Key Takeaways

The highly anticipated Monad mainnet is about to launch. With its high-performance technology stack based on EVM, Monad has attracted the attention of investors and retail users. Although Monad is fully compatible with EVM, it is expected to provide a smoother and more scalable user experience.

With its cutting-edge technology, Monad can support new decentralized applications (dApps) that other EVM networks cannot achieve. There are already many dApps in the Monad ecosystem, but this article will delve into those that are truly native to Monad.

1. The Long-Awaited Launch of Monad

1.1 The Secret Behind Monad's Popularity

On October 14, Monad officially announced the launch of its airdrop claiming portal, generating great excitement among users. This is not surprising, as Monad had already attracted significant attention since its seed round announcement in Q1 2023. However, it has been two and a half years since the seed round, and the mainnet is finally approaching launch.

The popularity of Monad stems from multiple reasons, including investments from well-known VCs and a unique community culture, but the core lies in its technology. At that time, building and implementing parallel EVM was an ambitious goal, which alone was enough to attract investors, communities, and users.

Mond is a high-performance, EVM-compatible L1 network with the following technical features:

MondBFT: An optimized Byzantine Fault Tolerance (BFT) consensus algorithm that achieves 10,000 transactions per second (TPS) and sub-second finality even in environments with hundreds of consensus nodes. Unlike traditional BFT systems, MondBFT reaches a "near-final" state in a single round of consensus.

RaptorCast (RaptorCast): A method that allows main validators to efficiently transmit large blocks to other validators. Main validators use erasure coding to split block proposals into multiple parts, which are first sent to non-main validator nodes, then further propagated by these nodes. This reduces the load on main validators while ensuring security, as erasure coding can recover data from partial blocks.

Asynchronous Execution: In most blockchains, consensus and execution are bundled together, leading to inefficiency. Mond separates them, allowing nodes to first agree on transaction order before executing, thereby leaving sufficient processing time.

Parallel Execution: Mond uses optimistic execution, processing transactions in parallel first and only re-executing those that conflict.

MondDb (MondDb): Unlike Ethereum's structure, MondDb is based on Merkle Patricia Trie, supporting direct access to Trie nodes, asynchronous handling of read and write requests, optimizing parallel execution, and supporting features such as file system bypass and concurrency control.

Through these core optimizations, Mond achieves excellent scalability, making dApps that other EVM networks cannot achieve possible. Combined with its full EVM compatibility, Mond provides developers with an excellent development environment, allowing them to freely build various applications without worrying about scalability limitations.

1.2 The Monad Ecosystem: Built for Monad

So, as the Monad mainnet is about to launch, what services can users expect in its ecosystem? As of October 11, 2025, the Monad ecosystem directory lists 293 dApps, including well-known projects such as 0x, Balancer, Euler, Farcaster, Lombard, Magic Eden, OpenSea, Pancake Swap, Stargate, StakeStone, Uniswap, and Wormhole.

However, Monad is very different from existing blockchain networks, so we can expect more unique and innovative services to emerge on the Monad network. This article will explore some of the notable dApps in the Monad ecosystem, as well as the winning projects from the Monad accelerator program and hackathons.

Here is a quick summary of some dApp categories and their representative projects; interested readers can scroll down to view detailed information:

· Staking: aPriori, FastLane Labs, Magma, Kintsu

· Spot DEX: Kuru, Clober, Crystal, Capricorn

· Perpetuals DEX: Drake, Celeris, Narwhal Finance, Perpl, Monday Trade

· Aggregators: Monorail, Mace

· Lending: Townsquare, Modus, Curvance

· New DeFi: Likwid, Timelock, Touch Market

· Prediction Markets: Opinion Labs, Buzzing App, Kizzy, Levr.Bet, RareBetSports, Narrative, Hyperthesis

· Trading Terminal/Robots: SEER, ChainPro, KiSignals, mevX, Mona Trading Bot

· Meme Coin Launchpad: CULT, Alloca, nad.fun

· Gaming: Lumiterra, Omnia, LootGo

· Artificial Intelligence: Fortytwo, Symphony, TypeX, AMMO AI, Rayvo

· NFT: Chog, lil chogstars, Monadverse, Purple Frens, Poply

· RWA: Zona, BlockStreet, Mu Digital

2. Notable dApps in the Monad Ecosystem

2.1 aPriori

Source: aPriori

aPriori is the most famous liquid staking protocol in the Monad ecosystem. Users can stake MON and receive liquid staking tokens aprMON. aprMON not only earns regular PoS staking rewards but also captures MEV revenue generated by the network and distributes it to users.

