Magma Staking: Liquid Yield for Monad, Built for the Community
Some protocols chase yield. Others chase decentralization. Magma does both, and brings it to Monad with a clean liquid staking experience that DeFi can actually use.
What is Magma?
Magma is a community-owned liquid staking protocol on Monad. Stake MON and receive gMON, a liquid staked token that stays usable across the ecosystem while your stake works in the background. gMON is designed to be fully backed 1:1 and redeemable for MON, so you can move between staking and DeFi without the lock-up headache.
Why it’s different
- MEV-boosted yield. Magma pairs gMON with a high-speed block engine that simulates blocks and adds revert protection, helping validators, searchers, and ultimately gMON holders to capture more of the MEV that would otherwise leak.
- Distributed Validators. Magma is building the first DV network outside Ethereum. DV spreads validator key shares across independent operators, reducing slashing risk and improving decentralization for both Magma and Monad.
- Community first governance. Parameters, operator sets, and program incentives are steered by a DAO with a clear proposal → vote → execute flow.
Try it on testnet
Magma is live on Monad testnet:
- Connect a wallet and switch to Monad testnet.
- Get testnet MON from the faucet.
- Stake for gMON; unstake to redeem.
(Heads up: Their staking rewards kick in when mainnet staking is active.)
Start here: https://www.magmastaking.xyz/
Socials: https://x.com/MagmaStaking
Lab perk: PSP claim
To celebrate Magma live on testnet, holders of a Magma Roarrr NFT can claim +1,000 PSP in the Levr Lab.
- Claim PSP (Lab): https://app.levr.bet/lab
If you’re building on Monad or just stacking yield the smart way, Magma is one to watch: liquid staking with MEV-aware design today, and DV-powered decentralization tomorrow.
