Enzyme
$1.38
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
- Cryptocurrency
- Enzyme (MLN)
- Sector
- DeFi
- Market Cap Rank
- #1695
- Current Price
- $1.38
- Market Capitalization
- $4.51M
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$4.51M
Volume
$1.28M
Circulating Supply
3.28M
Total Supply
3.28M
What is Enzyme?
Enzyme (MLN) is a decentralized finance protocol that provides financial services without traditional intermediaries like banks. It is currently ranked #1695 by market capitalization, trading at $1.38 with a total market cap of $4.51M.
How does Enzyme work?
Enzyme Finance (formerly Melon Protocol), launched in 2017, operates-chain asset management infrastructure enabling creation and management of tokenized investment vehicles. As of December 2025, the protocol manages $184.74 million TVL across Ethereum and Polygon networks. MLN currently trades at $6.82 with market cap of $20.5 million and 2.99 million circulating tokens. In April 2025, Enzyme pivoted to position itself infrastructure for tokenized finance, launching Enzyme Blue for...
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Entry #1544 · published Dec 11, 2025 · commit a312a4f
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