Due to Monad's high scalability, the network will process a large number of transactions, naturally creating many MEV opportunities. Unlike traditional EVM, which processes transactions one by one, the Monad EVM adopts parallel processing, making the way of capturing MEV quite different. aPriori deeply understands this and proposed the concept of probabilistic MEVA.

aPriori raised $2 million in seed funding from Hashed and Arrington Capital in 2023, $8 million from Pantera, Consensys, and Flow Traders in July 2024, and an additional $20 million from Pantera, HashKey, and IMC Trading in August 2025. This makes it one of the best-funded dApps in the Monad ecosystem. Users can stake MON on the testnet to get aprMON and use it in various DeFi protocols.

2.2 FastLane Labs

Source: FastLane Labs

FastLane Labs provides staking and MEV-related infrastructure for the Monad ecosystem, mainly including:

· shMONAD: A liquid staking protocol for Monad based on FastLane's MFL and Atlas technologies, which not only extracts MEV revenue but also ensures that the revenue flows back to ecosystem participants.

· shBundler: A bundler designed for the ERC-4337 account abstraction standard, integrating the bundler's functionality directly into the validation nodes.

· shMonad RPC: High-performance Monad RPC infrastructure that allocates network bandwidth based on the amount staked. Users with more shMON can obtain higher bandwidth and lower latency, thus preventing network congestion and Sybil attacks.

FastLane Labs not only runs a liquid staking protocol but also helps users interact more efficiently and fairly with the network by building core infrastructure. The project has received $6 million in strategic investment from Coinbase Ventures, Figment Capital, DBA, Robot Ventures, Hashkey, Chorus One, and Kiln. Users can stake MON on the testnet to get shMON and use it in various DeFi applications.

2.3 Kuru

Source: Kuru

Kuru is a fully on-chain order book trading platform on Monad, aiming to become a trading hub. Thanks to the high scalability of the Monad EVM, Kuru is able to realize on-chain order book trading. Kuru not only uses a centralized limit order book (CLOB), but also combines AMM liquidity to ensure smooth trading even when certain market liquidity is low.

Kuru offers two modes: Lite mode and Pro mode. In Pro mode, users can trade different tokens through the order book and provide liquidity; in Lite mode, users can easily use the order book liquidity for token trading through a simple exchange interface.

In July 2025, Kuru successfully raised $11.6 million from Paradigm, Electric Capital, and Credibly Neutral. Users can now try the simple exchange function through the Lite mode on the testnet, explore the Pro mode trading interface, and even experience providing liquidity to the order book.

2.4 Others

Other notable projects in the Monad ecosystem include (for reference, protocols not covered in section 2.4 will be discussed in the next section):

Staking

· Kintsu: A liquid staking protocol where users can stake MON and receive sMON as a reward.

· Magma: A liquid staking protocol where users can stake MON to mine gMON. The protocol offers MEV-enhanced yields and uses distributed validator (DV) technology, allowing multiple participants to share the responsibilities of validation nodes.

Spot DEX

· Crystal: A chain-based order book (CLOB) decentralized exchange, with all transactions processed directly on-chain through smart contracts.

· Capricorn: Capricorn combines oracle-based private pools with CPMM/CLMM liquidity pools, aiming to combine the efficiency of CLOB with the composability of AMM.

· Monday Trade: A decentralized exchange (DEX) that provides a user experience similar to centralized exchanges (CEX) through a hybrid CLOB/AMM architecture, supporting trading of multiple tokens.

