Logo of ShMonadShMonad
Total Value Locked$11.68m

TVL by Chain

Monad$11.68m

Key Metrics

Fees (Annualized)$1.9m
Fees 30d$79,151

Monad$79,151

Fees 7d$19,057

Monad$19,057

Fees 24h$4,066

Monad$4,066

Cumulative Fees$1.41m

Monad$1.41m

Revenue (Annualized)$95,122.53
Revenue 30d$3,956

Monad$3,956

Revenue 7d$952

Monad$952

Revenue 24h$203

Monad$203

Cumulative Revenue$70,307

Monad$70,307

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.

Category:Liquid Staking

Audits:

WebsiteTwitter

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 GitHub

Yields

Pools Tracked1

Average Supply APY14.12%

Competitors

Kintsu ($2.67m)Magma Staking ($1.44m)aPriori ($721,900.85)Moonmace ($3,973.42)Lido ($23.137b)Binance staked ETH ($8.979b)ether.fi Stake ($4.267b)Sanctum Validator LSTs ($1.367b)Rocket Pool ($1.285b)Kinetiq kHYPE ($1.077b)

Frequently Asked Questions

What is ShMonad?

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.

What is ShMonad's TVL?

ShMonad currently has $11.68m in total value locked. TVL has increased 20.5% 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 $79,151 in fees. Of that, $3,956 was protocol revenue. Based on the trailing year, the annualized rate is $1.9m in fees and $95,122.53 in revenue.

How does ShMonad's TVL compare to similar protocols?

Among Liquid Staking protocols tracked by DefiLlama, ShMonad ranks #62 by TVL. The category holds $49.333b across 269 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, Sanctum Validator LSTs, Rocket Pool, and Kinetiq kHYPE.

How many yield pools does ShMonad have?

DefiLlama tracks 1 ShMonad yield pool with an average APY of 14.1%.