Problem Statement - Onchain trading infrastructure is currently inadequate for institutional adoption due to fragmented liquidity and other issues [1] - Existing DEXs face challenges such as competing for liquidity providers (LPs), fragmented liquidity, high slippage, and expensive liquidations [1] Monaco Protocol Solution - Monaco aims to fix the fragmented DEX landscape to support institutional markets [1] - Monaco offers a shared liquidity layer with a unified orderbook, instant execution, and sub-400ms settlement on Sei [1] - Monaco is built for Wall Street-grade trading [1]