Perpetuals DEX

· Narwhal Finance: A perpetual order book decentralized exchange based on Monad, supporting aprMON as collateral and enabling trading of synthetic assets such as stocks, indices, and foreign exchange.

· Perpl: A perpetual futures decentralized exchange based on CLOB, fully leveraging the exceptional scalability of Monad for construction. In May 2025, the project raised $9.25 million from Dragonfly, Ergonia, and Brevan Howard.

Aggregators

· Mace: A native DEX aggregator for Monad, routing trades between multiple DEXs to find the optimal trading path.

Lending

· Townsquare: A lending protocol in the Monad ecosystem, which was a finalist in the Monad Madness competition.

· Modus: Positioned as a chain-based prime broker, Modus is a native lending protocol within the Monad ecosystem. Modus not only provides simple lending services but also offers modular features such as vaults and delta-neutral strategies. The project has received investment from Yzi Labs.

· Curvance: Users can take out loans on Curvance using various assets within the Monad ecosystem as collateral.

New DeFi:

· Timelock: A protocol based on Uniswap V3 liquidity, offering swap and trading functions and supporting a leveraged trading experience without liquidation. Future plans include additional services such as futures, options, and meme tokens.

· Touch Market: A protocol offering a new trading experience, allowing users to set price and time ranges on charts. If the price "touches" that level, users can profit. It provides an intuitive investment interface and stands out with a trading function featuring up to 1000x leverage.

Prediction Markets

· Opinion Labs: One of the most popular prediction markets in the Monad ecosystem, which raised $5 million in seed funding from YZi Labs, Animoca, and Amber.

· Narrative: A prediction market aiming to allow users to trade or invest in assets based on narratives and emerging trends.

· Hyperthesis: Although limited information has been released so far, this project appears to be developing a prediction market within the Monad ecosystem.

Trading Terminal/Robots

· MevX : A multi-chain trading terminal focused on meme and alpha tokens. It offers features such as sniper and copy trading and plans to support the Monad mainnet.

· Mona Trading Bot: A trading robot specifically designed for the Monad ecosystem.

Meme Coin Launchpad

· Nad.fun: A meme launch platform and trading platform with a simple interface, similar to pump.fun, making it easy for anyone to use.

Gaming

· Lumiterra: A multiplayer open-world survival-building game where players can explore the world through activities such as collecting, crafting, fighting, and farming.

· Omnia: A game native to Monad combining adventure and pet-based combat gameplay.

· LootGo: A mobile application that allows users to earn money while walking, providing a gamified experience similar to Pokémon GO.

NFT

· Poply: An NFT marketplace focusing on the Monad community.

RWA

· Zona: Supports the issuance and trading of real-world asset tokens or synthetic assets, which can also be used as collateral for loans.

· Block Street: Builds on-chain execution and lending infrastructure for tokenized stocks, providing an RFQ system and risk engine. In October 2025, the project raised $11.5 million from HackVC, DWF, and other investors.

Others

· Accountable: A real-time financial verification protocol that allows companies, protocols, and stablecoins to share transparent asset and liability information while maintaining privacy.

3. Selected Projects from the Official Blog of Monad

Mond has introduced multiple projects through five articles on its official blog, which have gained attention due to being recommended by the Monad official platform. Here are detailed introductions to these projects:

3.1 Fortytwo

Fortytwo is a decentralized artificial intelligence network built on Monad. It runs multiple small language models (SLMs) on consumer-grade hardware simultaneously and combines their outputs through a consensus process to generate the final reasoning results. In short, Fortytwo aims to build a more powerful AI system by connecting multiple small models.

Using multiple small SLMs instead of a single large language model (LLM) is not a new approach. This method has been widely applied in AI research. For example, autonomous driving systems are typically not built by a single large AI model but by multiple specialized submodules that handle specific tasks, forming a more complete system.

Source: Fortytwo Whitepaper

Fortytwo works relatively simply. When users send queries to the network, participating nodes independently generate answers and evaluate each other's responses. The answer with the highest score becomes the final consensus result. To ensure fairness, all answers are encrypted before submission and decrypted afterward. Additionally, to prevent Sybil attacks, nodes must stake a certain amount of tokens to participate. Monad is used as the coordination layer for settlement and reward distribution.

