Monolith is a decentralized banking alternative powered by Ethereum. It offers a non-custodial contract wallet for securely storing Ethereum-based tokens. Users can exchange these tokens to fiat and load them onto their Monolith Visa debit card. The Contract Wallet is non-custodial, open-source, and decentralized, providing advanced security features to protect users' funds in the event of an attack. The Monolith Visa debit card is accepted globally and currently available for EEA residents (31 countries within Europe).

The Monolith token, TKN, allows community members to participate in the success of the Monolith card. TKN is backed by a growing basket of ERC-20 tokens that people use for everyday purchases. Whenever a Monolith card user spends any token other than TKN, a 1% contribution is sent to the TKN Community Chest. TKN holders can cash and burn their tokens at any time to redeem their share of the chest.