Monad Labs is accelerating the Ethereum Virtual Machine so that decentralized apps can eat the world. The EVM is the ubiquitous standard of web3; over 96% of all capital in DeFi is in EVM apps. In spite of this, EVM-compatible blockchains have extremely low throughput: Ethereum supports roughly 10 transactions per second, and no EVM rollup is over 50 tps. We are solving this problem with Monad, the performant Layer-1 blockchain that introduces parallel execution and superscalar pipelining to the EVM. Deep optimization is needed across all levels of the stack - from the database layer, to the virtual machine layer, to the consensus and networking layer - in order to streamline EVM transaction processing. Monad introduces these low-level optimizations, allowing consumer-grade hardware to deliver exceptional performance while maintaining a high degree of decentralization. We recently raised $225M in series A funding to scale our team in bringing the Monad blockchain to production.
View Top Employees from Monad LabsWebsite | https://www.monadlabs.xyz/ |
Employees | 36 (26 on RocketReach) |
Founded | 2022 |
Industry | Software Development |
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26 people are employed at Monad Labs.
Monad Labs is based in New York, New York.