In March 2025, Fortytwo successfully raised $2.3 million in pre-seed financing from Big Brain Holdings, CMT Digital, EV3, Chorus One, and Mentat Group, and any user with a decent home desktop computer can run a node.

As of the testnet phase, there are already 739 active nodes on the network. For users interested in the Monad AI ecosystem, running a Fortytwo node after the mainnet of Monad and Fortytwo is launched will be a good experience.

3.2 Multisynq

Multisynq aims to build a new internet protocol for real-time synchronization. Currently, there is no standardized protocol for real-time synchronization, so applications such as game servers and video conferencing tools must build their solutions from scratch. In a centralized client-server architecture, the server handles all computations, creating a single point of failure.

Source: Multisynq

Multisynq solves this problem by eliminating the server-centric structure. Instead, each user's device executes the application logic locally, and the synchronization nodes in the Multisynq network are responsible for coordination. Synchronization nodes do not store data and cannot read the content of encrypted messages, only managing synchronization.

Multisynq's real-time synchronization protocol fills an important gap in the modern internet. When combined with blockchain, it can help build a truly decentralized network. This could one day make it possible to run large-scale applications like MMORPGs (Massively Multiplayer Online Role-Playing Games) that support tens of thousands of players, or map services based on real-time traffic data from millions of users. Multisynq is the synchronization layer in this decentralized internet and plans to integrate the Monad blockchain to handle synchronization states and registries.

In April 2024, Multisynq raised $2.2 million in seed funding from Manifold Trading and Republic Capital. In February 2025, it raised $350,000 through a community fundraising event hosted by Echo. Users can currently run synchronization nodes and earn points.

3.3 Likwid

Likwid is a DeFi protocol built on Monad that combines automated market maker (AMM) and lending functionalities within a single system, allowing users to provide liquidity, borrow other assets, or open long and short positions on a single platform. The most significant feature of Likwid is that it enables these functions without relying on centralized exchanges, oracles, or counterparties.

Traditionally, opening a short position on a new token using DeFi protocols is very difficult. Users need to deposit collateral into a lending protocol, borrow the token, and sell it. However, new tokens often lack oracle data or are not supported by lending protocols. Even if they are supported, liquidity is usually low.

Source: Likwid

In Likwid, the liquidity pool itself acts as both the market and the lending platform, serving as the counterparty. Liquidity providers not only provide liquidity and earn fees as in an AMM DEX but also act as lenders and derivative liquidity providers simultaneously.

For example, in the MON/LIKWID liquidity pool, users can deposit MON as collateral and perform a short operation on LIKWID in one step. This process involves borrowing and selling the LIKWID token.

After the Monad mainnet launches, users will be able to perform basic operations such as token swapping, liquidity provision, and lending on Likwid and open long or short positions on new tokens to seize early-stage ecosystem trading opportunities.

3.4 Clober

Source: Clober

Clober is a fully on-chain order book decentralized exchange (DEX) built on Monad. In addition to Monad's scalability, the protocol introduces its unique LOBSTER (Efficient Order Book Based on Segment Trees) mechanism, achieving efficient and gas-efficient order matching.

Building a chain-based order book on EVM faces many technical challenges. For example, when a user places a buy order, it must match with multiple sell orders sequentially. Processing these operations with for loops or similar structures consumes a lot of gas. LOBSTER solves this issue by deferring execution: each sell order covers a specific price range, and the system decides whether to match based on the size of the buy order. Sellers then settle the transaction.

For large market orders that need to scan multiple price levels, chain-based order books are typically inefficient. LOBSTER uses a tree-based data structure to search only actual price levels with orders, improving performance and gas efficiency.

Through these innovations, Clober achieves AMM-level efficiency and CEX-level precision within on-chain limits. Leveraging Monad's scalability, it builds an advanced structure that can rival centralized exchanges. Users can trade tokens, place limit orders, and provide liquidity directly on the Clober platform.

