A key design feature is that it works with wallets people already use. The project’s own site says users do not need new seed phrases or new accounts. Nullmask’s technical overview also says it uses a UTXO model, similar to Bitcoin, rather than Ethereum’s account model.
The protocol includes compliance controls. In an October 2026 press release hosted by The Block, Nullmask said every deposit waits as pending until it is approved, and that verified law enforcement requests are acknowledged within 72 hours. The Block noted it does not necessarily endorse statements in the release. The same release said Nullmask had processed more than $50 million in private volume since 1 October and was live on Ethereum, Base, BNB Chain and Robinhood Chain.
Why Monad Is a Natural Fit
Monad is an independent Layer 1 blockchain that supports the EVM. Ledger’s academy guide says Ethereum smart contracts run on Monad without modification, and that the network targets roughly 10,000 transactions per second. Because Nullmask is built for EVM chains, Monad’s bytecode compatibility with Ethereum is relevant to the integration.
Monad’s mainnet launched on 24 November 2025, according to Atomic Wallet’s explainer, which also notes that throughput figures remain performance targets that will be tested under production conditions.
Privacy tools remain a closely watched area of crypto because public blockchains expose payments, balances and counterparties to anyone with an address. Adding a shielded option to a fast EVM chain gives Monad users an alternative to fully transparent transactions, though adoption and usage on the network will determine how significant the integration proves to be.
Sources
IQ.wiki: Nullmask overview
The Block: Nullmask private volume press release
Ledger Academy: Guide to Monad blockchain