Neverland · Monad

SHMON

Overview

The Neverland SHMON pool on Monad is a single-asset lending position where suppliers earn variable interest on SHMON deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and paying suppliers from the resulting interest spread. Total APY of 4.18% comes from base lending plus an additional reward layer. Over the past seven days, the rate has increased by 0.49%, while over the last thirty days it has decreased by 1.18%. This current rate is above the 30-day mean of 4.18%. TVL stands at $2.1M with no reported change in the past seven days; primary exposure is smart-contract risk due to the protocol's reliance on automated processes. The lending pool operates within a stable and predictable range for utilization rates typical of its category.

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 1.19%; 30-day mean is 3.35%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 92% confidence based on historical patterns.

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