
What is Enzyme (MLN)?
Enzyme (MLN) is the native token of the Enzyme decentralized asset management protocol, which enables users to create, manage, and invest in custom investment strategies and funds. The Enzyme protocol is built on the Ethereum blockchain and operates on the ERC-20 standard. The primary purpose of the MLN token is to facilitate governance and incentivize participation within the Enzyme ecosystem. Holders of the MLN token are granted voting rights, allowing them to influence the direction of the protocol, including decisions on fee structures, risk parameters, and the addition of new features. In addition to governance, the MLN token also plays a role in the Enzyme protocol's fee structure. A portion of the fees generated by the protocol are used to buy back and burn MLN tokens, reducing the overall supply and potentially increasing the token's value over time. The Enzyme protocol provides a suite of tools and services that allow users to create, manage, and invest in custom investment strategies and funds. These strategies can include a wide range of assets, including cryptocurrencies, traditional financial instruments, and real-world assets.
Enzyme (MLN) price statistics
As of August 1, 2025, the current price of the MLN token on DEX markets is $8.13, with a total DEX liquidity TVL of $249,746.22. The MLN token trades on 2 blockchains and 21 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 18 trades (TXNS) with a trading volume of $9,999.19.
Frequently Asked Questions
What is the DEX daily trading volume of Enzyme (MLN)?
The total 24-hours trading volume on all DEX exchanges for MLN token is $9,999.19.
What is the DEX TVL (Total Value Locked) of Enzyme (MLN)?
The total DEX TVL of Enzyme (MLN) is $258,446.97 in the last 24 hours.
What blockchain is the token MLN launched on?
The Enzyme MLN token is launched on the Ethereum and Polygon.
What is the exchange rate of 1 USD to MLN?
DEX exchange rate of 1 MLN to USD is $7.67 as of 6:18 AM UTC.
How much MLN can I purchase with 1 USD?
Based on DEX current exchange rate, you can buy 0.1303639754902125 MLN for 1 USD.