Enzyme (MLN) Price

Enzyme Price

1.22USD-0.03 (-2.19 %)
Market Cap
$4.30M
0.00% dominance
24h Volume
$441.2K
Vol/MCap: 0.1027
Fully Diluted Valuation
$5.35M
Circulating Supply
3.28M MLN
100%Max: 3.28M
24h Range
$1.36
$1.65
All-Time Range
$1.18
$258.26

Technical Analysis

Daily indicators based on 1d candle data

Signal
Strong Sell
RSI (14)Neutral
40.0
03070100
MACDBearish
MACD Line-0.0518
Signal Line-0.0482
Histogram-0.0036
Bollinger Bands Width: 14.11%
Upper3.45
Middle (SMA 20)3.22
Lower2.99
Price Position in Bands
Moving Averages
SMA 20
3.22Sell
SMA 50
3.38Sell
SMA 200
4.95Sell
EMA 12
3.24Sell
EMA 26
3.29Sell
Volatility (20d)
60.0%
Annualized
ATR (14)
0.1906
Average true range (daily)

DeFi Analytics

Enzyme Finance (Indexes)
TVL
$83.78M
+0.03% (24h)
Daily Fees
$363.00
Daily Revenue
$0.00
TVL (90d)
Chains
EthereumPolygonArbitrum

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

ExchangeMarket PairPriceDepth +2%Depth -2%Volume 24HVolume %TypeLiquidity RatingFreshness
HTXMLN/USDT11.1661.20540.222.52 M0.13cex103.007/9/2025, 6:23 AM
DeepcoinMLN/USDT7.130.000.00814,997.510.15cex0.007/9/2025, 6:21 AM
BiboxMLN/USDT9.814,116.603,838.27724,340.660.28cex107.007/9/2025, 6:21 AM
BitMartMLN/USDT7.1112,886.5111,968.13607,579.080.03cex359.007/9/2025, 6:21 AM
HotcoinMLN/USDT7.123,522.705,131.03528,901.110.07cex193.007/9/2025, 6:23 AM
BinanceMLN/USDT7.1119,322.8637,370.01451,197.480.00cex624.797/9/2025, 6:23 AM
WhiteBITMLN/USDT7.162,768.908,649.87304,742.620.03cex240.007/9/2025, 6:18 AM
FameEXMLN/USDT7.1032,544.6824,191.04229,943.910.01cex297.007/9/2025, 6:18 AM
GateMLN/USDT7.11915.1811,377.27225,246.930.01cex318.007/9/2025, 6:23 AM
LBankMLN/USDT7.1029,143.6930,606.39225,043.910.01cex361.007/9/2025, 6:21 AM

Enzyme FAQ

Enzyme is driven by the MLN token Enzyme enables you to create and expand investment strategies of your preference, ranging from discretionary and robo-investing to ETFs and market making. We prioritize security. Our second-generation platform, enforced by smart contracts, undergoes thorough testing and auditing before any mainnet deployments are executed.

Enzyme is a decentralized platform designed to transform asset management within the digital and decentralized finance (DeFi) sector. Utilizing blockchain technology, it provides users with a comprehensive and secure system for overseeing a wide range of digital assets. Enzyme enables individuals to effortlessly create, manage, and scale various investment strategies, including discretionary, automated (robo) strategies, exchange-traded funds (ETFs), and market-making operations. The platform is underpinned by its native token, MLN, which is integral to its ecosystem. The MLN token serves multiple functions within the Enzyme platform, such as governance, protocol fees, and incentivizing behaviors that enhance the ecosystem's health and growth. A primary feature of Enzyme is its focus on security. Understanding the critical nature of protecting users' assets, Enzyme has established a robust security framework. This includes the deployment of second-generation smart contracts, which undergo rigorous testing and auditing prior to their launch on the mainnet. This careful approach to security ensures the platform's resilience to vulnerabilities, providing a reliable environment for asset management. Enzyme's on-chain asset management system delivers a unified application interface that streamlines access to digital assets and DeFi protocols. However, while Enzyme facilitates these interactions, it does not assume responsibility for the operation, functionality, or security of the underlying protocols. Therefore, users are advised to conduct their own research and practice due diligence when engaging with these protocols, as asset values may fluctuate due to various factors inherent to the DeFi space.

