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Enzyme

Live Enzyme price

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Enzyme price chart

Enzyme (MLN) is currently priced at 0.00 USD, with a 24h change of -0.0394%. Last updated: 06/10/2026 06:44:01 (UTC+0).

Enzyme (MLN) price details

24h high
1.58 USD
24h low
1.46 USD
24h change
-0.0394%
24h trading vol.
2.36M USD
Market cap
4.86M USD
Fully diluted market cap
4.86M USD
Total supply
3.28M
Max supply
-
All-time high (2018-01-04)
270.04 USD
All-time low
0 USD
Ranking
1223
Circulating supply
--
3D change
+27.22%
7D change
+32.72%
30D change
+66.89%
1Y change
+92.17%
Enzyme

Enzyme price history

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Change (%)
As of today, the average price of Enzyme (MLN) is 135.02 USD. The all-time high was 270.04 USD on 2018-01-04, while the all-time low was 0 USD on --.

Enzyme technical analysis

Technical analysis leverages historical price patterns and trading volume to provide insights into potential Enzyme movements and help traders identify opportunities in the volatile crypto market.
Summary:
Moving average
Buy: 0
Sell: 0
Indicators
Buy: 0
Sell: 0

Enzyme (MLN) sentiment

How do you feel about Enzyme (MLN) right now?
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About Enzyme

What Is Enzyme

Enzyme is the native token of the Enzyme Finance protocol, a decentralized platform for on-chain asset management in the DeFi space. Originally launched as Melon Protocol in 2017 by founders Mona El Isa and Reto Trinkler, it rebranded to Enzyme in 2021 to better reflect its focus on enzymatic efficiency in finance. The core concept revolves around democratizing asset management. Users can create customized funds, called "vaults," that others invest in, all powered by blockchain transparency. The ecosystem includes tools for fund managers to handle portfolios with automated strategies, integrations with various DeFi protocols, and governance features where MLN holders vote on updates. Backed by a team with finance and tech expertise, Enzyme aims to bridge traditional investing with crypto, fostering a community-driven approach to wealth management.

Origin and Background

Enzyme emerged from the vision of making hedge fund-like structures accessible via blockchain, starting in Zurich, Switzerland.

Founding Team

Led by Mona El Isa, a former Goldman Sachs trader, and Reto Trinkler, a blockchain developer.

Core Concept

It emphasizes composable, permissionless fund management with low barriers to entry.

How Does Enzyme Work

Enzyme operates on the Ethereum blockchain, leveraging smart contracts to automate asset management tasks. Users deploy vaults as smart contracts, which can hold various ERC-20 tokens and execute strategies like yield farming or trading. The protocol uses a proof-of-stake-like mechanism for governance, but it's not a consensus algorithm for the chain itself—it's built on Ethereum's security. Private keys secure user wallets, while public keys enable transparent transactions. Technical principles include modular plugins for strategies, risk management tools, and performance fees that reward managers. This setup ensures decentralized control, with MLN tokens used for paying fees and participating in governance votes.

Blockchain and Consensus

Relies on Ethereum's proof-of-stake for underlying security.

Smart Contracts

Core to vaults, enabling automated, trustless fund operations.

Technical Principles

Employs public-private key cryptography for secure, verifiable interactions.

How Is New Enzyme Created

Enzyme (MLN) has a fixed total supply of 2,664,826 tokens, with no new issuance through mining. It was initially distributed via a token sale and community rewards. There's no ongoing inflation; the supply is capped to maintain scarcity. Rewards come from protocol fees, where a portion goes to MLN stakers or governance participants. Users can earn through providing liquidity or managing successful vaults, but new tokens aren't minted—circulation increases via unlocks from vesting schedules.

Issuance Method

Pre-mined and distributed initially, with no further creation.

Mining/Staking Mechanisms

Staking MLN for governance influence, not for block production.

Total Supply Limit

Fixed at around 2.66 million tokens.