3.5 Drake

Source: Drake

Drake is a fully on-chain perpetual contract decentralized exchange (DEX) built on Monad, aiming to provide CEX-level performance while retaining DeFi's transparency and composability. Drake's order book, matching engine, risk engine, and vault are all run on-chain.

Thanks to Monad's scalability, Drake can fully on-chain every component of the order book. Its parallel execution and low transaction costs enable it to efficiently match a large number of orders and update states, achieving a true on-chain perpetual contract DEX.

Drake also stands out with its hybrid order book model. It primarily uses on-chain liquidity, but when on-chain liquidity is insufficient, it can draw from AMM liquidity to ensure deeper overall liquidity.

Drake has not yet received venture capital funding and has adopted a community-driven approach, which is becoming a popular trend among new perpetual contract DEXs. Monad users have already been able to try Drake on the testnet.

3.6 Celeris

Source: Celeris

Celeris is a trading platform based on a new order book PLOB (Parallelized Liquidity Order Book). In a CLOB system, liquidity is dispersed across separate markets, whereas in a PLOB, a shared liquidity pool supports all markets, greatly increasing capital efficiency.

Because PLOB provides deeper liquidity than CLOB, traders experience smaller slippage. For liquidity providers, this model is more beneficial because the same total value locked (TVL) can be distributed across more markets, resulting in higher overall fees.

Implementing PLOB requires real-time management and synchronization of many market states, which is extremely complex on-chain. However, Monad's parallel EVM and MonadDB enable it to process transactions in parallel and efficiently manage multiple markets, providing the perfect environment for PLOB operation.

Users can deposit Monad testnet tokens into Celeris to trade perpetual contracts across multiple markets and also try liquidity provision and lending functions.

4. Hackathon Winning Projects

Mond is known for its strong community and support for early-stage projects in the ecosystem. Through various accelerator programs and hackathons, Mond has provided resources and exposure opportunities for many new teams.

Although most of the teams participating in these projects are still in the early stage, the projects that won in the official events of Monad are definitely worth watching. Let's quickly browse some of them.

4.1 Monad Founder Residency Program

Source: Monad

The Monad Founder Residency Program is a three-week sprint project targeting early-stage crypto startups building on the Monad blockchain ecosystem. After the three-week sprint, participating teams have the opportunity to present their projects to global venture capital firms on demo day. The program provides growth activities, user retention strategies, mentorship, and network support to help startups scale in multiple aspects.

Currently, the program has held two sessions, each selecting up to ten projects. Here is a brief introduction to the selected projects:

First Session

Symphony: Helps users optimize trading strategies and explore investment opportunities across different networks through Symphony AI agents.

Chog NFT: An NFT project based on the Monad mascot character Chog, receiving strong community support.

Meow Finance: A vault protocol on Monad that tokenizes locked vault assets into NFTs, allowing them to be used elsewhere.

Zona Finance: A platform introducing RWA to the chain, focusing on real estate investment and allowing users to borrow stablecoins using these assets as collateral.

Monorail: A native Monad exchange aggregator that allows users to trade assets through the optimal route.

The Vape Labs: A DePIN project centered around smart e-cigarettes, using a health-focused e-cigarette earning model.

Rayvo: A Web3 smart glasses project, adopting a "earn by wearing" model, where users can earn tokens by wearing the glasses and providing POV data usable for AI or on-chain systems.

Fans3 AI: A platform allowing creators to build and operate emotional intelligent AI characters, which can interact with fans and generate income.

Second Session

TypeX Keyboard: A project creating an AI and Web3-friendly smart keyboard, directly connecting the typing interface to AI and Web3 services.

Sonzai Labs: A studio combining Web3, AI, and games to create immersive experiences, developing mini-games on Telegram.

Buzzing App: A prediction market based on opinions, where users can bet on questions such as "Will ETH exceed $10,000 by December?"

Agra: A protocol allowing users to trade, lend, and invest using assets across multiple networks.

SEER: A trading platform integrating market insights, social trends, and trading tools.

Yap.market: A marketplace connecting content creators (yappers) and projects.

