Colin Choo

Personal update: This was my last week as Head of DeFi at the Monad Foundation I joined Monad two and a half years ago when it was a small team of 15 people with a powerful vision to build a high-performance EVM chain to scale crypto. I feel incredibly fortunate to have had a front row seat in this journey, and helping build the ecosystem from scratch. From working closely with the biggest defi protocols in the space and support their launches on Monad to closing monad-native teams and supporting their growth from their earliest days when building on Monad was not a popular choice. I am proud of how the defi ecosystem looks today on Monad. We've brought 100+ protocols live in the ecosystem, with $500m+ in deposits, $250m+ in TVL, and $7b+ in cumulative DEX volume - in under 3 months since launch. More than the headline numbers, what stands out is the depth of the ecosystem. Over 30 protocols each have more than $1m in deposits. The growth of the ecosystem has come from a wide base of strong builders, not just a single king-made project. Every ecosystem metric is on track to grow and many exciting protocols will launch in the coming months, so I'm excited to see the young and flourishing defi ecosystem go to new heights. Working alongside Keone, Eunice, James, and the rest of the team has been a privilege. Their ambition and long-term thinking is rare in this industry, and I remain a strong believer in Monad. Whats next for me: I have been in crypto for 10 years now (unc status), and my conviction in this space has only strengthened over time. However, I have not taken a proper break in 4 years, so I will be taking some time to reset and explore new ideas before starting my next chapter. I firmly believe that we're still very early stages in crypto adoption. The next breakout app will come out crypto, and the future of all speculative markets also lies onchain. There's a lot of opportunity. I am excited to stay close to this space and see what comes next.

Personal update: This was my last week as Head of DeFi at the Monad Foundation I joined Monad two and a half years ago when it was a small team of 15 people with a powerful vision to build a high-performance EVM chain to scale crypto. I feel incredibly fortunate to have had a front row seat in this journey, and helping build the ecosystem from scratch. From working closely with the biggest defi protocols in the space and support their launches on Monad to closing monad-native teams and supporting their growth from their earliest days when building on Monad was not a popular choice. I am proud of how the defi ecosystem looks today on Monad. We've brought 100+ protocols live in the ecosystem, with $500m+ in deposits, $250m+ in TVL, and $7b+ in cumulative DEX volume - in under 3 months since launch. More than the headline numbers, what stands out is the depth of the ecosystem. Over 30 protocols each have more than $1m in deposits. The growth of the ecosystem has come from a wide base of strong builders, not just a single king-made project. Every ecosystem metric is on track to grow and many exciting protocols will launch in the coming months, so I'm excited to see the young and flourishing defi ecosystem go to new heights. Working alongside Keone, Eunice, James, and the rest of the team has been a privilege. Their ambition and long-term thinking is rare in this industry, and I remain a strong believer in Monad. Whats next for me: I have been in crypto for 10 years now (unc status), and my conviction in this space has only strengthened over time. However, I have not taken a proper break in 4 years, so I will be taking some time to reset and explore new ideas before starting my next chapter. I firmly believe that we're still very early stages in crypto adoption. The next breakout app will come out crypto, and the future of all speculative markets also lies onchain. There's a lot of opportunity. I am excited to stay close to this space and see what comes next.