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Enzyme Price

Enzyme Price (MLN)

Not listed
Contract Address: 0xec67...c91892
$1.31
Page last updated: 7/24/26, 3:43 AM (UTC)

Enzyme Market Stats

Popularity
#1273
Market Cap
$4.3M
Volume (24hours)
$1.4M
Circulation Supply
3.3M
Total Maximum Supply
--
Fully Diluted Market Cap
$4.3M
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Price of Enzyme Today

The live price of Enzyme is $1.31 per (MLN / USD) with a current market cap of $4.3M USD. 24-hour trading volume is $1.4M USD. MLN to USD price is updated in real-time. Enzyme is -6.22% in the last 24 hours with a circulating supply of 3.3M.

Enzyme Price History

24H
7D
1M
3M
1Y

All Time High

$270.05

Current

$1.31

24H High

$1.41

24H Low

$1.3

24H Change

-6.22%

Crypto Market Sentiments

Fear & Greed Index

How do you feel about Enzyme today?

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Note: This information is for reference only.

Why Is Enzyme (MLN) Down Today?

Enzyme (MLN)'s price declined by 6.22% over the past 24h, possibly reflecting reduced trading activity and broader market caution affecting crypto assets.
Recent market activity suggests moderating buying momentum, which may reflect short-term adjustments in trading activity following recent price movements.
At the same time, broader trends across the crypto market may be contributing to normal price fluctuations, influencing Enzyme (MLN)'s performance alongside other digital assets.

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People Also Ask: Other Questions About Enzyme

How is the price of Enzyme (MLN) calculated on Binance?

The price of Enzyme (MLN) on Binance is based on live market data from active trading pairs involving Enzyme. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as MLN/USDT, MLN/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of Enzyme.

Why does the price of Enzyme (MLN) change?

The price of Enzyme (MLN) goes up and down because it is traded in an open market where buyers and sellers constantly place orders at different prices. If demand for Enzyme increases, the price may rise. If selling pressure increases, the price may fall. Broader crypto market trends, news, liquidity, investor sentiment, macroeconomic conditions, and token-specific developments can also influence price movements.

What factors affect the price of Enzyme (MLN)?

The price of Enzyme (MLN) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values Enzyme over time.

Why does the price of Enzyme (MLN) differ across crypto exchanges?

The price of Enzyme (MLN) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of Enzyme (MLN), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of Enzyme by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

How does circulating supply affect the price of Enzyme (MLN)?

Circulating supply refers to the number of Enzyme tokens currently available in the market. If demand stays the same but circulating supply increases, it may put pressure on price. If demand grows faster than supply, prices may rise. For some cryptocurrencies, maximum supply, token unlocks, emissions, burns, or staking mechanisms can also affect market expectations.

Can I set price alerts for Enzyme (MLN) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the Enzyme price page and get notified when the target is reached.

Is Enzyme (MLN) a better investment than gold or silver?

Enzyme (MLN), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while Enzyme is a digital asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What Is the Current Price of Enzyme (MLN)?

The current price of Enzyme (MLN) is $1.31. Top cryptocurrency prices are updated in real-time on Binance’s price directory.

What Is Enzyme Protocol?

The Enzyme Protocol is a decentralized finance (DeFi) platform that facilitates the management and trading of digital assets. It is built on the Ethereum blockchain and allows users to create and manage investment funds, known as "vaults," with various strategies and asset allocations.

What Is the Use of MLN Coin?

MLN is the native token on the Enzyme platform. The token is used to carry out fund operations and vote on protocol parameters such as the inflation rate. According to Enzyme, transaction costs or performance and management fees may be incurred as part of fund operations.

How does the MLN burn mechanism work?

Enzyme members utilize ETH to cover transaction costs, and the network has a built-in system that depends on the Melon Engine functionality to convert all ETH used for fees into MLN tokens. The Engine sells ETH in exchange for MLN at a higher rate, subsequently reducing the overall supply by burning the acquired MLN tokens. This process helps maintain supply regulation by removing these tokens from circulation.

Who Is the Enzyme Founder?

Enzyme was originally called Melon Protocol before rebranding to Enzyme in 2020. A private company developed the former Melon Protocol in 2016 with Mona El Isa, a former Goldman Sachs vice president and founder of Avantgarde Finance, and mathematician Rito Trinkle at the helm of development.

How many MLN coins are there?

At the time of writing, the maximum supply of Enzyme is 2,069,781 MLN, with a circulating supply of 2,065,635 MLN.

What Makes Enzyme Different From Others?

Enzyme enables depositors to interact with its vaults in a non-custodial manner, with minimal trust between the parties. This gives new and experienced users the ability to develop their own strategy contracts without having an extensive programming background. Enzyme claims to remove the barriers that prevent average investors from participating in traditional financial markets by managing investment funds. Traditional financial markets and asset management are typically reserved for high-net-worth individuals, with the cost of entry prohibitively expensive for the average investor.

How To Buy Enzyme (MLN)?

Enzyme (MLN) can be purchased directly from Binance. Enzyme (MLN) can also be traded for other cryptocurrencies on Binance. The live price of MLN is updated in real-time on Binance. Additionally, Enzyme crypto price and purchase information is available in our How To Buy Enzyme (MLN) guide.

What Is Enzyme (MLN)?

Enzyme is a DeFi Operating System that provides access to over 350 digital assets to asset managers, DAOs, treasury managers, and investors. Enzyme enables asset managers and fund sponsors to create their own tokenized investment vehicles by automating back and middle office processes with smart contracts. The platform is powered by the Ethereum ERC-20 $MLN token. The live price of MLN is live-tracked on Binance.

Enzyme has designed two use cases for its platform: Users who want to use Enzyme to create Smart Vault and those looking to deposit into these said vaults.

Enzyme enables users to create and purportedly monetize non-custodial Smart Vaults that can be used to develop novel investment strategies ranging from discretionary to ETFs, market making, yield farming, lending, and more. Enzyme enables Vault creators to use Enzyme's various building blocks without having any prior knowledge of software engineering.

Enzyme allows users to find and deposit into Vault strategies in a non-custodial and transparent manner, allowing users to reportedly maximize upside potential while allegedly eliminating day-to-day research and portfolio management. Users can do this while maintaining control of user funds and the ability to exit Vaults at any time.

MLN is the native token of the platform and serves to enable token holders to participate in the platform's governance. MLN allows users to vote on and suggest improvement proposals alongside a council of "trusted" members.

Organizations like Unslashed Finance, FWB DAO, Human DAO, and many others use Enzyme.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.