What is Enzyme?

Enzyme (MLN) is an altcoin currently ranked 365th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $2.11, Enzyme carries a market capitalization of $5.62M. Daily trading volume across exchanges sits at roughly $5.48M. That works out to a 24-hour turnover of about 97.62% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.

Price action across timeframes

Over the past 24 hours, Enzyme has moved -0.78%; over the past week, Enzyme has moved -31.99%; over the past 30 days, Enzyme has moved -33.12%; over the past year, Enzyme has moved -75.35%.

Cycle position

Enzyme is currently trading far below its all-time high (all-time high of $270.05, -99.2% from peak). .

Supply & dilution

The circulating supply stands at 2,668,200 MLN. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Enzyme in the Extreme-volatility bucket. The asset is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely. Over the past 30 days, the 30-day move totals -33.12%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate Enzyme

A balanced read on MLN typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is MLN performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Enzyme (MLN) is a decentralized finance platform allowing users to create and manage their own investment strategies on the Ethereum blockchain. It aims to simplify and automate asset management for both individuals and institutions. Source: CoinPaprika.com