Phalcon Explorer brings comprehensive transaction analysis to Monad, the fastest EVM-compatible blockchain. You can now debug parallel execution flows, trace complex DeFi interactions, and monitor high-frequency transactions on this revolutionary 10,000 TPS network. Get complete visibility into smart contract calls, balance changes, and fund movements from Monad's launch day.
Why 2025 is the year of high-performance blockchains
We're seeing powerful new chains launch to solve blockchain's biggest challenges. 2025 has become a defining year for Web3 infrastructure. Among all these launches, Monad stands out as one of the most promising. It's a Layer 1 blockchain that delivers 10,000 transactions per second with sub-second finality while maintaining full EVM compatibility.
Monad went live on November 24, 2025. Major exchanges like Kraken confirmed day-one listing support. The network already has over 280 projects building on it. With $244 million in funding from Paradigm, Electric Capital, and other leading investors, Monad is redefining what's possible on EVM-compatible chains.
What is Monad?
Monad is a next-generation Layer 1 blockchain that works exactly like Ethereum. You can deploy your existing Ethereum smart contracts without changing a single line of code. But Monad's architecture delivers performance that rivals any blockchain out there.
Here's what Monad brings to the table. The network handles 10,000 transactions per second. Transactions finalize in just 0.8 seconds. New blocks arrive every 0.4 seconds. Fees stay low even during peak usage. And the network maintains true decentralization with over 200 validators.
Unlike Ethereum's Layer 2 approach or other L1s that force you to learn new tools, Monad gives you the best of both worlds. You get familiar Ethereum tooling with next-generation performance.
What makes Monad different?
Monad rebuilt how EVM blockchains work from the ground up. Let's break down the key innovations.
Parallel Execution
Ethereum processes transactions one by one. Monad executes multiple transactions at the same time. This dramatically boosts throughput without compromising security. You can build high-frequency trading apps, complex DeFi protocols with multiple interactions per block, and consumer-grade apps that need instant responses.
MonadBFT Consensus
This pipelined consensus mechanism separates execution from consensus. Blocks finalize faster. The network handles communication more efficiently. And the system stays resilient even when network delays occur.
MonadDb Storage
Monad uses a specialized database designed for high-speed operations. The system reads state quickly during parallel execution. State growth stays manageable. And node operators don't need expensive hardware to participate.
RaptorCast Block Propagation
Efficient block transmission ensures all 200+ validators receive new blocks quickly. The network stays synchronized even at 10,000 TPS. Validators can run anywhere in the world. And the network maintains robust security.
Why you need transaction analysis on Monad
Monad's extreme performance creates unique challenges and opportunities. Whether you're a developer, security researcher, or DeFi user, you need tools to understand what's happening onchain.
For Developers Building on Monad
When you're building on a 10,000 TPS chain, you're dealing with complex parallel execution flows. You need to debug how your transactions interact when the system processes them simultaneously. You need to trace cross-contract calls across multiple protocols. Even with low fees, you want to optimize gas usage and identify bottlenecks. And before you upgrade contracts, you need to validate your logic safely.
For Security Researchers
High throughput opens up new attack vectors. You need to detect exploit patterns in Monad's parallel environment. When hacks happen, you need to trace fund flows across high-frequency trading protocols. You want to identify MEV strategies like sandwich attacks and frontrunning at 10,000 TPS. And you need to monitor protocol security in real time.
For DeFi Power Users
Navigating Monad's fast-paced DeFi ecosystem requires deep transaction visibility. When your swap fails, you need to see exactly why it didn't execute. You want to verify that multi-step DeFi strategies executed correctly. You need to track balance changes across all protocols. And you want to audit what permissions you've granted to different protocols.
For Investment Analysts
Making informed decisions requires comprehensive onchain data. You need to analyze protocol TVL flows and track capital movements in real time. You want to monitor whale activity and identify large transactions. When you're researching new protocols, you need to deep-dive into smart contract interactions. And you need to verify onchain data for your investment theses.
How Phalcon Explorer works on Monad
Phalcon Explorer brings industry-leading transaction analysis to Monad. We've built everything you need to understand what's happening onchain.
