MON, the native token of Monad, goes Multichain with Wormhole NTT

MON, Monad's native asset, is now multichain on Solana powered by Wormhole NTT. This integration ensures MON's core functionalities remain fully operational while accessing Solana's optimized infrastructure and growing ecosystem.

What is Monad?

Monad is a Layer 1 blockchain that delivers full EVM compatibility with breakthrough performance, achieving 10,000 transactions per second, 800ms finality, and near-zero gas fees. Unlike Layer 2 solutions that build on existing infrastructure, Monad is rebuilt from the ground up with optimistic parallel execution, custom consensus mechanisms, and hardware-efficient design.

The platform addresses the fundamental trilemma of scalability, security, and decentralization while maintaining 100% EVM compatibility. This architecture combines the speed and efficiency needed for high-performance applications with the transparency and composability of decentralized protocols.

What is NTT?

Wormhole's NTT (Native Token Transfers) is an open and composable token standard for seamlessly transferring native tokens across blockchains while preserving their intrinsic properties. NTT is already powering natively multichain tokens for leading projects such as Sky, Lido, WalletConnect, RedStone, and Wormhole's W token, demonstrating its industry-wide impact and reliability. With MON, another leading asset joins the ranks of NTT adopters.

Why NTT?

By leveraging Wormhole's NTT standard, MON can scale seamlessly beyond Monad to Solana while eliminating liquidity fragmentation. With NTT, tokens maintain full control over their behavior on each chain, including aspects such as customizability, metadata management, and ownership or upgradeability. This ensures compatibility with any token standard or governance system, offering unparalleled flexibility and adaptability.

The expansion to Solana opens new opportunities for MON holders to participate in Solana's ecosystem with near-instant transactions and significantly reduced costs while maintaining the performance characteristics that make Monad's infrastructure unique.

Take your token Multichain with NTT

NTT is already being used by some of crypto’s most systemically important assets, like Lido’s wstETH and Sky’s (formerly Maker) USDS, to unify users and liquidity.

Check out the Wormhole NTT Docs, or get in touch to go multichain and grow your token’s reach with an open and flexible standard trusted by the industry’s leading crypto assets.

Learn more

Learn more about NTT in a 15-minute workshop given by Wormhole Foundation Product Lead, Nikhil Suri.

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About Wormhole

Wormhole is the leading interoperability platform powering multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 40 leading blockchain networks, enabling use cases that span DeFi, governance, and more. The wider Wormhole network is trusted and used by teams like BlackRock and Uniswap Labs. To date, the platform has facilitated the transfer of over 70 billion dollars through over 1 billion cross-chain messages. Learn more at wormhole.com