Monad
Monad doesn't have native staking. Liquid staking and DeFi alternatives further down still let you earn yield.
Monad uses Proof-of-Work — there is nothing to stake natively. See DeFi alternatives below.
Earn yield · DeFi options
How to earn yield on MON
Since Monad doesn't have native staking, the way to earn on MON is through DeFi pools — either by lending it, providing liquidity, or wrapping it onto a chain that does support staking. DeFi adds smart-contract and (for LP) impermanent-loss risk.
morpho-blue - STEAKETH
Yield
4.29%
Pool size
$54.9Million
townsquare - ENZOBTC
Yield
0.01%
Pool size
$51.4Million
curvance - EBTC
Yield
0.0%
Pool size
$40Million
173 pools
Apps on this chain · ranked by value held
What's running on Monad
Each protocol is a separate app. Lenders let you earn interest on what you deposit; DEXes let people swap tokens; liquid-staking apps give you a tradeable receipt for your staked coin. Tap any to see how to use it.
32 apps tracked
| App | Category | Chains | Best reward rate | Value held on Monad ↓ | Yield options | |
|---|---|---|---|---|---|---|
| MO Morpho Blue morpho-blue | Lending | 18 | 7.81% | $170Million | 2 | → |
| NE Neverland neverland | Yield | 1 | 8.85% | $105Million | 5 | → |
| ST Steakhouse Financial steakhouse-financial | Lending | 5 | — | $81.8Million | — | → |
| CU Curvance curvance | Lending | 1 | 9.25% | $57Million | 5 | → |
| MU Multipli.Fi multipli-fi | Lending | 5 | — | $50Million | — | → |
| AF Afi Protocol afi-protocol | Lending | 3 | — | $50Million | — | → |
| HY Hyperithm hyperithm | Risk curators | 4 | — | $49.3Million | — | → |
| UP Upshift upshift | Lending | 5 | 7.45% | $36.1Million | 1 | → |
| EU Euler V2 euler-v2 | Yield | 11 | — | $28.8Million | — | → |
| UN Uniswap V4 uniswap-v4 | DEX & liquidity | 8 | — | $21.6Million | — | → |
| SA Sablier Lockup sablier-lockup | Payments | 11 | — | $17.5Million | — | → |
| CU Curve Dex curve-dex | DEX & liquidity | 15 | 16.1% | $16.6Million | 2 | → |
| EU Euler DAO euler-dao | Risk curators | 5 | — | $16Million | — | → |
| SH Shmonad shmonad | Liquid staking | 1 | 11.4% | $14.7Million | 1 | → |
| BA Balancer V3 balancer-v3 | DEX & liquidity | 5 | 3.59% | $11.3Million | 1 | → |
| RE Reservoir Protocol reservoir-protocol | Stablecoin debt | 2 | — | $11Million | — | → |
| JO Joe V2.2 joe-v2-2 | DEX & liquidity | 2 | 0.57% | $4.63Million | 1 | → |
| KI Kintsu kintsu | Liquid staking | 1 | 11.2% | $3.45Million | 1 | → |
| UN Uniswap V3 uniswap-v3 | DEX & liquidity | 13 | — | $2.97Million | — | → |
| PA Pancakeswap Amm V3 pancakeswap-amm-v3 | DEX & liquidity | 6 | — | $2.85Million | — | → |
| MO Monday Trade Perps monday-trade-perps | Derivatives | 1 | — | $2.56Million | — | → |
| UL UltraYield Curator ultrayield-curator | Risk curators | 5 | — | $2.52Million | — | → |
| GE Gearbox gearbox | Stablecoin debt | 3 | — | $2.52Million | — | → |
| LE LeverUp leverup | Derivatives | 1 | — | $2.43Million | — | → |
| RE Renzo renzo | Liquid staking | 7 | — | $2.26Million | — | → |
| ME Mento V3 mento-v3 | DEX & liquidity | 1 | — | $1.86Million | — | → |
| MA Magma Staking magma-staking | Liquid staking | 1 | 11.7% | $1.63Million | 1 | → |
| CL Clearstar clearstar | Risk curators | 6 | — | $1.61Million | — | → |
| BE Beefy beefy | DEX & liquidity | 10 | 14.5% | $1.58Million | 1 | → |
| ME Mento V2 mento-v2 | Stablecoin issuer | 3 | — | $1.4Million | — | → |
| UN Uniswap V2 uniswap-v2 | DEX & liquidity | 6 | — | $1.19Million | — | → |
| PE Perpl perpl | Derivatives | 1 | — | $1.09Million | — | → |
Read up before you stake
Background reading on Monad staking
Guide
What is staking?
The plain-English version: how locking your tokens earns you new tokens, and why the network pays you to do it.
Read the guide →
Guide
How blockchains differ from each other
Why Solana, Ethereum, and Cosmos chains pay different rates and why their security models differ.
Read the guide →
Guide
What does a validator actually do?
Validators run the chain. Pick a healthy one and your rewards arrive on schedule; pick a bad one and you can lose part of your stake.
Read the guide →
Frequently asked
What people ask about Monad staking
What does staking MON on Monad mean?
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Staking on Monad means locking your MON with a validator that helps run the network. In return, the network pays you a share of newly created tokens — similar to how a savings account pays interest, but the rate is set by the protocol, not a bank.
How much can I earn?
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Right now the top validators on Monad pay varies by validator per year, after their commission. The rate moves with the chain's inflation schedule and how much of the supply is staked overall.
Is staking safe?
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Your tokens stay in your wallet — you never hand them over. The two real risks are slashing (the network can shrink your balance if your validator misbehaves, which is rare) and lock-up (you can't sell instantly during the unbonding period). Pick a validator with a track record and you sidestep most of the risk.
Can I unstake whenever I want?
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Yes, but unstaking is not instant. Most chains have an unbonding period of a few days to a few weeks during which you don't earn rewards and can't sell. Liquid-staking tokens (like stETH for Ethereum) sidestep this by giving you a tradeable receipt token.
What wallet do I need?
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Any non-custodial wallet that supports Monad works — Phantom or Solflare for Solana, Keplr for Cosmos chains, MetaMask for Ethereum and EVM chains, Yoroi or Eternl for Cardano. Connect, choose a validator, click delegate. The whole flow takes a couple of minutes.
See also
Terms used on this page
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Validator
A computer that processes transactions and votes on the blockchain's state. In return for keeping the network honest it collects fees and staking rewards.
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Slashing
An automatic penalty where part of a validator's stake is destroyed for misbehaviour or extended downtime. Real risk for delegators too.
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Unbonding Period
The waiting time after you unstake before tokens become liquid again. Ranges from minutes (Ethereum LSTs) to 21+ days (Cosmos chains).
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Validator Commission
The fee a validator takes from staking rewards before passing the rest to delegators. Often 5–15%; lower means more of the reward reaches you.
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Real Yield
Yield paid in revenue-bearing assets (ETH, USDC, fees) rather than newly minted protocol tokens. The non-inflationary part of the rate.