dWallet Network Integrates Native Multi-Chain DeFi with Monad

Unlock the power of programmable native Bitcoin with dWallet Network’s latest announcement of adding support for EVM-compatible Layer 1 blockchain, Monad.

On April 30th, the integration of Monad aims to establish itself as the premier ecosystem for EVM builders, leveraging dWallet technology to introduce native multi-chain capabilities.

Revolutionizing DeFi with Multi-Chain Integration

dWallet Network is revolutionizing the DeFi landscape by enabling developers within the Monad ecosystem to harness decentralized building blocks for creating innovative DeFi applications across multiple chains with high decentralization and zero collusion.

This strategic integration positions Monad as a key player in the EVM space, offering developers efficiency and scalability to drive innovation in decentralized finance.

Keone Hon, Co-Founder and CEO of Monad Labs, expressed his enthusiasm, stating,

“Our collaboration with dWallet Network underscores our commitment to providing a top-notch platform for EVM developers. With unparalleled speed and performance, coupled with dWallet’s cutting-edge multi-chain capabilities, Monad is set to redefine the DeFi industry and empower developers with unprecedented tools for success.”

Creating an Interconnected DeFi Landscape

dWallet Network utilizes 2PC-MPC for implementing the dWallet feature, a multiparty protocol designed by its team to create ECDSA signatures in a non-collusive manner, involving multiple nodes to ensure security and decentralization.

This integration marks a significant step towards achieving a fully interoperable and decentralized financial ecosystem, allowing Monad developers to seamlessly integrate dWallet’s native multi-chain capabilities into their applications. Users can expect a seamless experience across various blockchain platforms without compromising on security or control.

Omer Sadika, co-founder of dWallet Network, emphasized the importance of this partnership, aiming to create an interconnected DeFi landscape for the benefit of developers and users alike.