Kizzy: A social media prediction platform based on Monad, where users can bet on metrics such as YouTube video views or influencer follower growth.

Rug Rumble: A GameFi project on Monad where two players bet on memecoins and battle in a card game.

CULT: A memecoin trading platform that allows easy launching and trading of new memecoins on Monad, with a reputation system for selective pre-sales.

Mu Digital: A platform investing in tokenized real-world assets (RWA) in the Asian region, supported by UOB, Signum Capital, and CMS.

Levr.Bet: A blockchain-based leveraged sports betting platform on Monad. As the prediction market heats up, LEVR.BET stands out by offering up to 5x leverage.

4.2 Monad Madness

Source: Monad

Mond Madness is a pitch competition aimed at global developers and startups, seeking to discover and support innovative projects within the Monad ecosystem. The prize pool reaches $1 million, and through partnerships with multiple venture capital firms, it offers up to $60 million in potential venture capital opportunities.

Mond Madness has been held in New York, Bangkok, and Hong Kong so far. Let's look at the top three projects in each event.

New York

· EarnOS (1st Place)

EarnOS is the first application built on the blockchain payment orchestration protocol OS (OpenSystem). It is a reward and advertising platform aimed at solving the inefficiencies of the traditional advertising market. Although traditional advertising markets have high click-through rates and exposure, the actual effectiveness is unclear, and consumers are merely targeted. On EarnOS, brands can directly publish tasks to users, who can immediately receive rewards such as USDC upon completing the tasks. Users can register on the EarnOS platform and participate in various activities to earn points.

· ChainPro (2nd Place)

ChainPro is a blockchain trading terminal formerly known as SauceGG. It allows users to trade various assets across multiple networks on a single platform. With its excellent UI/UX and zero fees, ChainPro makes memecoin trading more convenient. It plans to support the Monad mainnet, which will make trading assets including memecoins from the Monad ecosystem more convenient.

· LEVR.BET (3rd Place)

See the second session of the Monad Founder Residency Program.

Bangkok

· RareBetSports (1st Place)

RareBetSports is a Web3-based sports betting prediction market and a native dApp on Monad. Its uniqueness lies in the fact that users can form lineups consisting of 2 to 7 players and predict each player's performance, adding a strong strategic element.

· Kizzy (2nd Place)

See the second session of the Monad Founder Residency Program.

· SparkBall (3rd Place)

SparkBall is a PC-based 4v4 sports and combat hybrid game where players need to score goals in battles against opponents.

Hong Kong

· AMMO AI (1st Place)

AMMO AI is a project building a large-scale multi-agent system on Web3. It creates a reinforcement learning environment where multiple agents can interact and learn autonomously. The project has received investment from AMBER and Samsung Next.

· GM Network (2nd Place)

GM Network is developing a mobile-based AI super app that provides chat services driven by agents.

· TypeX (3rd Place)

See the second session of the Monad Founder Residency Program.

4.3 Monad evm/accathon

Source: Monad

Mond evm/accathon is a hybrid hackathon held during ETH Denver, including offline and online tracks. The event focuses on innovative solutions utilizing the high-performance EVM architecture of Monad. Five projects won in the evm/accathon:

· KiSignals (1st Place)

KiSignals is developed by the KiFi team, a Telegram alpha-call aggregator that allows users to trade tokens based on social data. KiFi is a mobile trading and SocialFi platform built on Monad, and users can currently sign up for the test version waiting list.

· StageFun (2nd Place)

StageFun is developed by the Blocklive team, an activity crowdfunding platform.

· OwnPay (3rd Place)

OwnPay is a payment service that supports instant on-chain transactions between devices.

4.4 Monad Mach 2: NFT

Source: Monad

Mond Mach 2 is an accelerator project designed for NFT builders in the Monad ecosystem, providing one-on-one guidance, workshops, and masterclasses. A total of 80 NFT projects were selected, and the complete list can be found in the official post on Monad Eco X. Here are some notable projects:

· Monad Nomads NFT: One of the early OG NFT projects in the Monad ecosystem, starting in February 2023. It obtained whitelist eligibility through various community activities.

