Ask about ShMonad
Logo of ShMonadShMonad
Total Value Locked$8.93m

TVL by Chain

Monad$8.93m

Key Metrics

Fees (Annualized)$1.98m
Fees 30d$114,838

Monad$114,838

Fees 7d$18,670

Monad$18,670

Fees 24h$2,324

Monad$2,324

Cumulative Fees$1.35m

Monad$1.35m

Revenue (Annualized)$99,334.68
Revenue 30d$5,741

Monad$5,741

Revenue 7d$934

Monad$934

Revenue 24h$116

Monad$116

Cumulative Revenue$67,337

Monad$67,337

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:

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 APY11.44%

Competitors

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 $8.93m in total value locked. TVL has increased 17% 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 $114,838 in fees. Of that, $5,741 was protocol revenue. Based on the trailing year, the annualized rate is $1.98m in fees and $99,334.68 in revenue.

How does ShMonad's TVL compare to similar protocols?

Among Liquid Staking protocols tracked by DefiLlama, ShMonad ranks #58 by TVL. The category holds $35.469b across 256 protocols, and ShMonad accounts for <0.1% of that total. Other leading protocols include Lido, Binance staked ETH, and Sanctum.

How many yield pools does ShMonad have?

DefiLlama tracks 1 ShMonad yield pool with an average APY of 11.4%.