Neverland · Monad

SMON

Overview

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

Total APY stands at 5.34%, composed entirely of rewards with no base lending component. Over the past seven days, the rate has increased by 0.14% while over thirty days it has risen by 1.36%. This current rate is above the 30-day mean of 5.07%.

TVL in the pool is $821K with no reported change over the last week. The primary risk here is smart-contract exposure, as this is a single-asset lending pool without multi-token dynamics or stablecoin depeg concerns.

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 1.23%; 30-day mean is 4.21%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 89% confidence based on historical patterns.

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