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  1. Home
  2. Projects
  3. Monad
  4. Vs
  5. Thorchain

Monad vs Thorchain

Compare Monad and Thorchain on TVL, fees, revenue and activity to understand how these projects stack up.

$697.18M
Monad is an Ethereum-compatible Layer-1 focused on high throughput, low fees and scalable decentralization. Its architecture targets 10,000 TPS with sub-second finality while preserving bytecode-level EVM compatibility, so Solidity contracts, wallets and infrastructure can work without major rewrites. The MON token is tracked by CoinGecko as the network's associated asset.
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$28.61M
THORChain is a Tendermint‑based cross‑chain liquidity protocol where nodes bond RUNE to secure pools of native L1 assets like BTC, ETH and ATOM. Swaps execute via continuous liquidity pools with slip‑based fees, and the ‘Streaming Swaps’ feature splits large orders to minimize price impact. The 2023 mainnet added Savers vaults, letting depositors earn single‑asset yield without IL exposure.
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Key Metrics Comparison

Monad
TVL
$697.18M
24h Volume
$26.28M
24h Fees
$9.5K
24h Revenue
$4K
30d Fees
$2.42M
30d Revenue
$850.4K
7d TVL Change
+35.91%
Dominance
0.29%
Thorchain
TVL
$28.61M
24h Volume
$15.36M
24h Fees
$16K
24h Revenue
$2.4K
30d Fees
$728.6K
30d Revenue
$105.4K
7d TVL Change
+4.22%
Dominance
0.01%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Monad
96.1%
Thorchain
3.9%

Volume Share

Share of combined 24h volume

Volume Share
Monad
63.1%
Thorchain
36.9%

Fees Share

Share of combined 24h fees

Fees Share
Monad
37.2%
Thorchain
62.8%

Revenue Share

Share of combined 24h revenue

Revenue Share
Monad
62.6%
Thorchain
37.4%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Monad
35.91%
Thorchain
4.22%

Dominance

Market dominance by TVL

Dominance
Monad
0.3%
Thorchain
0.0%
TVL Comparison
Monad
Thorchain