Overview of 15 Funded Projects in the Monad Ecosystem (Including Interactive Tutorial)

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6 hours ago

Original | Odaily Planet Daily

Author | Asher

Overall Interaction Approach for Monad Testnet

Recently, from the statements made by Monad official member Bill Monday on platform X, it is easy to conclude that witches and automated interactions have no value; users who seriously use the testnet and provide feedback are the good users.

Monad official members' attitude towards testnet interaction

So, how can we identify real users among the many projects in the Monad ecosystem? Which projects are worth participating in? Odaily Planet Daily summarizes the following interaction suggestions:

  • Prioritize interacting with projects in the Monad ecosystem that have received funding, as there is a chance for "two birds with one stone";
  • Prioritize participating in native Monad projects, most of which will indicate "Only on Monad" in their X platform account descriptions;
  • Prioritize participating in projects within the Monad ecosystem that have high activity on the official X platform and high tweet views;
  • Prioritize participating in ecosystem projects officially promoted by Monad;
  • Randomly select several Monad ecosystem projects for interaction each day; do not perform the same interaction actions daily to avoid being classified as a witch address;
  • Persist in interaction; do not stop as long as no tokens have been issued;
  • Ensure that the wallet address used for interaction has assets like ETH, USDT, etc., on the mainnet, and try to avoid using wallet addresses with no assets on the mainnet.

Below, Odaily Planet Daily has compiled a list of popular projects in the Monad ecosystem that have received funding, along with step-by-step interaction tutorials.

Overview of Popular Projects in the Monad Ecosystem with Funding

Kuru

Official X account: https://x.com/KuruExchange

Project Introduction: Kuru is an on-chain order book DEX based on the Monad blockchain, using a "hybrid CLOB-AMM model" that combines automated market maker (AMM) functionality with the central limit order book (CLOB) architecture of traditional exchanges. As of now, its total funding has reached $13.6 million.

Interaction Tutorial (link: https://www.kuru.io/markets):

STEP 1. Enter the interaction website and click "Connect wallet" to log in.

STEP 2. Click the green pet egg icon in the upper right corner, randomly select one from the five colored pet eggs, and click "Reveal" to receive 4 decorations.

STEP 3. Click on the "Markets" section again, transfer test tokens to your personal Kuru Wallet on the platform, and conduct token buy/sell interactions.

STEP 4. Additionally, in the Lite version, you can also perform Swap interactions to exchange MON test tokens for USDT, USDC, and other tokens.

aPriori

Official X account: https://x.com/apr_labs

Project Introduction: aPriori is a liquid staking platform based on the Monad blockchain, and its total funding has exceeded $10 million. Additionally, Yzi Labs (formerly Binance Labs) has announced an investment in the liquid staking platform aPriori in the Monad ecosystem, with the specific amount not disclosed.

Interaction Tutorial: On one hand, enter the official site (https://www.apr.io/), click "Stake Now," enter a small amount of test tokens, and click "Stake." Additionally, you can click "Withdrawals" to withdraw some staked tokens, increasing interaction data.

On the other hand, aPriori's recent new activity "Go with the Flow" provides users with a way to participate, aiming to collect wallet data and promote community interaction. Participants can complete tasks to gain exclusive access to future Swapr pools and future aPriori quantitative tools. The specific interaction is as follows (interaction link: https://of.apr.io/dashboard):

Enter the interaction link, click "Sign in" to connect your wallet, and then click "Check-in" for daily sign-in (requires mainnet Gas). Additionally, click "Progress" to complete other tasks.

perpl

Official X account: https://x.com/perpltrade

Project Introduction: perpl is an on-chain perpetual futures platform based on the Monad blockchain, and its total funding has reached $9.25 million.

Interaction Tutorial: The project is still in its early stages, and there is currently no interactive content available.

FastLane Labs

Official X account: https://x.com/0xFastLane

Project Introduction: FastLane Labs focuses on developing maximum extractable value (MEV) infrastructure. Its core product optimizes transaction execution efficiency through a validator-centered serialization and transparent MEV relay system, reducing sandwich attacks and enhancing the fairness and usability of DeFi. As of now, its total funding has reached $8.3 million.

Interaction Tutorial (link: https://shmonad.xyz/):

STEP 1. Enter the interaction link, connect your wallet, and stake any amount of MON.

STEP 2. Click "Claim Role" in the lower right corner of the website.

STEP 3. Click on the "Community" section above and complete the relevant content as required.

Ambient

Official X account: https://x.com/ambient_finance

Project Introduction: Ambient is a DEX that operates within a single smart contract, where each AMM pool has a lightweight data structure and does not need to run in separate smart contracts. As of now, its total funding has reached $6.5 million.

Interaction Tutorial (link: https://monad.ambient.finance/): Connect your wallet and perform interactions such as Swap and Trade.

