/Companies

Fastlane

Pasadena, US · Founded 2022 · 10 known investors

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FastLane provides a maximal extractable value (MEV) protocol and liquid staking token (shMON) for the Monad blockchain, enabling validators and token holders to capture transaction ordering fees and staking rewards.

Also known as FastLane Labs · FastLane-Labs · shMonad

Founders & leadership

Fastlane was founded in 2022 by David Alexander Watts, Alex W., and Jordan Hagan.

DA
David Alexander WattsCo-founder
AWAlex W.
Alex W.Co-founder · Chief Executive OfficerBefore starting FastLane Labs in 2022, he co-founded BPCR and spent six years in wealth management, serving as a Financial Advisor and Vice President at Merrill Lynch Wealth Management and, earlier, at Citi.
JHJordan Hagan
Jordan HaganFounder2022–2026Jordan Hagan started an IT business at 17 and has spent two decades working across transport, agriculture, cloud, and cryptocurrency sectors.
ED
Eric DestaingNamed on SEC filing
MM
Michael MugnoNamed on SEC filing
OS
Oscar Salcedo-IbanexNamed on SEC filing

Investors · 10

Also in the syndicate · 2

dba_xyzleadfigmentcapitallead

Funding

SEC filings, press & company announcements

$4.9M disclosed across 2 of 4 rounds · 2023–2025

▶$3.4MraisedMar 2024 · 32 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jordan Blayne HaganExecutive Officer, Director
  • David Alexander WattsExecutive Officer, Director
Offering amount
$3.5M
Amount sold
$3.4M
Minimum investment
$5K
Proceeds to insiders
$300K
First sale
Mar 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MraisedMar 2023 · 1 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Jordan Blayne HaganExecutive Officer, Director
  • Eric DestaingExecutive Officer, Director
  • David Alexander WattsExecutive Officer, Director
  • Michael MugnoDirector
  • Oscar Salcedo-IbanexDirector
Offering amount
$2.5M
Amount sold
$1.5M
Minimum investment
$5K
Proceeds to insiders
$500K
First sale
Jan 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

FastLane Labs (fastlane.xyz) builds maximal extractable value (MEV) and liquid staking infrastructure for the Monad blockchain. Its core products are the FastLane MEV Protocol — a smart contract plus a validator sidecar that auctions transaction ordering within a validator's blocks to searchers — and shMonad, which issues shMON, a MON-denominated liquid staking token implemented as a standard ERC-4626 position. According to the company's site, shMON yield is drawn from four streams: base Monad staking issuance, MEV revenue from the FastLane auction, Chainlink Smart Value Recapture (SVR) liquidation revenue, and atomic unstaking fees of 0.005% to 1% charged for instant exits (standard unstaking settles free in roughly 24 hours). A planned hMON yield-donation token is described as coming soon, and a USDC "Smart Vault," built with Li Gomez, offers USDC-denominated exposure to the same yield stack with automated monitoring and rebalancing to manage liquidation risk.

FastLane also develops Atlas, described as a generalized execution abstraction protocol for the EVM that lets applications, frontends and oracles run intent and MEV order flow auctions (OEV auctions, backrun order flow auctions, intent/swap RFQs, rebalancing auctions and LVR-resistant AMMs) via configurable "Atlas Modules." The company states it built Atlas as the auction infrastructure powering Chainlink Smart Value Recapture, and that the same system on Monad captures oracle-related MEV for shMON holders. Earlier work referenced on the company blog includes Rocketboost (an onchain DRFQ powered by Atlas), the shBundler for Monad account-abstraction UX, the Monad MEV Research Group, and validator-focused content addressing the Polygon network.

Protocol governance and security controls described by the company include a 5-of-7 geographically distributed multisig with cold-wallet signers, onchain timelocked upgrades, circuit breakers that halt deposits and withdrawals on unexpected shMON exchange-rate moves, participation in Monad's Dedicated Device Program, and audits attributed to Cantina and Guardian.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Atomic unstaking fee rangeJan 20260.005% to 1%
GitHub public repositories (FastLane-Labs org)Jan 202649 repositories
Monad validators routing FastLane MEVJan 2026112 validators (of 197)
Share of total Monad LST TVLJan 202673%
ShMON staking APYJan 202612.1%
Validator adoption by stake weightJan 202668%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 8

launches, deals, and filings
Jan 2026
Introduces the FastLane MEV Protocol for Monad validators

FastLane announced the FastLane MEV Protocol, described as the first fully decentralized MEV auction for Monad validators, in collaboration with Category Labs.

source ↗

Jan 2026
Chainlink strategic partnership on Smart Value Recapture

FastLane states it built Atlas, the auction infrastructure powering Chainlink Smart Value Recapture; on Monad the system routes oracle-related MEV into shMON yield.

source ↗

Jan 2026
Aave listing proposal for shMON pending governance

A proposal to list shMON on Aave, which would allow it to be used as collateral, is pending Aave governance approval.

source ↗

Nov 2025
FastLane Mainnet Points Program launched

FastLane introduced a mainnet Points Program providing a framework for user participation in early Monad economic activity, including earning mechanics and multipliers.

source ↗

Feb 2025
FastLane shBundler introduced

Blog post introducing the shBundler, aimed at improving Monad transaction UX for users and businesses.

source ↗

Aug 2024
Rocketboost launched, powered by Atlas

FastLane introduced Rocketboost, described as the first fully onchain DRFQ, built on the Atlas execution abstraction protocol.

source ↗

Jul 2024
Monad MEV Research Group announced

FastLane Labs announced the Monad MEV Research Group (MMRG), a coalition of validators, protocols, applications and MEV researchers.

source ↗

Apr 2024
Atlas Backruns introduced

FastLane introduced Atlas Backruns, enabling application-specific backrun order flow auctions on the EVM.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Fastlane do?
FastLane Labs runs an onchain MEV auction and the MEV-backed shMON liquid staking token on the Monad blockchain.
Who founded Fastlane?
Fastlane was founded by David Alexander Watts, Alex W., Jordan Hagan in 2022.
Who are Fastlane's investors?
Fastlane's investors include 57Blocks Capital, Coinbase Ventures, Figment, L2 Iterative Ventures (L2IV), Multicoin Capital, Symbolic Capital, DBA, Figment Capital.
How much funding has Fastlane raised?
Fastlane has disclosed $4.9M raised across 2 of its 4 known rounds.
Where is Fastlane headquartered?
Fastlane is headquartered in Pasadena, US.