💵Monad Devnet now live
Monad's Devnet - EVM compatible L1 Blockchain has reached 10,000 TPS on EVM environment. Monad will soon announce the Public Testnet and expected Mainnet later this year.
Monad Labs, co-founded by former Jump Trading developers.
Monad Labs previously raised $19 million in funding led by Dragonfly Capital following a $9 million pre-seed round in May 2022 and a $10 million seed round in December 2022. Earlier this week, there was reports that Monad Labs is preparing a $200 million funding round at a $3 billion diluted valuation led by Paradigm.
