad’s broader decentralization roadmap, ensuring early token distribution supports long-term alignment between users, validators, and developers. The claim process will remain open for a limited period before the transition to mainnet.
Link.
Airdrop portal.
Keone Hon Showcases Monad’s Technical Milestones
Keone Hon, Co-Founder of Monad, shared an update highlighting the network’s rapid technical and ecosystem progress. Monad now runs a high-performance open-source C++/Rust codebase with MonadBFT consensus, achieving 400 ms block times, 800 ms finality, and 5,000–10,000 TPS across 186 validators. The post also mentioned innovations like Async Execution, MonadDB, and a native compiler, alongside over $100 million in ecosystem funding and initiatives such as DeltaV and Monad Momentum supporting founders and growth.
Link.
Monad Developers Open-Source Core Protocols
The Monad Dev team announced the open-sourcing of its core protocol repositories, now available on GitHub under monad-crypto/protocols. This release provides developers with full access to Monad’s foundational components, including consensus, execution, and state management modules. The move reinforces Monad’s commitment to transparency, verifiability, and open collaboration, allowing contributors and researchers to audit, test, and build directly on the network’s underlying architecture.
Source → https://x.com/monad_dev/status/1983261233546727546
BitGo in support to offer day one support for Monad on launch
BitGo has confirmed it will provide institutional-grade custody and wallet infrastructure for the upcoming MON token, strengthening Monad’s position ahead of its mainnet launch. Moreover, recently BitGo’s Head of Ecosystem, Jake, spoke with Monad CEO Keone Hon about how the next-generation Layer 1 achieves 10,000 TPS while preserving decentralization.
Monad Developers Open-Source Core Protocols
The Monad Dev team announced the open-sourcing of its core protocol repositories, now available on GitHub under monad-crypto/protocols. This release provides developers with full access to Monad’s foundational components, including consensus, execution, and state management modules. The move reinforces Monad’s commitment to transparency, verifiability, and open collaboration, allowing contributors and researchers to audit, test, and build directly on the network’s underlying architecture.
Link.