# gMON (gMON)

> Magma is a DAO-owned Liquid Staking platform for Monad. gMONAD is a derivative of MONAD that is staked on Magma, allowing users to stake their MONAD tokens and retain their liquidity. gMONAD holders will be able to tap into the liquidity of their MONAD tokens, and use gMONAD for DeFi activities on Monad. gMONAD can be used as collateral across dAPPS within the Monad ecosystem to buy, sell, trade, lend and borrow.


## Price Data

- **Current Price**: $0.03
- **Market Cap**: $2.23M
- **Fully Diluted Valuation**: $2.23M
- **Circulating Supply**: 70.52M gMON
- **Total Supply**: 70.52M gMON

## Price Changes

- **24h**: +0.01%
- **30d**: +0.32%
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: monad

## Resources

- [Website](https://magmastaking.xyz/)
- [Coingecko](https://www.coingecko.com/en/coins/magma-staked-monad)

## Links

- [View on Zerion](https://app.zerion.io/tokens/gMON-34241e25-9a6a-427f-ac66-762f5d43fa93)
- [Trade on Zerion](https://app.zerion.io/tokens/gMON-34241e25-9a6a-427f-ac66-762f5d43fa93)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset