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Monad Ecosystem Highlights: October 2026

Monad Foundation

Monad Foundation

@monad
Published on
· 7 min read
This Edition’s Headlines
Monad Private Settlement & Quantum Cadence

Category Labs unveiled Monad Private Settlement and released Quantum Cadence, advancing Monad’s institutional infrastructure with confidential execution environments that preserve access to liquidity and quantum-resistant consensus without compromising performance.

StraitsX

StraitsX announced plans to launch its regulated stablecoins, XSGD and XUSD, on Monad. The integration will enable businesses to build stablecoin-powered payment and settlement solutions on Monad, leveraging StraitsX’s regulated infrastructure and payment network.

Metropolis

Metropolis, Monad’s six-week global online hackathon with a $250K+ prize pool, closed with 885 teams, 1,256 participants, and builders from 76 countries. Winners will be announced in early November.

By the NumbersAs of 10 / 31 / 2026

$880M+
DeFi TVL
$1.6B+
Total value including outstanding borrows
1B+
Transactions processed to date
$34.2B+
Cumulative DEX volume
$618M+
Stablecoin market cap
170+
Apps live on Mainnet

NewBlockworks launched a Monad ecosystem dashboard that tracks financials, applications, RWAs, trading activity, lending activity, and more.

01DeFi
Pump.fun

Monad assets are now live on the Pump.fun app.

Dirol Esports

Dirol introduced Dirol Esports, a matchmaking platform for competitive trading matches.

Rocket

Rocket, a price prediction app, went live on Monad with its public beta on testnet. The app surpassed 30K trades in its first three days.

Circuit

Circuit, a no-code platform for running trading strategies, is live on Monad.

Hookr

Hookr is now available on Monad, enabling builders to compose custom Uniswap v4 hooks using “hook lego” blocks.

Upshift

Upshift introduced USDC lending functionality backed by institutional credit exposures on Monad.

Check out the Highlights

Explore more ecosystem highlights on DeFiLlama and lp.new.

02Payments
StraitsX

StraitsX will bring XSGD and XUSD to Monad in early 2027. Fintechs, payment companies and consumer apps will be able to offer payments, cards, and settlement inside their own products without needing to build the regulated infrastructure themselves.

Reap

Reap is integrating its card infrastructure with Monad. Meru will be the first card program to use the integration in Latin America.

03Real-World Assets
xStocks

xStocks deployed on Monad, bringing support for over 1,100 tokenized equities to the ecosystem.

ONyc

ONyc is now available on Monad through Plume Vaults, providing access to a tokenized strategy with exposure to reinsurance-related assets.

Ember Protocol

Ember Protocol and ETPLUS, a short-duration private credit strategy, are live on Monad.

infiniFi Prime

infiniFi Prime brings diversified private credit to fintech earn accounts through infiniFi, AUSD, Fasanara, and Midas, with Monad as the settlement layer.

Kuru v2

Kuru launched v2, which enables 24/7, decentralized trading of tokenized stocks, ETFs, commodities, and other RWAs on Monad.

Dirol

RWAs powered by xStocks are now live on Dirol, a social trading platform built on Monad.

Monorail

Stock bundles are now live on Monorail, enabling traders to choose ready-made portfolios or build their own with stocks and ETFs.

04Infrastructure
Robinhood

Robinhood added support for MON trading.

Ankr

Ankr is now available on the Monad API Hub. AI agents can now access Ankr infrastructure and pay for it autonomously.

05Protocol and Research
Monad Private Settlement

Category Labs introduced Monad Private Settlement, a new design that will enable businesses to run private, sovereign execution and settlement on the Monad network without leaving its shared liquidity. The configuration can be updated by authorized operators, removing some of the biggest remaining barriers to institutions moving real workflows onchain.

Quantum Cadence

Category Labs unveiled Quantum Cadence, a post-quantum version of the Cadence consensus protocol. It aims to be practical for a high-performance blockchain, enabling quantum-resistant consensus without sacrificing performance.

Tree-BTE

Category Labs published a paper on Tree-BTE, which lays the groundwork for post-quantum encrypted mempools.

Typewriter

Typewriter, a framework for app-controlled sequencing, was released as open source. It offers custom transaction sequencing, fast confirmations, and built-in accounts with gas sponsorship.

zkVM Performance

Category Labs continues to push the performance boundaries of zkVMs for Ethereum and Monad, with a version of the Monad execution client that supports zero-knowledge (ZK) execution and proving.

Cadence Demo

James Hunsaker, Co-Founder of Category Labs, demoed Cadence, the multiple concurrent proposers consensus for Monad. Cadence targets 100ms block times and 300ms finality and, combined with BTX encrypted mempools, aims to reduce MEV at the protocol level.

06Builder & Developer Programs
Metropolis

Metropolis, the global hackathon for the Monad ecosystem with a $250K+ prize pool, has concluded. Over six weeks, 885 teams and 1,256 participants from 76 countries built the next generation of startups on Monad. Thank you to everyone who participated; winners will be announced in early November.

Harvard Business School

The Monad Foundation hosted an event at Harvard Business School where builders from HBS and MIT Sloan tackled sustainability, healthcare, and more.

Blitz

The Monad Foundation continues to bring builders together through Blitz, its single-day, city-based hackathon series. Recent events were held in Paris (October 4), Oregon (October 21), Medellín (October 22), Mumbai (October 23), and Ankara (October 24).

About Monad

Monad is a high-performance, institutional-grade Layer 1 blockchain enabling open access to fair financial markets on neutral ground. Fully EVM-compatible, Monad delivers 10,000 TPS, 300ms block times, 600ms finality, and near-zero fees, without requiring specialized hardware. The network runs on consumer-grade machines, supporting accessible participation and decentralized network operation: ~200 independently operated validators across 30+ countries and 55+ cities secure the chain today. Get in touch with the Monad Foundation at institutions@monad.foundation.

10,000
TPS
300ms
Block time
600ms
Finality
~200
Validators
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