Why Monad?

Kuru’s contracts have been optimized for the EVM and designed for market makers allowing them to place/cancel limit orders at a low, constant gas cost. This leads to tighter spreads and more liquidity on our books.

For an orderbook to function effectively, the underlying blockchain must offer quick block times and affordable gas fees. Today's EVM chains are generally either too slow, too expensive, or both.

Enter Monad

Monad plans to have a TPS of ~10,000 and a 1 second block finality. This will result in significantly lower transaction costs and faster block times compared to current EVM chains.

For the first time, this makes a fully functional CLOB on the EVM feasible, allowing market makers to frequently update their quotes without having to worry about transaction costs (gas fees) and slow block times.