Enzyme MLN
1. Summary
- Price
-
$8.67 +1.8%
- Market Cap
- $26.03M (#942)
- Supply
- 1.45M / 2.67M
- Description
-
Overview
Enzyme is a fast and cost-effective decentralized asset management platform that allows users to build, scale, and monetize investment strategies in the DeFi (Decentralized Finance) space. It is powered by the MLN token, an ERC-20 utility token that grants access to the protocol and supports its development, maintenance, and marketing.
Features
- Customizable Asset Pools: Users can create and manage customizable vaults that pool up to 20 tokens with determined investment strategies.
- Programmable Risk Management: Users can manage risk through programmable smart contract-enforced measures.
- 24/7 Net Asset Value Reporting: Users have access to real-time NAV reports, ensuring transparency.
- Trustless Trading Delegation: Users can set up smart contract-enforced permissions and trading roles within their organizations.
Operations
- Chain Options: Enzyme Finance supports both Ethereum and Polygon chains, allowing users to choose based on their needs.
- Vault Management: Users can deposit assets to Enzyme vaults, scaled to execute various investment strategies.
- Security Focus: The protocol emphasizes thorough audits on contracts, with strict controls and transparent actions.
History and Governance
- Founding and Rebranding: Enzyme was founded in 2016 as Melon Protocol and rebranded to Enzyme Finance in 2019. Mona El Isa, a former Goldman Sachs executive, and Reto Trinkler, a mathematician, are its founders.
- Decentralized Autonomous Organization (DAO): The platform is managed by the Enzyme Council, ensuring decentralized governance and decision-making.
Token Details
- MLN Token: Total supply of 2,365,228 tokens with 300,600 MLN tokens released annually, primarily allocated to projects and contributors.
- Token Usage: MLN tokens are used for access fees (25 basis points of assets under management) and are automatically burned upon collection.
MLN
How does Enzyme's (MLN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-6.1%
MLN
-25.2%
Similar Market Cap
60 Day Return
3.6%
MLN
-26.7%
Similar Market Cap
1 Year Return
5.2%
MLN
-30.7%
Similar Market Cap
We're monitoring 27 Enzyme GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Enzyme Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 0
- Past 12 weeks: 0 commits vs. an average of 5
- Past year: 0 commits vs. an average of 66
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 14 |
| Past year | 262 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 53 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 38 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 15 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 8 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 2 |
| Past year | 4 |
Top Developers 2025
In total, 160 developers have contributed to Enzyme over the past year. Who are the most active Enzyme developers, by commits, over the past year?
Related Projects
Developers working on Enzyme also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 621 |
|---|---|
| Active Reddit Users (past 24h) | 11 |
| Discord users | 321 |
| Active Discord Users | 5 |
| Telegram Users | 2,122 |
| Twitter followers | 35,837 |
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docs.enzyme.finance/managers/trade/defi-protocols/delegated-voting Official
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docs.enzyme.finance/managers/trade/defi-protocols/delegated-voting Official
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docs.enzyme.finance/managers/trade/defi-protocols/delegated-voting Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://enzyme.finance/ |
|---|---|
| Explorer | https://etherscan.io/token/0xec67005c4E498Ec7f55E0... |
| @enzymefinance | |
| /r/enzymefinance | |
| Whitepaper | https://github.com/melonproject/paper/blob/master/melonprotocol.pdf |
What is the correct contract address for Enzyme?
| Ethereum | 0xec67005c4e498ec7f55e092bd1d35cbc47c91892 |
|---|---|
| Polygon-pos | 0xa9f37d84c856fda3812ad0519dad44fa0a3fe207 |
| Arbitrum-one | 0x8f5c1a99b1df736ad685006cb6adca7b7ae4b514 |
Has Enzyme been audited for security?
No security audits found for this project.
Are you the owner of Enzyme? Edit it here
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