Opinion

Official X account: https://x.com/opinionlabsxyz

Project Introduction: A prediction market platform, with a total funding of $5 million, led by Yzi Labs (formerly Binance Labs).

Interaction Tutorial: The testnet interaction activity has completed its snapshot, and there are currently no interaction tasks available; please wait patiently for the mainnet launch.

Kintsu

Official X account: https://x.com/Kintsu_xyz

Project Introduction: Kintsu is a liquid staking protocol based on the Monad blockchain, and its total funding has reached $4 million.

Interaction Tutorial (link: https://kintsu.xyz/staking): Enter the amount of test tokens and then click "Stake" below to proceed. You can also perform the "Unstake" operation to increase transaction records.

Magma

Official X account: https://x.com/MagmaStaking

Project Introduction: Magma is a liquid staking protocol based on the Monad blockchain, and its total funding has reached $3.9 million.

Interaction Tutorial: On one hand, enter the official site (https://www.magmastaking.xyz/), click "Stake," enter the amount of test tokens, and then click "Stake" below. You can also perform the "Unstake" operation to increase transaction records.

On the other hand, Magma has launched a mini-game (link: https://nad.magmastaking.xyz/), with the following interaction: After connecting your wallet, select the amount of gMON to bet and click "Fund Game," then click "Start Game" to open the box. Decide whether to accept or reject the offer based on the total value of the opened box.

Curvance

Official X account: https://x.com/Curvance

Project Introduction: Curvance is a decentralized lending protocol designed to optimize DeFi yields, and its total funding has reached $3.6 million.

Interaction Tutorial (link: https://monad.curvance.com/): Click the small bell in the upper right corner and complete the relevant tasks as prompted.

Ammalgam

Official X account: https://x.com/ammalgam

Project Introduction: Ammalgam is a decentralized lending exchange aimed at providing better yields, leverage, and options strategies for LPs, and its total funding has reached $3.25 million.

Interaction Tutorial (link: https://beta.ammalgam.xyz/):

STEP 1. Enter the interaction website, connect your wallet, and select the "TRADE" section to perform Swap interactions.

STEP 2. Select the "POOL" section and choose any trading pair to provide liquidity.

STEP 3. Under the "POOL" section, select any trading pair to display deposit and borrowing conditions, and choose the currency for deposits and loans based on your assets.

Accountable

Official X account: https://x.com/AccountableData

Project Introduction: Accountable is an infrastructure project based on the Monad blockchain, focusing on credit verification in the crypto lending market, combining zero-knowledge proofs (ZK-SNARKs) and signature APIs to achieve decentralized verification of asset ownership and liability data. Its total funding has reached $2.3 million.

Interaction Tutorial (link: https://yieldapp.accountable.capital/vaults):

STEP 1. Enter the interaction website, connect your wallet, and click "Verify Access" to proceed with verification.

STEP 2. Choose any verification node below to stake MON test tokens.

FortyTwo

Official X account: https://x.com/fortytwonetwork

Project Introduction: FortyTwo is a decentralized AI network aimed at addressing the scalability challenges faced by centralized AI systems. Its total funding has reached $2.3 million.

Interaction Tutorial: You can apply to run a node; for specific details, please refer to the official documentation: https://docs.fortytwo.network/docs/participation.

BIMA

Official X account: https://x.com/BimaBTC

Project Introduction: BIMA is a full-chain stablecoin protocol based on Bitcoin, and its total funding has reached $2.25 million.

Interaction Tutorial (link: https://bima.money/vaults):

STEP 1. Enter the interaction website, connect your wallet, and switch the network to the Monad testnet.

STEP 2. Click "Deposit" next to the bmBTC asset to deposit bmBTC.

STEP 3. Perform lending interactions under the "Lend" section.

STEP 4. Complete specified task activities for XP points under the "Quests" section.

Multisynq

Official X account: https://x.com/multisynq

Project Introduction: Multisynq is a decentralized broadband sharing network based on the Monad blockchain, and its total funding has reached $2.2 million.

Interaction Tutorial (link: https://startsynqing.com/):

STEP 1. Enter the interaction website and click "Connect Now" to connect your wallet (Phantom wallet is required).

STEP 2. Follow the instructions in the image below to obtain verification wallet information.

STEP 3. Enter the community name "retardio" and download the Multisynq synchronizer.

Official X account: https://x.com/Narwhal_Finance

Project Introduction: Narwhal Finance is a decentralized perpetual trading platform based on the Monad blockchain, and its total funding has reached $1 million.

Interaction Tutorial (link: https://testnet.narwhal.finance/):

STEP 1. Select the "Trade" section, claim "1 M USDT," and then proceed with contract operation interaction experience.

STEP 2. Select the "Staking" section and choose USDT to stake test tokens.

STEP 3. Select the "Carnival" section, where there are currently 6 games available for experience. Participate in different games to enrich on-chain data.

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