The Use Cases of Enzyme

Enzyme shines in DeFi by allowing users to build and invest in diversified crypto portfolios without intermediaries. It's ideal for creating thematic funds, like those focused on NFTs or yield optimization. Governance lets MLN holders propose and vote on protocol changes. Cross-border transfers are seamless via integrated DeFi tools. It supports smart contract-based strategies for automated trading and risk hedging, making it a hub for professional-grade asset management in crypto.

DeFi Applications

Fund creation, investing, and yield strategies.

Governance

Token holders influence decisions.

Other Scenarios

NFT integrations and cross-protocol composability.

Buy, Send, or Store Enzyme

To buy Enzyme (MLN), use exchanges like WEEX, which offers secure trading pairs. Register on WEEX to earn a free 20 USDT bonus, making it a trusted spot to start trading crypto assets like Enzyme. https://www.weex.com/how-to-buy For storage, opt for hot wallets like MetaMask for quick access or cold wallets like Ledger for enhanced security. Sending involves entering the recipient's address in your wallet app—always double-check to avoid errors. Secure your private keys and enable two-factor authentication.

Purchasing Channels

WEEX Exchange or OTC platforms.

Wallet Types

Hot for convenience, cold for safety.

Storage Security

Use hardware wallets and backup seeds.

Pros & Cons / Risks

- **Pros**: High decentralization empowers users; strong security via Ethereum; fast setup for funds; community governance reduces central control. - **Cons/Risks**: Price volatility can lead to losses; regulatory changes might impact DeFi; smart contract bugs pose technical risks; market uncertainty affects adoption.

Comparison (optional)

Compared to Ethereum's ETH, Enzyme's MLN focuses on asset management rather than being a general-purpose token. While ETH powers the network, MLN enables specialized DeFi funds, positioning it as a niche player versus ETH's broad utility.

Conclusion / Next Steps

Enzyme holds potential for growth in DeFi as more users seek managed crypto investments. Future directions include expanded integrations and scalability upgrades. Check the whitepaper or roadmap for details. Join the community to stay updated—sign up on WEEX to explore trading options.

Market & Ecosystem

As of 2025-09-11, Enzyme continues to evolve in the DeFi landscape.

Market Cap & Trading Volume

Market cap stands at approximately $100 million, with 24-hour trading volume around $5 million.

Exchanges Where It’s Listed

Available on WEEX and other major platforms.

Community Size & Activity

Active on Twitter (50k followers), Reddit (20k members), and Telegram (15k users) with regular discussions.

Ecosystem Growth

Partnerships with DeFi protocols and growing developer activity through grants.

Social media and community

FAQ

1. What is the current price of Enzyme (MLN) in USD?

As of 06/10/2026, the current price of Enzyme (MLN) is 1.48 USD.

2. What is the market capitalization of Enzyme (MLN)?

Market capitalization is a key metric that gauges a crypto's overall value, popularity, and market dominance. The current market cap of Enzyme (MLN) is 4.86M USD.

3. What is the circulating supply of Enzyme (MLN)?

It's important to distinguish between circulating supply and total supply. The former represents coins readily available for trading, while the latter includes all coins ever created. Currently, Enzyme (MLN) has a circulating supply of 3.28M MLN out of a total supply of 3.28M MLN.

4. What factors influence the price of Enzyme (MLN)?

Numerous factors contribute to the price fluctuations of Enzyme (MLN).
Supply and demand dynamics: A limited supply of Enzyme against increasing demand often drives up the price. Conversely, a large supply or decreased demand can lower the price.
Market sentiment and news: Positive news, technological advancements, or growing adoption generally create positive sentiment, attracting buyers and potentially increasing the price. On the other hand, negative news, security breaches, or regulatory uncertainty can trigger selling pressure and price drops.
Technological developments: Major upgrades, improvements in scalability or security, and the introduction of new features can influence investor perception and impact price.
Macroeconomic factors: Global economic conditions, inflation rates, and monetary policies can also influence investor behavior and indirectly affect cryptocurrency prices.
Market manipulation: Due to the relatively nascent nature of the crypto market, price manipulation through malicious activities like wash trading or pump-and-dump schemes can occur, impacting prices in the short term.

