Magma

About Magma

Magma is a community-powered liquid staking protocol on Monad, focused on providing staking solutions with MEV-boosted yields. It enables users to stake MON and receive gMON for use in DeFi, while delegating to top validators and sharing MEV rewards to enhance APY. Community members participate in decision-making to align with the long-term direction of the protocol within the Monad ecosystem.

Products & Services

Liquid Staking on Monad:Allows users to stake MON into a pool, receive gMON (Liquid Staking Token) for DeFi usage, and earn staking rewards plus additional APY from MEV.

Nad or No Nad:A betting and risk-taking game where users can play to win gMON.

Specialties

Liquid Staking MEV-boosted Yields DeFi Solutions Community Governance

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Seed T: - FT: Seed	A: 3900000 MR: - FA: 3.9M FAN: 3900000	D: 2024-10-30 FD: 2024-10-30	16 investors

Seed Latest

2024-10-30

$3.9M

16 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Magma Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised