Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Enzyme price

Enzyme priceMLN

Listed
Buy
$5.55USD
-4.78%1D
The price of Enzyme (MLN) in United States Dollar is $5.55 USD.

Enzyme (MLN) has been listed on Bitget futures trading market, you can quickly long or short MLN. Trading Link: MLNUSDT.

New users can get a welcome gift package worth 6200U, Claim it now>>

Enzyme price USD live chart (MLN/USD)
Last updated as of 2025-10-16 17:37:39(UTC+0)

Enzyme market Info

Price performance (24h)
24h
24h low $5.4424h high $5.89
All-time high (ATH):
$270.05
Price change (24h):
-4.78%
Price change (7D):
-28.19%
Price change (1Y):
-67.51%
Market ranking:
#943
Market cap:
$16,577,296.34
Fully diluted market cap:
$16,577,296.34
Volume (24h):
$8,643,691.91
Circulating supply:
2.99M MLN
Max supply:
--
Total supply:
2.99M MLN
Circulation rate:
99%
Contracts:
0xec67...7c91892(Ethereum)
Moremore
Links:
Buy/sell now

Live Enzyme price today in USD

The live Enzyme price today is $5.55 USD, with a current market cap of $16.58M. The Enzyme price is down by 4.78% in the last 24 hours, and the 24-hour trading volume is $8.64M. The MLN/USD (Enzyme to USD) conversion rate is updated in real time.
How much is 1 Enzyme worth in United States Dollar?
As of now, the Enzyme (MLN) price in United States Dollar is valued at $5.55 USD. You can buy 1MLN for $5.55 now, you can buy 1.8 MLN for $10 now. In the last 24 hours, the highest MLN to USD price is $5.89 USD, and the lowest MLN to USD price is $5.44 USD.
AI analysis
Today's hot spots in the crypto market

The cryptocurrency market is buzzing with activity on October 16, 2025, marked by significant price movements, accelerating institutional adoption, evolving regulatory landscapes, and continuous technological advancements. Investor sentiment has shifted to the 'greed' zone, a level not observed in nearly three months, reflecting renewed optimism across the digital asset space. [1]

Bitcoin's Resurgence and Institutional Embrace Bitcoin (BTC) has been a central focus, breaking above $67,000 and leading a broader market rally after a volatile period. [1] Following a dip as low as $64,900, BTC rebounded by 2.54% to reach $67,128, with its one-day trading volume surging by 20% to $49.11 billion. [1] Earlier in October, Bitcoin also achieved a new record price, surging past $125,000. [19] Technical analysis reveals a bullish 'Double Bottom' pattern, potentially setting the stage for a breakout towards the $150,000 mark. [6] Bitcoin exchange-traded funds (ETFs) have seen substantial inflows, with BlackRock's iShares Bitcoin Trust (IBIT) notably surpassing $100 billion in assets under management (AUM), making it the fastest ETF to reach this milestone. [4] This achievement led BlackRock CEO Larry Fink to underscore the growing trend of 'tokenization of all assets'. [4] Further signaling robust institutional acceptance, Morgan Stanley has expanded access to Bitcoin and other crypto funds to all its wealth management clients, including those with Individual Retirement Accounts (IRAs) and 401(k)s. [11] Citigroup is also preparing to launch a comprehensive crypto custody platform by 2026. [11] In a development highlighting the maturation of crypto derivatives, Laser Digital, Nomura Group's digital assets arm, executed its first Bitcoin options trade on GFO-X, a regulated UK derivatives venue. [8] The third quarter of 2025 saw record-breaking activity in crypto futures and options, with combined volume exceeding $900 billion, driven by increased institutional involvement. [16]

Ethereum's Trajectory and DeFi Evolution Ethereum (ETH) has mirrored Bitcoin's positive momentum, with its price increasing by 3.6% over the past 24 hours. [21] Analysts are predicting ETH could reach $5,200, driven by new privacy initiatives within the Ethereum ecosystem, such as the integration of Railgun into its privacy wallet toolkit. [21] The Ethereum Foundation is actively engaging with the Decentralized Finance (DeFi) ecosystem, deploying 2,400 ETH and stablecoins into the DeFi lender Morpho as part of its updated treasury management strategy. [12] However, Ethereum has also experienced a significant institutional withdrawal wave, with over $428 million pulled from ETH-backed ETFs in a single day, leading to a bearish outlook around the $4,000 psychological threshold. [22] The Foundation also issued a reminder for software updates following changes in proof formats introduced by EIP-7549, essential for optimizing transaction efficiency and network reliability. [14]

