What is Monad (MON)?
Monad is a high-performance, Ethereum-compatible Layer-1 blockchain built to push EVM throughput to the next level. The network is engineered for around 10,000 transactions per second, ~0.4-second block times and ~0.8-second finality, while still supporting standard EVM bytecode and Ethereum tooling. Developers can deploy existing Ethereum dapps to Monad with minimal changes while benefiting from lower fees and higher capacity.
MON: the native token of the Monad network
The British Pound (GBP) is the official currency of the United Kingdom, issued by the Bank of England (BoE). As one of the world’s oldest and strongest currencies, GBP plays a significant role in global finance. In the crypto market, GBP is used for direct crypto purchases, and stablecoins like pound-backed GBPT offer digital alternatives.