Curvance · Monad

SHMON (shMON/WMON)

Overview

The Curvance SHMON pool on Monad is a single-asset lending position where suppliers earn variable interest on deposits of the shMON/WMON token pair. This protocol generates yield by matching borrowing demand against pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 0%, with no reward component. The 7-day and 30-day trends are both flat, showing no change in recent periods.

TVL is $618K with no reported 7-day change. Primary exposure here is smart-contract risk due to the single-asset nature of the pool. This lending pool's utilization rate remains within typical ranges for its category and protocol.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.