Comprehensive Transaction Visualization
We make Monad's high-frequency transactions easy to understand. You get invocation flow diagrams that show the complete call stack from the initial call through all internal transactions. We present this as an interactive tree diagram you can explore. We track every token and native balance change for all addresses in a transaction. You can visualize how assets move between wallets and protocols with detailed flow diagrams. And we automatically decode all emitted events into human-readable format.
Advanced Debugging Tools
We built features specifically for Monad's parallel execution. When you're debugging, you can step through verified contract code line by line. You can see exactly which storage slots changed and by how much with our state diff analysis. We show you which operations consumed the most gas, even with Monad's low fees. And when transactions fail, we give you detailed revert reasons and failure points.
Multi-chain Context
We help you understand Monad in the broader DeFi landscape. You can compare gas costs and performance across EVM chains. We track assets moving between Monad and other chains. You can see how protocols perform across different networks. And you use the same interface across all supported chains.
Specialized Analysis Features
We built tools specifically for Monad's unique characteristics. You get insights into transaction dependencies in parallel processing. We help you identify and analyze MEV strategies in Monad's fast environment. We provide specialized views for DEXs, lending protocols, and derivatives. And we offer advanced fund tracing for security investigations.
Who's building on Monad with Phalcon Explorer
Major protocols have committed to Monad. These teams rely on Phalcon Explorer for transaction analysis.
On the DeFi side, Uniswap is deploying V3 with full liquidity pools. 0x launched swap infrastructure from Day 1. aPriori built a high-frequency DEX leveraging parallel execution. Kuru DEX created an order book exchange using the full 10,000 TPS. Atlantis DEX optimized concentrated liquidity for speed.
For infrastructure, Chainlink provides oracle data for DeFi applications. Pyth Network delivers high-frequency price feeds for derivatives. Dune Analytics powers onchain analytics using transaction data. Fastlane built MEV-protected trading infrastructure.
Native applications include Kizzy for social trading with real-time execution, Talentum as a decentralized talent marketplace, and Omnia for cross-chain liquidity aggregation.
All these teams need reliable transaction analysis to build, debug, and optimize their applications on Monad's high-performance infrastructure.
Start exploring Monad with Phalcon
We're live on Monad mainnet from Day 1. You can start analyzing transactions right now.
Getting Started is Simple
Visit Phalcon Explorer at blocksec.com/phalcon.Paste Monad transaction hash to analyze it instantly.
What You Get Today
We provide full transaction trace and debugging. You can track balance changes across all tokens. We visualize fund flows for you. We integrate with source code verification. You get real-time block and transaction monitoring. We have historical data from the genesis block. And we provide API access for developers.
Perfect For Your Use Case
Developers can debug parallel execution flows. Security researchers can analyze exploits and vulnerabilities. DeFi users can understand complex protocol interactions. Analysts can research protocol performance and adoption. Traders can track MEV and arbitrage opportunities.
Building the future with Monad and Phalcon
Monad's revolutionary performance combined with Phalcon Explorer's comprehensive analysis creates the ideal environment for next-generation Web3 applications. Whether you're developing high-frequency trading strategies, debugging complex DeFi protocols, or conducting security research, you now have the tools to understand exactly what's happening onchain.
Even at 10,000 transactions per second, you get complete transparency and insights. As Monad continues pushing the boundaries of EVM-compatible chains, Phalcon Explorer will be there every step of the way. We're providing the visibility you need to build with confidence.
Start analyzing Monad transactions today with Phalcon Explorer. We're the only blockchain explorer built for security-first transaction analysis at scale.
About Phalcon Explorer
Phalcon Explorer is the industry-leading blockchain transaction analyzer. We provide security researchers, developers, and DeFi users with unparalleled visibility into onchain activity. We support 15+ EVM chains including Ethereum, BSC, Arbitrum, Base, and now Monad. Phalcon Explorer has become the go-to tool for understanding complex smart contract interactions, tracing fund flows, and debugging transactions.
Learn more:
- Website: blocksec.com/explorer
- Documentation: docs.blocksec.com/phalcon/explorer
- Twitter: @BlockSecTeam & @Phalcon_xyz
- Telegram: t.me/blocksecteam
