What is Magma?

Magma is a DAO-governed liquid staking protocol built on the Monad blockchain. It allows users to stake Monad tokens while receiving gMON, a liquid representation of their staked assets, enabling continued participation in DeFi activities without sacrificing staking rewards or network security.
By combining capital efficiency with network participation, Magma unlocks new utility for Monad stakers and strengthens overall decentralization. The protocol has already attracted considerable attention, securing $3.9 million in seed funding from high-profile investors such as Animoca Brands, CMS Holdings, IVC, Maelstrom, and Builder Capital.
With its DAO-first approach and focus on ecosystem growth, Magma is positioning itself as a foundational component of staking infrastructure within the Monad network.

Staking&Deposit Swap&Bridge