Price change (24h):
0.56%
High (24h):
$1.4
Low (24h):
$1.33
Volume (24h):
$555.70K
Market Cap:
$4.50M
All Time High:
99.47% $258.26
Jan 4, 2018
All Time Low:
16% $1.18
Jun 25, 2026
Enzyme
MLN81.11 %(1Y)
$1.37
About Enzyme
Melon (MLN) is a cryptocurrency launched in 2017. The token anchors the Enzyme protocol, a decentralized asset management layer that sits squarely within the DeFi and real-world asset categories on the Ethereum blockchain.
Enzyme strips away the legacy infrastructure overhead that strangles traditional fund administration. By delivering Vault-As-A-Service tooling and composable financial instruments directly on-chain, it allows portfolio managers to architect, deploy, and monetize sophisticated investment strategies without custodians, transfer agents, or manual reconciliation. The protocol directly attacks the friction of high operational cost and opaque execution that plagues off-chain fund vehicles.
The asset operates on the Ethereum network. It does not run on a standalone chain; instead, MLN exists as a smart contract token that inherits the security and liveness guarantees of Ethereum’s execution environment.
The token and its surrounding contracts are fully EVM-compatible, with audited deployments spanning Ethereum mainnet, Polygon, and Arbitrum. Each instance conforms to the standard ERC-20 interface, ensuring seamless composability across decentralized exchanges and lending markets. Public repositories under the Enzyme Finance GitHub organization have accumulated 543 stars, reflecting sustained developer scrutiny and open-source iteration.
The project traces its genesis to early 2017, originally surfacing under the name Melon before a complete rebrand to Enzyme. The transition signaled a maturation from an experimental on-chain fund concept into a broader institutional-grade infrastructure layer. Its smart contract suite first went live on March 15 of that year, anchoring itself firmly in the first wave of DeFi primitives.
The enduring mission is to construct a borderless, non-custodial factory for tokenized finance. Rather than merely replicating existing funds on a blockchain, Enzyme targets the programmatic assembly of any structured investment product—from discretionary portfolios to rules-based index strategies— eliminating centralized gatekeepers entirely.
Mechanically, MLN functions as the economic tendon that connects governance participants to the protocol’s vault economy. Token holders can lock assets to influence parameter upgrades, fee structures, and asset whitelisting decisions. On the supply side, the token is embedded into the vault creation flow, standing as a bonded prerequisite that calibrates manager accountability before a single depositor allocates capital.
When a strategist initiates a new vault, a specified MLN stake must be bonded, creating a verifiable on-chain alignment of incentives. If the strategy adheres to stated constraints, the stake remains intact; malfeasance or deviation can trigger slashing conditions under governance-defined rules. Depositors, meanwhile, interact with a system where managerial skin-in-the-game is both cryptographically enforced and auditable in real time.
Melon has a total supply of 3,276,988 tokens. Currently, 3,276,988 MLN are in circulation, reflecting a fully diluted distribution where all minted tokens actively float. The emission schedule contains no additional inflationary minting events or ongoing block rewards visible in the contract architecture. With a market capitalization of $10,354,091, Melon ranks #1,190 among all cryptocurrencies.
Enzyme Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 07/07/2026 | $1.38 | $1.35 | $1.40 | $1.35 |
| 06/07/2026 | $1.35 | $1.38 | $1.38 | $1.33 |
| 05/07/2026 | $1.41 | $1.35 | $1.42 | $1.35 |
| 04/07/2026 | $1.40 | $1.41 | $1.47 | $1.38 |
| 03/07/2026 | $1.49 | $1.41 | $1.50 | $1.38 |
| 02/07/2026 | $1.39 | $1.46 | $2.06 | $1.30 |
| 01/07/2026 | $1.30 | $1.40 | $1.98 | $1.25 |
| 30/06/2026 | $1.26 | $1.29 | $1.29 | $1.25 |
Why is manual trading Enzyme a bad idea?
Manual mln trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Enzyme (MLN) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live MLN price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Enzyme (MLN) is $1.37. Over the last 24 hours, it has moved -0.56%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Enzyme on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your MLN investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Enzyme's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - MLN can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Enzyme is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. MLN can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