Enzyme places a high priority on security to ensure the safety and integrity of its platform, which is designed to support a wide array of investment strategies. Enzyme's security framework is multifaceted, combining proprietary measures with industry-standard practices to protect both the platform and its users' assets. Enzyme provides users with a single, non-exclusive, non-transferable, and limited license, highlighting the platform's dedication to maintaining a secure and controlled environment. This approach clarifies that while Enzyme supplies the tools and infrastructure for investment strategies, it is not responsible for the security of the underlying blockchain protocols. Understanding this distinction is crucial for users to grasp the scope and limits of Enzyme's security measures. To enhance security, Enzyme employs widely-accepted security measures that are continually updated and refined to address new and emerging threats. This proactive security approach involves regular audits and the implementation of best practices to safeguard against data loss, misuse, and alteration. These measures are vital in the dynamic and often volatile world of cryptocurrencies, where the threat landscape evolves rapidly. In addition, Enzyme's platform operates on the MLN token, which plays a central role within the ecosystem. The use of smart contracts is fundamental to Enzyme's security strategy. These contracts undergo rigorous testing and auditing before being deployed on the mainnet, ensuring they function as intended and provide a secure foundation for users' investment activities. This smart contract-enforced platform represents the second generation of Enzyme's technology, demonstrating the platform's continuous commitment to security and innovation.

Enzyme is a comprehensive platform specifically designed for decentralized on-chain asset management, supporting a broad range of financial activities within the cryptocurrency sector. It allows users to construct, manage, and scale various investment strategies, including discretionary and automated (robo) strategies, exchange-traded funds (ETFs), and market making. This versatility is enabled through its online application and associated services, providing a user-friendly interface for engaging with digital assets. The platform is powered by its native token, which is integral to its ecosystem, facilitating various operations and transactions. Enzyme demonstrates a strong commitment to security through its rigorous testing and auditing processes, ensuring that its smart contract-enforced infrastructure is secure before deployment on the mainnet. By leveraging Enzyme, users can engage in decentralized finance (DeFi) activities, creating and executing investment strategies tailored to their preferences and risk tolerance. This creates opportunities for both individual and institutional investors to explore new avenues for asset management in the cryptocurrency domain, without the need for intermediaries. For more information, you can visit Eulerpool.

Enzyme, renowned for its innovative approach to on-chain asset management, has achieved several significant milestones that have elevated its status in the cryptocurrency and blockchain sector. A cornerstone of its progress has been the development of its on-chain asset management system, a crucial advancement that enables users to construct, expand, and manage investment strategies directly on the blockchain. This system harnesses the power of smart contracts to guarantee security and efficiency, exemplifying Enzyme's commitment to providing a secure platform for its users. Further underlining its dedication to fostering innovation and growth within its ecosystem, Enzyme launched a grant program. This initiative supports developers and strategists in the creation of new investment products and strategies, thereby enriching the platform's offerings and encouraging community engagement. Beyond these developments, Enzyme has consistently refined its services and platform features to enhance user experience and address the evolving needs of its community. This includes granting users a limited license to access and utilize the platform, ensuring it remains a secure and reliable environment for managing digital assets.

Enzyme Finance, formerly known as Melon, was established in 2016 by co-founders Mona El Isa and Rito Trinkler. Both founders transitioned from the traditional financial sector to the cryptocurrency and blockchain industry, bringing substantial expertise. Mona El Isa has a distinguished background with Goldman Sachs, where she held the position of vice president, reflecting her comprehensive understanding of financial markets and investment strategies. Conversely, Rito Trinkler is a mathematician renowned for his proficiency in utilizing innovative technologies to address complex challenges in the financial industry.

Enzyme targets a broad audience within the financial ecosystem. This dual focus aims to connect traditional asset management practices with the growing crypto market. With this holistic approach, Enzyme's target market includes: 1. **Retail Investors**: Individuals seeking a user-friendly platform to securely and flexibly manage their crypto investments. These investors can explore various investment strategies without requiring extensive technical expertise. 2. **Enterprise-Level Investors**: Institutions and professional asset managers interested in diversifying their portfolios to include cryptocurrencies and digital assets. Enzyme provides a secure, scalable solution that complements traditional asset management practices while offering exposure to the dynamic potential of the crypto market. For detailed information about Enzyme, visit Eulerpool's Enzyme page.

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