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 GitHubYields
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%.

