Why @monad was not as we expected? 🔴 Why a disappointment ↓ • Monad raised $225M from Paradigm → created unrealistic expectations • Promised 10,000 TPS → delivered 300-350 TPS (testnet) • Marketed as "Solana killer" → launched with $66M TVL (vs. Solana's $11B) • VC-heavy tokenomics: 70%+ to insiders, only 7.5% to public • Sybil filter excluded legitimate users, security exploit stole tokens • + Privy outage, claim portal failures • Late to the party, competing with Solana ($11B TVL) and Ethereum L2s • Launched during a brutal crypto bear market (BTC down 33% from peak) 🟢 Why not a total disaster ↓ • Strong ecosystem partnerships: PancakeSwap, Enso, Wormhole, Folks Finance, GoPlus • Full EVM compatibility: Easier for Ethereum developers to migrate • $66M TVL in 24 hours: Impressive growth (though artificially inflated) • 30 CEX listings • 50.6% lockup until 2029: Reduces sell pressure (though also concentrates power) Are you bullish on Monad TODAY?
DeFi Warhol
@Defi_Warhol
$MON is live. Monad Mainnet is here.
My Tier List of Monad Ecosystem Apps 🧵
S:
@KuruExchange – Fully onchain orderbook DEX built natively for Monad, aiming to be the main spot liquidity hub with CEX-like speed on a parallel EVM. Monad Momentum project.
@DrakeExchange – Perp
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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