Total Value Locked$7.28m
TVL by Chain
Monad$7.28m
Key Metrics
Fees 30d$91,131
Fees 30d by chain
Monad$91,131
Fees 7d$19,939
Monad$19,939
Fees 24h$2,300
Monad$2,300
Cumulative Fees$1.58m
Monad$1.58m
Revenue 30d$4,558
Revenue 30d by chain
Monad$4,558
Revenue 7d$996
Monad$996
Revenue 24h$115
Monad$115
Cumulative Revenue$78,979
Monad$78,979
Protocol Information
Stake MON, get shMON—the liquid staking token that keeps earning + MEV rewards while you commit it to programmable policies. One token secures the network and backs your favourite dApps, all without sacrificing liquidity.
Audits:
Methodology
TVL: TVL is calculated as the sum of staked, reserved, allocated capital (minus distributed), and current assets held by the Shmonad protocol.View code on GitHubFees: Fees calculated from exchange rate appreciation (totalAssets / totalSupply), following ERC-4626 standard.View code on GitHubRevenue: 5% of yield goes to protocol, deducted before distributing to shMON holders.View code on GitHubYields
Pools Tracked1
Average Supply APY12.56%
Competitors
ShMonad history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 25, 2025 to Oct 18, 2026.
All-time high TVL: $16.48m on Apr 16, 2026. All-time low TVL: $3.79m on Dec 1, 2025.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $9.04m |
| Sep 20, 2026 | $8.97m |
| Sep 21, 2026 | $8.99m |
| Sep 22, 2026 | $9.38m |
| Sep 23, 2026 | $9.94m |
| Sep 24, 2026 | $8.74m |
| Sep 25, 2026 | $9.2m |
| Sep 26, 2026 | $9.71m |
| Sep 27, 2026 | $9.77m |
| Sep 28, 2026 | $10.36m |
| Sep 29, 2026 | $10.19m |
| Sep 30, 2026 | $9.77m |
| Oct 1, 2026 | $11.79m |
| Oct 2, 2026 | $12.02m |
| Oct 3, 2026 | $11.47m |
| Oct 4, 2026 | $11.69m |
| Oct 5, 2026 | $10.66m |
| Oct 6, 2026 | $10.04m |
| Oct 7, 2026 | $9.26m |
| Oct 8, 2026 | $8.34m |
| Oct 9, 2026 | $7.87m |
| Oct 10, 2026 | $8m |
| Oct 11, 2026 | $8.95m |
| Oct 12, 2026 | $9.8m |
| Oct 13, 2026 | $8.57m |
| Oct 14, 2026 | $8.82m |
| Oct 15, 2026 | $8.47m |
| Oct 16, 2026 | $7.61m |
| Oct 17, 2026 | $7.6m |
| Oct 18, 2026 | $7.28m |
TVL at each month end, Nov 2025 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2025 | $4.34m |
| Dec 31, 2025 | $11.26m |
| Jan 31, 2026 | $9.12m |
| Feb 28, 2026 | $9.49m |
| Mar 31, 2026 | $9.59m |
| Apr 30, 2026 | $12.03m |
| May 31, 2026 | $10.13m |
| Jun 30, 2026 | $7.63m |
| Jul 31, 2026 | $9.34m |
| Aug 31, 2026 | $10.51m |
| Sep 30, 2026 | $9.77m |
| Oct 18, 2026 (latest) | $7.28m |
Fees and revenue by UTC calendar month, Nov 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2025 | $14,590 | $729 |
| Dec 2025 | $180,033 | $9,001 |
| Jan 2026 | $160,647 | $8,034 |
| Feb 2026 | $149,497 | $7,475 |
| Mar 2026 | $172,307 | $8,612 |
| Apr 2026 | $228,510 | $11,424 |
| May 2026 | $201,747 | $10,087 |
| Jun 2026 | $125,743 | $6,288 |
| Jul 2026 | $116,699 | $5,834 |
| Aug 2026 | $89,868 | $4,493 |
| Sep 2026 | $87,736 | $4,386 |
| Oct 2026 (to date) | $52,307 | $2,616 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/shmonad
Frequently asked questions
What is ShMonad's TVL?
As of Oct 18, 2026, ShMonad has $7.28m in total value locked. TVL has decreased 13.6% over the past 30 days.
What chains does ShMonad operate on?
ShMonad operates on Monad. Monad holds the largest share at 100%.
How much has ShMonad generated in fees and revenue?
Over the past 30 days, ShMonad generated $91,131 in fees. Of that, $4,558 was protocol revenue. Based on the trailing year, the annualized rate is $1.76m in fees and $88,157 in revenue.
How does ShMonad's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, ShMonad ranks #75 by TVL. The category holds $54.755b across 265 protocols, and ShMonad accounts for <0.1% of that total. Other leading protocols include Kintsu, Magma Staking, aPriori, Moonmace, Lido, Binance staked ETH, ether.fi Stake, JustLend sTRX, Sanctum Validator LSTs, and Rocket Pool.
How many yield pools does ShMonad have?
DefiLlama tracks 1 ShMonad yield pool with an average APY of 12.6%.

