What is Mitosis (MITO)?
MITO is the native token of Mitosis, a cross-chain decentralized finance (DeFi) protocol.
The Mitosis protocol focuses on converting liquidity positions into programmable and composable assets. It aims to address inefficiencies within the DeFi sector, such as limited liquidity for staked assets and restricted access to high-yield opportunities, especially for smaller participants.
Users can deposit tokens into Mitosis Vaults across various supported blockchains. In return, they receive representative tokens called Hub Assets on the Mitosis Chain. These assets can be used within two distinct yield frameworks: Ecosystem-Owned Liquidity (EOL) and Matrix. EOL allows governance-based asset allocation, while Matrix facilitates structured liquidity campaigns. Each framework provides its own position tokens—miAssets for EOL and maAssets for Matrix.
Mitosis position tokens differ from conventional DeFi liquidity tokens. They are designed to be programmable and can be traded, utilized as collateral, or structured into new financial instruments. This infrastructure enables more complex financial operations and supports transparent price discovery.
The protocol aggregates liquidity across participants, offering access to yield terms generally available to institutional investors. Its governance model allows MITO token holders to contribute to decisions regarding capital allocation.
The system is built with a cross-chain settlement layer and a modular architecture. This setup supports the development of programmable liquidity across blockchain networks.
MITO has a circulating supply of 181.27 million tokens and a total supply of 1 billion tokens.
MITO is listed on Binance for trade and purchase. The current price of MITO is available and updated in real-time on Binance.