Why Build on 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 provides 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 10,000 TPS throughput and 1 second block finality. This will result in significantly lower transaction costs and faster block times compared to the current landscape of EVM chains. For the first time, this makes a fully functional CLOB on the EVM L1 feasible, allowing market makers to frequently update their quotes without having to worry about transaction costs (gas fees) and slow block times.