G’DAY and GMON! We’re thrilled to announce that WOOFi intends to be one of the earliest protocols to go live on Monad. At WOOFi, we don’t want to just join the Monad community -  we want to become the leading liquidity hub for the entire ecosystem.

Monad: so fast, so based

We see the long-term potential of Monad being extremely high. With a benchmark of 10,000 TPS (Transactions Per Second), Monad isn't just meeting expectations but exceeding them. That’s about 1 billion transactions per day... and this is merely the starting point, as Monad could hypothetically scale to unprecedented levels.

This super-performant blockchain combines exceptional performance with seamless compatibility. With Monad, Solidity developers can enjoy plentiful and cost-effective transactions, allowing their applications to scale to global adoption levels.

Monad: more than just speed

Monad isn’t just a fast chain; it’s also incredibly efficient. Utilizing a " Superscalar Pipelining technique," Monad divides tasks into smaller, parallel-processed units.

Imagine a relay race where the baton is shot from one runner to the next—chaotic in the volume of transactions, but seamless in their efficient processing. This cutting-edge approach ensures that Monad stands out as a powerhouse in the blockchain space.

The holy trinity: WOOFi x Monad x LayerZero

Monad is 100% compatible with EVM and is supported by LayerZero, creating a trifecta that is set to revolutionize blockchain interoperability and network performance. This powerful combination will send seismic shockwaves not just to your nads, but all over the industry, driving blockchain adoption to new heights.

What WOOFi brings to the table

Just like Monad, WOOFi is built differently. Our sPMM model leverages professional market makers to simulate CEX liquidity using our custom on-chain price feeds. This means Monad traders will benefit from tight quotes, while WOO stakers will enjoy 80% of swap fees.

WOOFi will also offer seamless one-click cross-chain swaps from any supported EVM chain into the Monad ecosystem, enhancing the user experience.

The synergy of WOOFi and Monad

The integration of WOOFi Swap's sophisticated price feed mechanism with high-performance blockchain infrastructure creates a powerful synergy. This not only improves the accuracy and efficiency of decentralized trading but also strengthens WOOFi’s position as a leading liquidity hub within the Monad ecosystem.

As WOOFi goes live on Monad, the combination of advanced oracle data integration, fast block times, and high TPS will set a new standard for accurate and fast-paced decentralized trading.

With WOOFi on Monad, users can expect:

Accurate market data: Thanks to our comprehensive custom on-chain price feeds, traders will receive precise market data as a base for them to make informed decision-making.

Fast and efficient transactions: Monad’s 1-second block times and high TPS ensure that transactions are processed swiftly without compromising accuracy.

Optimized capital utilization: The efficient processing capabilities of Monad enhance WOOFi Swap’s capital efficiency, benefiting both liquidity providers and traders.

Embracing modern tech and scalability

Modern computers thrive on parallel processing, a standard we expect from advanced technology. However, traditional EVM chains operate on a single-threaded model, which can be inefficient. Monad introduces parallelism into the EVM, a unique feature that aligns perfectly with our commitment to scalability and interoperability. With Monad, we’re stepping into a future where blockchain performance reaches new heights, and memes thrive.

About WOOFi

WOOFi is a leading DEX with over $42B cumulative trading volume and 250k+ monthly active users. It supports 11 blockchains and boasts a diverse range of products that include earn vaults, simple swaps, cross-chain swaps, and perpetual futures. The native token of WOOFi is WOO and it can be staked to share 80% of all protocol fees.

This article is for informational purposes only and does not constitute financial, investment, legal, or other professional advice. While we strive to provide accurate and up-to-date information, WOOFi makes no representations or warranties, express or implied, as to the accuracy or completeness of the information contained within this article or any linked resources.

The information provided in this article may be subject to change without notice. The mention of any specific technologies, processes, or services by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by WOOFi. Decisions based on information contained in this article are the sole responsibility of the reader.

WOOFi is not liable for any direct, indirect, incidental, consequential, or exemplary damages arising from the use or inability to use the services and information provided herein.

All data and information provided in this article are for informational purposes only. WOOFi makes no guarantees regarding the results that may be obtained from the use of the information provided. Furthermore, WOOFi disclaims any warranties related to the provision of the information in this article.