Price change (24h):
1.42%
High (24h):
$0.02321703
Low (24h):
$0.02243683
Volume (24h):
$216.92
Market Cap:
$1.61M
All Time High:
41.58% $0.04
Apr 16, 2026
All Time Low:
17% $0.02
Jun 4, 2026
0.00 %(1Y)
$0.02285859
Price change (24h):
1.42%
High (24h):
$0.02321703
Low (24h):
$0.02243683
Volume (24h):
$216.92
Market Cap:
$1.61M
All Time High:
41.58% $0.04
Apr 16, 2026
All Time Low:
17% $0.02
Jun 4, 2026
Magma (GMON) is a cryptocurrency launched in 2025. The token is the liquid staking receipt derivative of the Magma DAO, issued upon staking native MONAD on the protocol.
The protocol directly addresses capital immobilization in proof-of-stake networks. Native staking locks assets, rendering them inert for other DeFi activities. Magma severs that tie. By issuing gMONAD—a transferable, yield-bearing token—the platform converts a passive, illiquid stake into an active financial instrument instantly deployable across the Monad ecosystem.
Magma operates on the Monad network. The derivative is minted and managed entirely through on-chain smart contracts, inheriting the security and finality of the underlying layer-1 execution layer without relying on bridging or intermediary custody.
The gMONAD token conforms to the fungible token standard used across Monad dApps, identifiable by the contract 0x8498312a6b3cbd158bf0c93abdcf29e6e4f55081. Stakers receive exactly one gMONAD per MONAD deposited, and the exchange rate continuously appreciates as staking rewards stream into the pooled collateral. Redemption burns gMONAD to retrieve the original stake plus accumulated yields, with no unstaking delays imposed by the protocol.
The project traces its origin to February 18, 2025, when the first gMONAD entered circulation. Hydrogen Labs authored the protocol’s initial technical documentation, but Magma operates as a DAO-governed protocol from day one. There is no single founder, corporate entity, or central operator—parameter updates and fee structures route through community voting.
The mission is to deepen liquidity across Monad’s DeFi landscape without weakening consensus security. By rendering staked MONAD fungible and composable, Magma aggregates fragmented idle capital into a versatile asset base that can serve as collateral, lendable inventory, and tradeable exposure—while still fortifying the network’s validator set.
Minting gMONAD creates a permanent on-chain record of each depositor’s proportional claim to the staking pool. The token itself accrues reward value internally; no manual restaking or claim transactions are necessary. When holders want to exit, they interact with the same smart contract to burn gMONAD and receive the equivalent underlying MONAD plus earned block rewards. This mechanism enables trustless reconciliation without third-party custodians.
A holder of gMONAD might supply liquidity to an automated market maker, such as a gMONAD-MONAD pair, earning swap fees on top of staking yield. The same token can be posted as collateral on a lending protocol to borrow stablecoins, or used as margin for leveraged positions—all while the principal never stops accruing validator rewards. Validator selection remains a DAO-curated process, keeping delegation aligned with network decentralization.
Magma has a total supply of 70,520,340 tokens. Currently, 70,520,340 are in circulation. There is no preset halving cycle or burn mechanism. With a market capitalization of $2,270,363, Magma (GMON) ranks #8,419 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 12/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 11/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 10/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 09/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 08/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 07/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 06/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 05/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
AI trades 24/7 automatically Catch every opportunity
Zero-emotion algorithm Disciplined strategy
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
Disclaimer:
This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.
Cindicator reserves the right to restrict or refuse access to its products for citizens or residents of certain jurisdictions, including those subject to international sanctions or other legal restrictions. All materials provided on this website (including any graphical materials regarding trading strategy performance or P&L) are presented solely for marketing and informational purposes. They do not guarantee any future profits and should not be construed as financial, investment, legal, or other professional advice. Cindicator is not a registered broker-dealer, investment adviser, or regulated financial institution, and the information and services provided do not constitute personal investment advice or a recommendation or offer to buy or sell any securities, cryptocurrencies, or other financial instruments. The information provided herein is summary in nature, does not purport to be complete, and is provided “as is” without any warranty as to its accuracy or completeness. All content may be updated or changed at any time without notice. Past performance is not indicative of future results. To the maximum extent permitted by law, Cindicator (including its directors, officers, and affiliates) shall not be liable for any loss or damage (direct, indirect, special, consequential, or incidental) arising from your use of Cindicator products, this website, or any information contained herein. Please read our Terms of Use for further details. If you do not agree with these terms, please close this site.