---
title: "Hold Pendle YT or LP of MON from the SY ShMonad market"
description: "Earn rewards by depositing MON into Pendle and holding the Yield or LP Token on Monad"
canonical: "https://app.merkl.xyz/opportunities/13968556409451916836"
chain: "Monad"
protocol: "Pendle"
type: "ERC20LOGPROCESSOR"
page: 1
items: 25
totalPages: 1
updated: 2026-08-14T11:47:55.000Z
---

# Hold Pendle YT or LP of MON from the SY ShMonad market

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [Monad chain (markdown)](https://app.merkl.xyz/chains/monad.md)
- [Pendle protocol (markdown)](https://app.merkl.xyz/protocols/pendle.md)

Earn rewards by depositing MON into Pendle and holding the Yield or LP Token on Monad

## Key metrics

- **Total Value Locked**: $0
- **APR**: 0.00%
- **Native APR**: —
- **Daily rewards**: $0
- **Live campaigns**: 1
- **Chain**: Monad
- **Protocol**: Pendle
- **Protocol trusted**: Yes — verified by DefiLlama (https://defillama.com/protocol/pendle)

## Tokens

- [MON](https://app.merkl.xyz/tokens/MON.md)
- [SY-shMON](https://app.merkl.xyz/tokens/SY-shMON.md)

## Campaigns — page 1 of 1 (1 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [15230560…](https://app.merkl.xyz/opportunities/13968556409451916836/campaigns/15230560201085113464.md) | live | [shMON Points](https://app.merkl.xyz/tokens/shMON%20Points.md) | 0.00% | $0 | 2026-07-22 | 2026-08-22 |

## Participate

- [Deposit](https://app.pendle.finance/trade/markets/)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/13968556409451916836)
- [Monad chain page](https://app.merkl.xyz/chains/monad)
- [Pendle protocol page](https://app.merkl.xyz/protocols/pendle)