Monad Geo

Monad validator distribution

Live validator geography, provider mix, and stake concentration across mainnet and testnet.

Network

Mainnet

Active

198

Countries

Updated

26 Jul 2026, 18:00 UTC

Active stake

15.19B

198 active rows with stake

Top provider stake

19.1%

TeraSwitch

Effective providers

10.8

Stake-weighted provider spread

33% threshold

Providers needed above one-third stake

Stake distribution map

Economic weight across Monad validator locations

Map size and labels follow active stake share while the panels below compare stake weight against validator count and ASN/provider exposure.

Network

Economic weight

Stake-weighted decentralization

Validator count shows deployment breadth. Stake weight shows economic exposure. Compare both to see where infrastructure concentration is larger than the visible validator count suggests.

Stake coverage

100.0%

198 of 198 active rows carry stake

Top provider stake

19.1%

TeraSwitch

Top country stake

22.6%

United States

Provider stake spread

10.8

Effective providers by stake

33% provider threshold

Minimum providers above one-third of stake

Stake shareValidator count shareCountry stake coverage 100.0%Provider stake coverage 100.0%Total active stake 15.19B

Providers

Provider count vs stake

Sorted by stake share so economic concentration is visible first.

TeraSwitch

10 validators · 2.90B

Count

5.1%

Stake

19.1%

Delta

+14.1%

OVHcloud

36 validators · 2.38B

Count

18.2%

Stake

15.6%

Delta

-2.5%

Hetzner

25 validators · 1.61B

Count

12.6%

Stake

10.6%

Delta

-2.0%

Cherry Servers

24 validators · 1.48B

Count

12.1%

Stake

9.7%

Delta

-2.4%

Latitude.sh

18 validators · 1.00B

Count

9.1%

Stake

6.6%

Delta

-2.5%

velia.net

9 validators · 523.88M

Count

4.5%

Stake

3.4%

Delta

-1.1%

Servers.com, Inc.

4 validators · 474.06M

Count

2.0%

Stake

3.1%

Delta

+1.1%

Regions

Region distribution by stake

Sorted by stake share so economic concentration is visible first.

Western Europe

74 validators · 6.95B

Count

37.4%

Stake

45.8%

Delta

+8.4%

North America

58 validators · 3.89B

Count

29.3%

Stake

25.6%

Delta

-3.7%

Eastern Europe

37 validators · 2.48B

Count

18.7%

Stake

16.3%

Delta

-2.4%

Asia

19 validators · 1.19B

Count

9.6%

Stake

7.8%

Delta

-1.8%

Oceania

5 validators · 327.26M

Count

2.5%

Stake

2.2%

Delta

-0.4%

Latin America

3 validators · 215.73M

Count

1.5%

Stake

1.4%

Delta

-0.1%

Africa

2 validators · 132.46M

Count

1.0%

Stake

0.9%

Delta

-0.1%

Countries

Country count vs stake

Sorted by stake share so economic concentration is visible first.

United States

51 validators · 3.43B

Count

25.8%

Stake

22.6%

Delta

-3.2%

The Netherlands

13 validators · 2.85B

Count

6.6%

Stake

18.7%

Delta

+12.2%

Germany

32 validators · 2.24B

Count

16.2%

Stake

14.7%

Delta

-1.4%

Finland

12 validators · 824.66M

Count

6.1%

Stake

5.4%

Delta

-0.6%

Singapore

12 validators · 729.51M

Count

6.1%

Stake

4.8%

Delta

-1.3%

Poland

9 validators · 535.04M

Count

4.5%

Stake

3.5%

Delta

-1.0%

France

8 validators · 533.59M

Count

4.0%

Stake

3.5%

Delta

-0.5%

Expanded network signals

Longer reads on concentration, openings, and recent entries

Asia is a growth opportunity

Why it matters: Asia is still smaller than Western Europe and North America in the active validator set, but it is already large enough for new deployments to improve geographic balance in a meaningful way.

Suggested approach: Add validators in Asia while broadening the provider base, so the region grows with more than one infrastructure path.

19 validatorsProvider mix: DiverseLargest provider 36.8%

Strengthen provider mix in Oceania

Why it matters: Oceania still has room to grow, but one provider already accounts for much of the visible validator set there.

Suggested approach: Keep growing Oceania, but add the next validators through different providers or facilities so one company does not dominate locally.

