What’s the story behind the $MON airdrop portal that launched yesterday? This tweet will take you through the analysis of the new star in high-performance L1, @monad. In simple terms, @monad is an L1 chain that injects parallel execution into EVM, designed specifically for high-speed DeFi and gaming. Traditional EVM executes in a single-threaded manner, with TPS stuck around 15, a speed that is completely outdated in the Web3 era, but Monad has directly rewritten the underlying engine. The core solution of Monad is three-pronged: Parallel execution: It uses an optimistic concurrency model, allowing non-conflicting transactions to run simultaneously without waiting in a serial manner. By customizing the VM MonadEVM, it intelligently detects dependencies and only rolls back when there are conflicts, achieving a TPS of up to 10,000, with latency down to 1 second block time. What does this mean? It means perpetual on-chain, AMM can match CEX prices in real-time, with slippage nearly zero. Ultra-low hardware requirements: Monad uses a custom database, MonadDB, optimized based on RocksDB, storing only incremental states, with nodes running on consumer-grade CPUs and requiring only 128GB of memory. This is much friendlier than the memory monsters like Solana, lowering the deployment threshold and allowing for a broad ecosystem from the start. MonadBFT consensus: With a pipelined design, it decouples execution and consensus, allowing block proposals and validations to progress in parallel, doubling throughput. The entire chain is compatible with EVM bytecode, enabling developers to migrate Uniswap, Aave, and more with zero hassle. Monad’s ambition: to become the DeFi hub of high-speed L1. If it were just fast, that wouldn’t be hardcore enough. The truly impressive aspect of Monad is its precise positioning in the parallel EVM hotspot. Currently, the parallel AMM trading volume on Solana has exceeded 100 billion, but there is still a gap for EVM-compatible parallel chains, which Monad fills seamlessly with oracles, lending, and perpetuals. Its flagship product, Monad Testnet, has already integrated over 50 protocols: from @perpltrade’s perpetuals to @KuruExchange’s DEX, and @eulerfinance’s lending, achieving over 10,000 daily active users across the chain. The mainnet is set to launch in Q4, with the first day introducing the AUSD stablecoin and earnAUSD yield pool, targeting a TVL of 1 billion. What about its strength and background? No need to elaborate, top-tier configuration: $244 million in funding, led by Paradigm and Electric Capital, backed by Keone Hon and other former Jump Trading veterans. Ecosystem partners include Solana veterans like Jito, Drift, and Kamino, ensuring the safety of over 5 billion in assets. Before the mainnet, the testnet has already attracted 230k wallets, with strict Sybil filtering, and the community airdrop portal opened on October 14, closing on November 3, distributing over 900 million $MON. Currently, the $MON presale FDV is estimated at 800 million to 1.5 billion, far below the $SOL ceiling of 100 billion. With the mainnet explosion, as high-speed applications emerge, the value discovery space for $MON is enormous. I see it breaking into the top 10 airdrops in history, easily surpassing a market cap of 7 billion. Gmonad, are you ready to receive the airdrop?