Curvance · Monad

SMON (sMON/WMON)

Overview

The Curvance SMON on Monad is a single-asset lending position where suppliers earn variable interest on deposits of the sMON token. The protocol generates yield by routing borrowing demand against pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 0%, with no additional reward component. There is no trend data available for both the 7-day and 30-day periods.

TVL currently sits at $444K, with smart-contract risk as the primary exposure due to the single-asset nature of the pool. This lending arrangement does not involve impermanent loss or depeg risks associated with stablecoins, focusing solely on the protocol's operational integrity.

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.