Curvance · Monad

WMON (WMON/USDC)

Overview

The Curvance WMON on Monad is a lending position where suppliers earn interest by depositing the wrapped version of MONE, denoted as WMON, into a liquidity pool paired with USDC. The protocol generates yield by matching borrowing demand against this pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 5.21%, combining base lending returns of 3.86% with an additional reward layer of 1.35%. Over the past week, the APY has increased by 0.88%, while over the last month it has decreased by 0.16%, placing the current rate below the 30-day mean of 4.92%.

TVL currently sits at $207K with no reported change in the past seven days. The primary risk exposure is smart-contract risk due to the protocol's reliance on code for executing transactions and distributing rewards. Given its lending nature, the pool’s utilization rate reflects typical levels seen within this category of DeFi protocols.

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

  Current APY is 3.65%; 30-day mean is 7.37%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 63% confidence based on historical patterns.

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