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Bybit Announces Listing of a New Coin!

Bybit

Bybit has announced that it will list the MON token of Monad, a new Proof-of-Stake (PoS) Ethereum Virtual Machine (EVM) compatible Layer 1 blockchain designed to improve the broader Ethereum ecosystem.

Monad stands out as a decentralized computation platform.

Click Here to Register on Bybit Exchange with Discounted Fees!

What is Monad (MON)?

Monad is an Ethereum-compatible L1 blockchain that balances decentralization and scalability. Through optimizations in five key areas, it offers EVM bytecode compatibility and Ethereum RPC API support, giving developers portability. By addressing existing bottlenecks, Monad provides 10,000 TPS transaction throughput, 400ms block times, and 800ms finality. It includes innovations such as MonadBFT (a performant, tail-fork-resistant BFT consensus), RaptorCast (efficient block propagation), asynchronous execution (decoupling consensus and execution via pipelining), parallel execution, JIT compilation (efficient transaction execution), and MonadDb (efficient state access).

If you want to read a more detailed analysis: What is Monad (MON)?

$MON Listing Details

According to the announcement by Bybit exchange, deposits for $MON assets will open today, November 23, at 13:00. The listing will take place at 18:00. MON tokens purchased or received after investment can be withdrawn starting from November 25 at 13:00. Bybit will currently support only the USDT trading pair for MON.


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