Total Value Locked$7.66m
TVL by Chain
Monad$7.66m
Key Metrics
Fees 30d$85,902
Fees 30d by chain
Monad$85,902
Fees 7d$15,763
Monad$15,763
Fees 24h$2,068
Monad$2,068
Cumulative Fees$1.6m
Monad$1.6m
Revenue 30d$4,293
Revenue 30d by chain
Monad$4,293
Revenue 7d$786
Monad$786
Revenue 24h$103
Monad$103
Cumulative Revenue$80,155
Monad$80,155
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 APY11.71%
Competitors
ShMonad history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 25, 2025 to Oct 28, 2026.
All-time high TVL: $16.48m on Apr 16, 2026. All-time low TVL: $3.79m on Dec 1, 2025.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 19, 2026 | $7.08m |
| Oct 20, 2026 | $6.85m |
| Oct 21, 2026 | $7.85m |
| Oct 22, 2026 | $7.97m |
| Oct 23, 2026 | $7.47m |
| Oct 24, 2026 | $7.59m |
| Oct 25, 2026 | $7.69m |
| Oct 26, 2026 | $7.65m |
| Oct 27, 2026 | $7.75m |
| Oct 28, 2026 | $7.66m |
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 28, 2026 (latest) | $7.66m |
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) | $75,879 | $3,792 |
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 28, 2026, ShMonad has $7.66m in total value locked. TVL has decreased 26.1% 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 $85,902 in fees. Of that, $4,293 was protocol revenue. Based on the trailing year, the annualized rate is $1.73m in fees and $86,815 in revenue.
How does ShMonad's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, ShMonad ranks #72 by TVL. The category holds $53.809b across 266 protocols, and ShMonad accounts for <0.1% of that total. Similar 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 11.7%.

