The company is looking to offer an Ethereum-compatible environment that's faster than the original. Monad Labs, which is looking to develop a faster version of the Ethereum blockchain, said it raised $225 million in a funding round led by Paradigm that will allow it to add staff and spend on bringing the test version of its blockchain into production. The layer-1 blockchain is compatible with the Ethereum Virtual Machine (EVM) that executes the rules of Ethereum and makes sure submitted transactions and smart contracts follow the rules. More than 96% of the capital invested in decentralized finance (DeFi) is processed by the EVM, Monad said in a post on Substack.
LIVE
Mkt Cap $2.30T
BTC Dom 56.65 %
BTC
$65,039.00
▲ +0.20%
ETH
$1,920.92
▲ +0.20%
USDT
$0.999373
▲ +0.00%
BNB
$604.79
▲ +2.20%
USDC
$0.999646
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.31
▲ +3.30%
TRX
$0.328789
▲ +0.40%
FIGR_HELOC
$1.01
▼ -2.90%
HYPE
$54.99
▼ -1.40%
DOGE
$0.071167
▲ +1.80%
USDS
$0.999774
▲ +0.00%
RAIN
$0.012654
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$507.00
▼ -1.10%
ADA
$0.200143
▼ -0.10%
XMR
$384.91
▲ +4.30%
WBT
$56.28
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.165698
▲ +3.20%
DAI
$0.999766
▲ +0.00%
BCH
$217.01
▲ +0.60%
USD1
$0.999592
▲ +0.00%
USDE
$0.999554
▲ +0.00%
GRAM
$1.36
▲ +1.50%
Mkt Cap $2.30T
BTC Dom 56.65 %
BTC
$65,039.00
▲ +0.20%
ETH
$1,920.92
▲ +0.20%
USDT
$0.999373
▲ +0.00%
BNB
$604.79
▲ +2.20%
USDC
$0.999646
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.31
▲ +3.30%
TRX
$0.328789
▲ +0.40%
FIGR_HELOC
$1.01
▼ -2.90%
HYPE
$54.99
▼ -1.40%
DOGE
$0.071167
▲ +1.80%
USDS
$0.999774
▲ +0.00%
RAIN
$0.012654
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$507.00
▼ -1.10%
ADA
$0.200143
▼ -0.10%
XMR
$384.91
▲ +4.30%
WBT
$56.28
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.165698
▲ +3.20%
DAI
$0.999766
▲ +0.00%
BCH
$217.01
▲ +0.60%
USD1
$0.999592
▲ +0.00%
USDE
$0.999554
▲ +0.00%
GRAM
$1.36
▲ +1.50%
BTC
$65,039.00
▲ +0.20%
ETH
$1,920.92
▲ +0.20%
USDT
$0.999373
▲ +0.00%
BNB
$604.79
▲ +2.20%
USDC
$0.999646
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.31
▲ +3.30%
TRX
$0.328789
▲ +0.40%
FIGR_HELOC
$1.01
▼ -2.90%
HYPE
$54.99
▼ -1.40%
DOGE
$0.071167
▲ +1.80%
USDS
$0.999774
▲ +0.00%
RAIN
$0.012654
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$507.00
▼ -1.10%
ADA
$0.200143
▼ -0.10%
XMR
$384.91
▲ +4.30%
WBT
$56.28
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.165698
▲ +3.20%
DAI
$0.999766
▲ +0.00%
BCH
$217.01
▲ +0.60%
USD1
$0.999592
▲ +0.00%
USDE
$0.999554
▲ +0.00%
GRAM
$1.36
▲ +1.50%
Mkt Cap $2.30T
BTC Dom 56.65 %
BTC
$65,039.00
▲ +0.20%
ETH
$1,920.92
▲ +0.20%
USDT
$0.999373
▲ +0.00%
BNB
$604.79
▲ +2.20%
USDC
$0.999646
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.31
▲ +3.30%
TRX
$0.328789
▲ +0.40%
FIGR_HELOC
$1.01
▼ -2.90%
HYPE
$54.99
▼ -1.40%
DOGE
$0.071167
▲ +1.80%
USDS
$0.999774
▲ +0.00%
RAIN
$0.012654
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$507.00
▼ -1.10%
ADA
$0.200143
▼ -0.10%
XMR
$384.91
▲ +4.30%
WBT
$56.28
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.165698
▲ +3.20%
DAI
$0.999766
▲ +0.00%
BCH
$217.01
▲ +0.60%
USD1
$0.999592
▲ +0.00%
USDE
$0.999554
▲ +0.00%
GRAM
$1.36
▲ +1.50%