5 validatorsProvider mix: ConcentratedLargest provider 100.0%

Finland is leaning on one provider

Why it matters: Finland already shows a concentrated provider mix, so the next improvement comes from variety inside the country, not just higher validator count.

Suggested approach: If growth continues in Finland, prioritize additional providers inside the country instead of reinforcing the current leader.

12 validatorsProvider mix: ConcentratedLargest provider 100.0%

OVHcloud is geographically well spread

Why it matters: OVHcloud appears across a broader mix of countries than most large providers in this snapshot.

Suggested approach: Use OVHcloud as an example of a provider that is spread across markets, then mirror that balance in underrepresented regions with more providers.

18.2% network shareGeographic spread: Broad31.0% country coverage

TeraSwitch is concentrated in one market

Why it matters: TeraSwitch still helps network growth, but its visible presence leans more heavily on one market than peers today.

Suggested approach: When TeraSwitch adds capacity, newer countries would improve overall balance more than adding more of the same market.

10 validators60.0% in top countryGeographic spread: Narrow

New validator entries in the last 30 days

New validator entries stay on this list for 30 days from the date they first appear.

Latest tracked snapshot 26 Jul

No new validator entries have appeared in the last 30 days.

Evidence layer

Snapshot history and operator directory

Search, compare, and export the validator set

Snapshot history

Recent history

-2 validators since the first saved update · geographic balance is mostly unchanged

37 updates

Validators

198

37 updates

Latest point 26 Jul

Operator directory

Searchable validator directory

Search by validator, provider, country, or city.

198 validators in focus


Backpack 02c67b1adef0...3be061fc	The Netherlands · Amsterdam	TeraSwitch Website	2.00B	0.0%	Active
CMS Holdings 02ae1ba7bb24...b5854b5c	United States · Boston	Markley Website	347.37M	4.0%	Active
P2P.org 💙 02b3914ab025...b08b8f8c	Germany · Frankfurt am Main	Servers.com, Inc. Website	263.30M	15.0%	Active
gmonads.com 0316e0861acf...a39a6a54	United Kingdom · London	TeraSwitch Website	252.29M	15.0%	Active
LeMonad 0230fa478f6c...4e15696e	Finland · Helsinki	Hetzner Website	244.46M	3.0%	Active
Nansen \| Stake to Stack Points 03bdd0a2528c...8d1b5b56	Canada · Beauharnois	OVHcloud Website	168.06M	15.0%	Active
Alchemy 02fbb9abb43c...d19f7c68	France · Lille	OVHcloud Website	159.77M	10.0%	Active
polkachu.com 035f6154a9c5...2de23d39	Germany · Falkenstein	Hetzner Website	156.70M	0.0%	Active
ProStaking 03f032be4937...1460a045	United States · Baton Rouge	DartPoints Operating Company, LLC Website	144.85M	15.0%	Active
Stardust Staking 0239fe92a4aa...db992418	Slovakia · Bratislava	VNET a.s. Website	140.92M	15.0%	Active
MonadVision 036e44a09249...ce507187	Singapore · Singapore	OVHcloud Website	123.87M	15.0%	Active
Bitwise Onchain Solutions 0367c93236ec...4d6b6f04	The Netherlands · Amsterdam	Cherry Servers Website	115.23M	15.0%	Active
B-Harvest 031c8bc9614e...e886ece0	South Korea · Seoul	Equinix Website	114.92M	15.0%	Active
Everstake 0300a4d5f222...f54cb329	Germany · Eschborn	Allnodes Website	112.64M	15.0%	Active
Gemini 03702f656c78...89f487ff	United States · Los Angeles	TeraSwitch Website	111.54M	15.0%	Active
MAVAN 038c5b6ebb7a...43ce7325	Australia · Sydney	OVHcloud Website	107.40M	10.0%	Active
forthenads 022243e2310b...8f2b3d65	Costa Rica · San José	Comunicaciones Metropolitanas METROCOM, S.A. Website	104.53M	15.0%	Active
Kairos Research X Firstset 02201bdea9fd...8aff7084	United States · St. Louis	velia.net Website	99.88M	15.0%	Active
Staking4All 0265c19d462f...d5daffee	Germany · Nuremberg	Hetzner Website	99.47M	10.0%	Active
Stakin by The Tie 020c05dedec1...16ae50b7	United States · Chicago	Cherry Servers Website	97.98M	10.0%	Active

198 validators · Page 1 of 10