BlackNodes LogoBlackNodes · Blog
Monad Blockchain 2025: Record $225M Funding, 10,000 TPS Testnet Launch, and 210+ Ecosystem Projects
analysis

Monad Blockchain 2025: Record $225M Funding, 10,000 TPS Testnet Launch, and 210+ Ecosystem Projects

Monad achieves $3B valuation with $225M funding, launches 10,000 TPS testnet, attracts 210+ projects. The most performant EVM-compatible Layer 1 blockchain targeting Q3 2025 mainnet.

Prashant Swami

Prashant Swami

Technical Writer

June 10, 2025
5 min read
#Monad Blockchain#Layer 1 Blockchain#EVM Compatibility#Parallel Execution#MonadBFT Consensus#10000 TPS#Blockchain Funding#Paradigm Investment#Testnet Launch#MonadDB#RaptorCast Protocol#DeFi Ecosystem

Bottom Line Up Front

Monad emerges as 2025's most funded and performant EVM-compatible blockchain

Monad Labs has secured a record-breaking $225 million Series A funding round led by Paradigm, achieving a $3 billion valuation. With its public testnet now live, delivering 10,000 TPS and 1-second finality, Monad is the first blockchain to reach Solana-level performance while remaining 100% EVM compatible.

Record-Breaking Funding and Valuation Milestone

$225M Series A sets new industry benchmarks

Funding Breakdown:

Series A: $225M

Seed: $19M

Total Raised: $244M

Valuation: $3B

Team pedigree drives investor confidence

Founders from Jump Trading bring HFT and distributed systems experience:

  • Keone Hon – MIT grad
  • Eunice Giarta – Distributed systems specialist
  • James Hunsaker – Blockchain infra expert

Public Testnet Launch: 10,000 TPS Becomes Reality

February 2025 testnet launch exceeds expectations

Testnet launched February 19, 2025

Achieved:

10,000 TPS

1-second block time

3.9M wallets, 110K+ contracts, 57 validators

Real-world stress testing validates architecture

Used real Ethereum tx data for DeFi, NFT, gaming, and bridge use cases.

Technical Architecture: Four Core Innovations

MonadBFT: Revolutionary consensus mechanism

2 communication rounds, O(n) linear scaling, MEV resistance with tail-forking protection.

Table 1.1

Table 1.1

Parallel execution engine transforms performance

Optimistic parallel execution with static analysis and conflict resolution for 1000s of concurrent EVMs.

MonadDB: Purpose-built for EVM optimization

Async I/O with Linux io_uring, only 32GB RAM required, optimized for EVM state access.

Table 1.2

Table 1.2

RaptorCast: Next-gen block propagation

Erasure coding-based propagation for linear bandwidth use even with hundreds of validators.

Ecosystem Explosion: 210+ Projects and Growing

DeFi protocols lead ecosystem adoption

65%+ of 210+ projects are DeFi.

Notables:

aPriori, Ambient, Kintsu, Elixir, Pike Finance

NFT and gaming momentum accelerates

Projects: Spiky Nads, Monadverse, ChogNFT

Games: Fantasy Top, Breath of Estova

Infrastructure and tooling projects

MonadPay, Telescope, Nodely, MonadScan

Strategic Partnerships and Infrastructure Support

Cross-chain connectivity and oracles

LayerZero, Wormhole, Hyperlane for interoperability

Chainlink, Pyth, Redstone for oracle services

Wallet and custodial support

Hex Trust as first custodian

Wallets: Phantom, OKX Wallet, MetaMask, Magic Eden

Foundation Launch and Governance Evolution

Monad Foundation establishes independence

Founded Dec 2024 to lead decentralization and ecosystem grants.

Progressive decentralization roadmap

ROADMAP

ROADMAP

Developer Programs Driving Innovation

Monad Madness: $1M global competition

$1M+ in prizes, 200+ submissions, 60+ VC judges

Comprehensive developer support

Programs:

Mach Accelerator

EVM/Accathon

$30M Ecosystem Investments

$1.2M Grants

Competitive Analysis: Monad vs Major Blockchains

Performance comparison across major metrics

Table 1.3

Table 1.3

Unique value proposition analysis

Vs Ethereum:

667x throughput

Full EVM compatibility

Sub-penny fees

Vs Solana:

Ethereum tooling

No outages

Easier dev onboarding

Vs L2s:

No bridge risk

Unified liquidity

Simple architecture

Mainnet Roadmap and Launch Timeline

Q1 2025 mainnet launch target

Launch plan:

Testnet (Feb 2025)

1B+ transactions processed (March-June 2025)

Testnet-2 validator program (Concludes August 2025)

Security audits + Token event (Q3 2025)

Mainnet launch (Expected August-September 2025)

Launch readiness indicators

Network:

99.9% uptime

10K TPS

50+ validators

Ecosystem:

150+ launch-ready apps

$50M+ liquidity committed

Investment and Risk Considerations

Strengths driving adoption

Proven 10,000 TPS performance

Strong team (Jump Trading background)

$244M funding

Growing ecosystem (210+ projects)

Challenges and risk factors

Mainnet scale untested

Engineering complexity

Competitive L1 landscape

Market timing & regulations

Key Takeaways for Developers and Investors

For developers: Why Monad matters

Benefits:

No contract rewrites

Ethereum tool compatibility

Pennyless gas, 667x TPS

Grants + VC access

Getting started:

Testnet: testnet.monad.xyz

Join community Discord

Apply for grants

Attend Monad Madness

For investors: Market opportunity

Solves EVM scalability

Timing advantage

Tier-1 team and VC support

Ecosystem lock-in

The future of EVM-compatible blockchains

Monad shows Solana-level speed + Ethereum compatibility is now real.
A breakthrough in Layer 1 design that could reshape developer expectations.