Raye Hadi(@rhadiARK):Monad TVL up ~60% since the start of June. Mainly driven by the Aave V3 deployment, Pendle, and K3 Capital vaults. Still relatively small at ~$630m tho I continue to be skeptical of general purpose L1s outside Ethereum and Solana but like what Keone and team have built at Monad. Will continue to follow and update priors as needed

Raye Hadi

@rhadiARK

Onchain things @ARKInvest | Disclosure:

Joined June 2025

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Raye Hadi@rhadiARK

2026.07.15 16:19

Monad TVL up ~60% since the start of June. Mainly driven by the Aave V3 deployment, Pendle, and K3 Capital vaults. Still relatively small at ~$630m tho I continue to be skeptical of general purpose L1s outside Ethereum and Solana but like what Keone and team have built at Monad. Will continue to follow and update priors as needed