· Monadverse: An NFT series centered around Monanimals characters, released in chapters. It collaborates with over 40 other projects for events and is one of the core NFT projects in the Monad ecosystem.

· skrumpeys: An NFT collection with cute pets, containing 500 Skrumpets NFTs. The team also teased a rare DN NFT collection, which will be limited to 135 in the future.

· lil chogstars, Chog: Popular PFP projects in the Monad ecosystem, inspired by the Chog character.

Breath of Estova: A 2D MMORPG built on Monad, allowing players to use NFTs from other projects as in-game skins.

Purple Frens: An NFT series issued by the Alloca token issuance platform on Monad. It has raised $2.5 million from CMS and Cogitent. Holders are expected to enjoy benefits such as revenue sharing, pre-sale access, and platform perks.

4.5 Monad Momentum

Source: Monad

Mond Momentum is an incentive program aimed at accelerating early growth in the ecosystem. Unlike traditional funding systems, it uses a matching incentive model. This means that when selected projects invest their own resources, the program matches additional support.

Previously, many L1 and L2 ecosystems operated through funding programs or ecosystem funds but failed to establish meaningful dApp ecosystems. However, Monad has drawn valuable lessons from its previous projects, such as the Founder Residency Program, evm/accathon, and Monad Madness. Based on these experiences, Monad aims to reward projects that make actual contributions to the ecosystem and cultivate a sustainable, high-quality dApp environment after the mainnet launch.

The selection criteria for Mond Momentum are very strict:

1. The project must already be running on the Monad testnet or be ready to deploy to the mainnet.

2. The project must have completed or scheduled a security audit.

3. The project must prove its operational sustainability.

4. The project must have meaningful user metrics.

The complete list of selected projects for Mond Momentum has not been announced yet, but since MON incentives will be distributed to users of these dApps after the mainnet launch, it is worth closely following updates on Mond Momentum.

Final Thoughts

From Bitcoin and Ethereum to subsequent numerous L1 and L2 networks, some have succeeded, while others have not met expectations. So, what determines success? Although technology and user or developer experience are important, the most critical factor is building a vibrant and sustainable dApp ecosystem. Monad is no exception.

Ethereum made smart contracts possible. Solana supports high-performance applications that Ethereum cannot handle. The biggest advantage of Monad is its "high-performance EVM," and its success depends on whether it can launch enough demanding, performance-intensive EVM applications to attract users.

Looking at the current Monad ecosystem, we can draw several key insights:

Projects that fully utilize Monad's performance: Many existing dApps in the ecosystem, such as order book DEXs and meme coin launch platforms, fully utilize Monad's parallel execution capabilities and MonadDb features. Interestingly, while other ecosystems are mainly dominated by AMM-based DEXs, Monad's scalability makes more CLOB (on-chain order book) DEXs possible. Beyond trading, industries such as social, gaming, and streaming may also thrive. We hope to see killer apps emerge in these areas after the mainnet launch.

Lack of stablecoin and RWA projects: Stablecoins and real-world assets (RWA) have become the core of the crypto industry and are one of the few fields that have achieved product-market fit. Although high scalability is not crucial for these fields, they are essential for the foundational infrastructure of any blockchain ecosystem. Currently, Monad lacks strong participants in this category. Given its advantages in the trading field, Monad should also develop a robust stablecoin and RWA ecosystem. The Monad Foundation's acquisition of Portal in July is a promising step in this direction.

Competition among liquid staking protocols: Even before the mainnet launch, several major liquid staking protocols, such as aPriori, FastLane Labs, Magma, and Kintsu, have already prepared to go live. Although their unique differentiated advantages are worth noting, too many liquid staking options may fragment liquidity and affect the user experience. How this competitive landscape will evolve after the mainnet launch is worth watching.

The long-awaited journey of Monad has just begun. For all those embarking on their first adventure on Monad, we hope this guide will help you confidently explore the Monad ecosystem.

Original Title: Must-Watch dApps After Monad Mainnet Launch

Original Author: 100y.eth, Four Pillars

Original Translation: Deep Tide TechFlow