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@Kruys_CollinsMonad Testnet
Flipside AI
Monad's testnet demonstrates robust performance with 2,040,519 total transactions processed at a 99.5% success rate, indicating high network reliability. The blockchain shows strong developer engagement with 81,939 total contracts deployed and a massive spike in hourly contract deployments from 30 to over 7,000. User activity is diverse, with 257,496 unique externally owned addresses, though wealth concentration is notable, with the top 1% of whale users controlling significant transaction volumes averaging 89,478.62 per user.
Monad is an EVM-compatible Layer 1 blockchain designed for high throughput and efficiency, aiming to process 10,000 transactions per second. It features parallel execution and full Ethereum compatibility, allowing easy migration of decentralized applications (dApps).
Monad Testnet
Public Testnet Launch: Monad's public testnet was launched on February 19, 2025. This follows a successful closed testnet phase that allowed a select group of developers to engage with its features and provide feedback1.
Developer Accessibility: The public testnet enables developers to explore Monad's high-speed blockchain and test its performance in real-world scenarios, including dApp deployment and transaction processes.
This dashboard provides an overview of Monad's testnet performance since piublic, including metrics like total transactions, success rate, unique senders, and transaction values. It is useful for developers and stakeholders to monitor the testnet's activity, assess its efficiency, and identify areas for improvement.
