MegaETH vs Monad ✅Funding MegaETH: @dragonfly_xyz -led $20M funding (including @VitalikButerin ) + $87.68M sale = Total $107.68M Monad: Dragonfly/@paradigm -led $244M funding ✅Network Type MegaETH: Ethereum Layer 2 Monad: EVM Compatible Layer 1 ✅Ecosystem MegaETH: MegaMafia. They talk about a unique culture, but while various projects are visible, no major existing players are present MegaMafia Project List ( Monad: Monad also has many teams that have been building for a long time. However, there are also many existing big players. Uniswap, LFJ, OpenOcean, PancakeSwap, Fantasy Top, etc. Monad Ecosystem List ( ✅Comparison In my opinion, MegaETH seems similar in nature to Hyperliquid when viewed positively, or to Bera, Sonic, Manta, Blast, etc. when viewed negatively. Intuitively, Monad feels more similar to them, but considering the presence of big players in its ecosystem, it actually aligns more with Arbitrum, Avalanche, Polygon, OP, etc. If MegaETH succeeds, it might follow a path similar to SUI. However, since EVM and non-EVM chains are fundamentally different, I've only listed EVM-based chains here. It's hard to pinpoint exactly, but Plasma/Arbitrum/Linea, etc., generously distribute their own coins to support the ecosystem, often at the cost of price stability, resulting in TVL/FDV ratios around 1-2. The rest either conserve their tokens heavily or represent unique cases like Hyperliquid. It's unclear how MegaETH and Monad will proceed, but since they inevitably need to distribute tokens to build their initial ecosystems, we'll have to see how things unfold. ✅Pagu's Comment Is it a battle between the downside pressure from retail investors entering the public sale? Or the downside pressure from VCs? Honestly, I believe the ecosystem is the most crucial factor. I worry MegaETH might end up playing in its own little league like Manta/Blast/Vera and eventually fail. Monad has many native dApps, but it also has established big players, so that aspect seems solid. However, it's puzzling that major players in lending (Aave, Morpho, Euler) haven't entered besides Curvance. Seeing names I shouldn't be seeing, like iZUMi or Kinza... that feels unpleasant. I received $MON airdrop from Monad, while I participated MegaETH sales with my money so I'm a bit more keen to MegaETH but hope both wins afterall