5. Is Enzyme (MLN) a good investment?

When evaluating Enzyme (MLN) as an investment, consider these key factors:
Project fundamentals: Research the project's team, technology, white paper, and use cases to assess its potential value.
Market trends: Analyze the cryptocurrency's price history, market sentiment, and overall market trends.
Competition: Evaluate the competitive landscape and how Enzyme compares to similar projects.
Regulation: Stay informed about current and potential regulations that could impact its future.

6. Where can I buy Enzyme (MLN)?

You can buy Enzyme (MLN) on various cryptocurrency exchanges.
Important considerations when choosing an exchange:
Fees: Compare trading fees, deposit fees, withdrawal fees, and any other applicable charges.
Security: Look for exchanges with strong security measures like two-factor authentication (2FA) and cold storage.
Reputation and reviews: Research the exchange's history and read user reviews to gauge its trustworthiness.
Payment methods: Ensure that the exchange supports your preferred payment methods (for example, bank transfers, credit cards).
Geographical restrictions: Confirm that the exchange operates in your country or region.
We highly recommend WEEX as a top-rated option. WEEX offers low fees, a user-friendly interface, and strong security features.

7. What are the typical fees when buying Enzyme (MLN)?

The fees for buying Enzyme (MLN) can vary depending on the cryptocurrency exchange you use and your chosen payment method. Typical fees to consider include:
Trading fees: Charged by the exchange for executing trades. They are structured as a percentage of the trade amount (such as 0.1 – 0.5%) or a flat fee per transaction.
Deposit fees: Charged for funding your account, particularly for methods like credit card deposits.
Withdrawal fees: You may encounter fees when withdrawing your Enzyme (MLN) or fiat currency from the exchange.

8. What are some technical indicators used for analyzing Enzyme (MLN)?

Traders often use technical indicators to analyze price charts and identify potential trading opportunities for Enzyme (MLN). Some popular indicators include:
Moving Averages (MA): Smooth out price data to identify trends. Common examples are the 50-day, 100-day, and 200-day MAs.
Relative Strength Index (RSI): Measures price movement magnitude and identifies overbought or oversold conditions.
Moving Average Convergence Divergence (MACD): Momentum indicator that highlights the relationship between two moving averages.
Bollinger Bands: Plot standard deviations around a moving average to help identify volatility and potential price breakouts.

Enzyme news

Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses

In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.

WEEX2026/06/10 06:43:14

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

The platform that wins this competition will be the one whose execution layer is the hardest to replicate, whose builder ecosystem delivers the fastest, and whose regulatory path is the most open.

rootData2026/06/10 05:10:08

Binance Research: RWA Market Expected to Expand Nearly 6x from Early 2025, with Public Equities and Onchain Payments Heating Up Together

In June, Binance Research said in its monthly market report that the real-world asset (RWA) market is expected to grow by about 589% from the beginning of 2025. Bond- and money market fund-related RWA expanded by about $6.5 billion, up 83% year over year, while publicly traded equity RWAs grew by about 422%. The report also noted that monthly crypto debit card transaction volume exceeded $747 million in May, up 48.6% year to date.

WEEX2026/06/10 06:24:06

Japan to Assess a Framework for Yen Stablecoins and Crypto ETFs as Asia’s Compliant Payments Narrative Heats Up

Recently, according to the original report, Japan is considering the launch of yen stablecoins and cryptocurrency ETFs. Public information remains limited at this stage, and there is still no complete policy text, regulatory draft, or clear implementation timeline, so this is better characterized as a “policy discussion” rather than formal implementation. The original wording also noted that advancing stablecoin regulation in Asia is driving XRP usage and supporting growth in the XRPL ecosystem. However, based on currently available public information, there is not enough evidence to directly establish a clear causal relationship between this round of discussion in Japan and XRP or XRPL.

WEEX2026/06/10 06:12:34

ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately

On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.

WEEX2026/06/10 03:44:18

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Overview of Important Market Events on June 9th

rootData2026/06/10 02:10:08
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