Monad ecosystem FastLane announced that its TVL has surpassed 100 million USD within 48 hours

Monad ecosystem FastLane announced that its TVL has surpassed 100 million dollars within 48 hours.

This data is related to the adoption progress of its liquid staking token (LST) protocol "shMonad." According to the protocol design, staking rewards will be distributed to Monad nodes, DeFi applications, and validators. FastLane will advance the migration of nodes from the testnet to the mainnet and plans to integrate with multiple DeFi protocols. Specific technical details and timelines have not yet been fully disclosed.