sMON

sMON is a liquid-staking position on Curvance: you deposit MON, receive a receipt token that accrues the validator staking yield, and stay composable across the rest of Monad DeFi.

TVL is moderate ($100k+) at $204.78K; our risk score rates it 7.3/10 (moderate-risk) and the pool currently shows 0% APR (no active campaign). The exposure is a Monad LST. Your principal stays correlated to MON; the additional risks are the LST's own (slashing exposure, unbonding queue, peg drift vs MON).