ShMonadPrice(SHMON)
Details ShMonad (SHMON) Price information (USD)
The current real-time price of SHMON is $0.0351. In the past 24 hours, SHMON has traded between $0.0348 and $0.0384, showing strong market activity. The all-time high of SHMON is $0.0697, and the all-time low is $0.0244.
From a short-term perspective, the price change of SHMON over the past 1 hour is
ShMonad (SHMON) Market Information
ShMonad (SHMON) Today's Price
The live price of SHMON today is $0.0351, with a current market cap of $9.983M. The 24-hour trading volume is 104K. The price of SHMON to USD is updated in real time.
ShMonad (SHMON) Price History (USD)
What is SHMONAD (SHMON)?
When is the right time to buy SHMON? Should I buy or sell SHMON now?
Before deciding whether to buy or sell SHMON, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SHMON technical analysis can provide you with trading references.
Future price trend of SHMON
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SHMON.
How much will SHMON be worth tomorrow, next week, or next month in ? What about your SHMON assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SHMON Price Prediction
How to buy SHMONAD (SHMON)
Convert SHMON to local currency
SHMON Resources
To learn more about SHMON, consider exploring other resources such as the whitepaper, official website, and other published information:
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SHMONAD (SHMON) FAQ
What is ShMonad (shMON)?
ShMonad (shMON) is a liquid staking token developed by FastLane Labs for the Monad blockchain. When users stake MON, which is Monad's native gas token, they receive shMON. This token represents their staked position along with all future rewards it accrues.
How does shMON differ from other liquid staking tokens?
shMON distinguishes itself by offering consolidated revenue streams and points incentives within a unified financial structure, providing stabilized returns and enhancing user interaction within the Monad ecosystem. Its yield is generated from multiple sources, including Monad's native staking rewards, Maximum Extractable Value (MEV) protocols for validators and applications, and RPC services.
What are the key benefits of liquid staking with shMON?
Key benefits include enhanced liquidity, allowing shMON tokens to be traded, used as collateral, or deployed in various DeFi applications while continuously accumulating staking rewards. Transparency is ensured as every shMON token is fully backed by real staked MON, with a clear accounting of all assets. An exchange rate mechanism protects long-term holders by preventing large depositors from unfairly extracting value. Furthermore, shMON offers diverse revenue streams, with yields boosted by validator MEV, application-specific MEV protection, RPC usage, and transaction automation.
How can users acquire and utilize shMON?
Users can acquire shMON by purchasing it through platforms like shmonad.xyz or by staking their MON tokens directly. Beyond staking, shMON can be traded on spot markets, utilized in various "Earn" products to generate returns, or sent to other users as a form of payment. A unique feature is the ability to commit shMON tokens into "policy vaults," which pre-allocates funds for specific decentralized applications (dApps) and protocols to ensure seamless participation in Monad's asynchronous execution.
What is the "Commitment Mechanism" or "Policy Vaults" in ShMonad?
This mechanism involves users committing their shMON tokens into specialized "policy vaults." This action ensures that funds are readily available for protocol participation during Monad's asynchronous execution model. By pre-allocating funds for specific dApps, the system prevents execution failures due to insufficient funds and maintains the reliability of protocol interactions.
What are the options for unstaking shMON?
Users have two primary methods for unstaking: Instant Withdrawal allows immediate withdrawal through an atomic pool, typically incurring a small fee. The Traditional Unstaking process takes several epochs to complete but does not involve any fees.
