At Monad, we are committed to decentralization and performance

Bringing CEX like trading experiences to EVM DEXes is one of our main goals

A thread on how Monad will enable on-chain limit order books 👇 Most DEXes are AMMs that use formulas such as x*y=k for conversion rates between assets

This allows for convenient, permissionless on-chain swaps

But AMMs’ capital inefficiency results in slippage for users -- as trade size increases relative to liquidity, slippage gets worse

“Blockchain becomes interesting once it can process 10,000 transactions per second”
- Steve Jobs, probably

Monad is the first EVM chain to reach this threshold by enabling parallel execution and other innovations.

Let’s take a look at how they did it👇🧵
[1/12] Smart contract blockchains have two main components: the consensus mechanism and virtual machine (VM).

Ethereum was the first blockchain to meaningfully enable programmable smart contracts, aka apps. The Ethereum Virtual Machine (EVM) works as a shared computing engine.
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Monad: What Is It?

How we’re building an EVM-compatible L1 that is 1,000x faster than Ethereum

An (oversimplified) mini thread👇
[1/8] Monad is an EVM-compatible layer 1 blockchain with:

• 1,000x the throughput of Ethereum
• >5x Solana
• >20x the nearest EVM L1 (Polygon)
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