Magma gMON
Earn staking yield on MON via Magma liquid staking
Not a fit if
- Not a fit if you need immediate exits
- Not a fit if you want stable asset exposure
- Exit liquidity may be limited
- Depends on curator or governance decisions
Asset exposure
Depositors are exposed to MON price movement, the gMON exchange rate, Magma staking and vault mechanics, validator behavior, LST liquidity, and async redemption timing.
Yield source
Yield comes from delegated MON staking rewards and Magma's MEV rewards model accruing through the non-rebasing gMON exchange rate.
Live APY: -- - Source: Yield unavailable - As of: No live APY timestamp
Withdrawal reality
gMON redemptions are asynchronous: users request redemption, wait through Monad's epoch-based undelegation delay, then claim MON or WMON when the request is ready.
- Submit a Magma redemption request for gMON shares.
- Wait until the undelegation or redeem delay has elapsed.
- Claim the matured redemption as MON or WMON.
Primary risks
Main risks are MON price exposure, gMON liquidity or depeg, validator and epoch timing, slashing or delegation-policy outcomes, oracle and exchange-rate assumptions, governance, and smart contract risk.
Allocrypt role
Allocrypt supports opt-in gMON deposits and async withdrawal request/claim handling while excluding gMON from automated allocation defaults.
The user's Safe holds gMON directly after deposit.
Only the user controls the signing keys for the Safe.
PortfolioRouter takes a 0.49% fee in vault shares after the external vault deposit and sends it to the treasury when deposits are enabled.
Sources and freshness
Reviewed 2026-06-02 - Confidence: medium - Reviewed Jun 2026
- Allocrypt reviewed research
- Magma documentation
- Magma gMON Monad mainnet read-only contract checks
Start the deposit or withdrawal process for this vault.
Vault Info
Protocol