I held a monocular class one for a short time when I had a problem with one eye. The only restrictions I recall were no low (Ag) flying or Rotary Wing ops.
The poor eye still 'worked' but not to standard. (it subsequently fixed itself). I understand that eye loss due trauma may have some issues until you get used to using one eye for depth etc.... But if you have some use of the poor eye then you should be ok as it will give you field of view etc even if not to specs.
I know one mate who has one eye and a class 2 medical. No night flying was his restriction I recall. He was a good formation pilot, so I guess it worked for him!
Good luck!