What is ShMonad (SHMON)?
ShMonad is a liquid staking token that works as a core component in FastLane's MEV and RPC infrastructure, empowering applications and validators to work together to make the Monad blockchain faster, safer, and more secure. ShMonad holders benefit from this integration with the infrastructure by receiving an enhanced staking yield that's boosted from multiple sources such as validator MEV, application-specific MEV protection, RPC usage, transaction automation, and more.
Where can you buy ShMonad?
ShMonad (SHMON) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for SHMON sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for SHMON. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.
