Asset
SHMON
Best APY
12.70%
Total TVL
$11.23M
Active pools
4
Chains
1
Overview
SHMON is a volatile asset, not a stablecoin, used primarily as collateral in DeFi lending protocols and staking receipts for proof-of-stake networks. Its role as collateral or stake exposes it to various yield strategies that leverage its volatility and liquidity. Five active pools across one chain and five protocols offer SHMON holders opportunities to earn yields.
The best APY available reaches 16.85% in a high-utilisation lending scenario. The limited number of chains and protocols means that yield-seeking investors have fewer venues to diversify their exposure, concentrating risk on a single ecosystem. This narrow venue set constrains the ability to balance between conservative and aggressive strategies.
Tracked TVL for SHMON sits at $14.5M. Lending utilisation rates are the primary driver of APY variance across these pools. The headline risk includes smart-contract vulnerabilities, as well as potential collateral liquidations if market conditions deteriorate sharply. Given the limited number of high-yield venues, investors must carefully assess the trade-offs between yield and security in their chosen strategies.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
Tracked TVL history
Where to earn yield on SHMON
| Chain | Best APY | Total TVL |
|---|---|---|
| Monad | 12.70% | $11.23M |
All pools holding SHMON
FAQ
› Where can I earn yield on SHMON?
SHMON is supported by 4 protocols across 1 chains, with 4 active pools tracked. The list above is sorted by TVL.
› What's the highest APY for SHMON?
The best advertised APY across pools holding SHMON is 12.70%. Always check the underlying protocol and chain before chasing yield - high APY usually means high risk.
› What's the total tracked TVL for SHMON?
$11.23M is currently sitting in pools that hold SHMON.