Altcoin Performance and Broader Market Trends While Bitcoin and Ethereum show strong signals, the altcoin market has presented a mixed bag. Binance-backed BNB saw a 1.41% increase, and Dogecoin (DOGE) rose by 2.07%. [1] Conversely, Solana (SOL) declined by 0.18%, XRP dipped by 0.94%, and Toncoin (TON) dropped by 1.10%. [1] Smaller altcoins like Shiba Inu (SHIB), PEPE, WIF, and BONK also experienced declines. [1] Despite some recent pullbacks, the Q3 2025 report from CME Group highlighted surging demand for regulated crypto exposure, with Solana (SOL) and XRP futures reaching all-time highs, indicating broader institutional and retail interest beyond just Bitcoin and Ethereum. [16] This aligns with an analyst's prediction of a potential 195x altcoin surge by October 2025, driven by historical market cycles and low exchange reserves. [2]

Regulatory Developments and Innovation Globally, regulatory frameworks for digital assets continue to evolve. In the U.S., bipartisan negotiations for a crypto market-structure bill have stalled due to a new Democratic proposal that seeks to classify DeFi front-end participants as 'digital asset intermediaries' under SEC or CFTC oversight. [18] In Europe, the European Banking Authority (EBA) raised concerns about proposed amendments to the Markets in Crypto-Assets (MiCA) regulation, fearing potential liquidity risks. [18] The EBA also released a report addressing money laundering and terrorist financing risks in crypto-asset services. [25] Japan is moving towards banning crypto insider trading, authorizing its Securities and Exchange Surveillance Commission to investigate violations. [26] Meanwhile, the tokenization of real-world assets (RWAs) continues to be a pivotal catalyst for DeFi, with MakerDAO's $1.2 billion investment in U.S. Treasury bonds serving as a prime example of institutional engagement in this sector. [10, 24] New technologies are also emerging, such as Appyea, Inc.'s Techlott, a blockchain engine designed for transparency in gaming and entry into prediction markets. [29]

Today's crypto market showcases a dynamic interplay of bullish price action, deepening institutional integration, ongoing regulatory scrutiny, and continuous innovation shaping the future of decentralized finance.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
Show more

Do you think the price of Enzyme will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on Enzyme's price trend and should not be considered investment advice.
The following information is included:Enzyme price prediction, Enzyme project introduction, development history, and more. Keep reading to gain a deeper understanding of Enzyme.

Enzyme price prediction

When is a good time to buy MLN? Should I buy or sell MLN now?

When deciding whether to buy or sell MLN, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget MLN technical analysis can provide you with a reference for trading.
According to the MLN 4h technical analysis, the trading signal is Strong sell.
According to the MLN 1d technical analysis, the trading signal is Strong sell.
According to the MLN 1w technical analysis, the trading signal is Strong sell.

What will the price of MLN be in 2026?

In 2026, based on a +5% annual growth rate forecast, the price of Enzyme(MLN) is expected to reach $6.21; based on the predicted price for this year, the cumulative return on investment of investing and holding Enzyme until the end of 2026 will reach +5%. For more details, check out the Enzyme price predictions for 2025, 2026, 2030-2050.

What will the price of MLN be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Enzyme(MLN) is expected to reach $7.55; based on the predicted price for this year, the cumulative return on investment of investing and holding Enzyme until the end of 2030 will reach 27.63%. For more details, check out the Enzyme price predictions for 2025, 2026, 2030-2050.

About Enzyme (MLN)

What Is Enzyme?

Enzyme, formerly known as Melon Protocol, is an asset management protocol built on the Ethereum blockchain. Originating in July 2016 from Melonport AG, a company based in Zug, Switzerland, Enzyme represents a significant shift in the world of digital asset management. It was designed to democratize the field of asset management, traditionally dominated by professional financial advisors and firms. By leveraging the power of blockchain technology, Enzyme lowers the barriers to entry, making it possible for a broader range of investors to participate in asset management.

The rebranding from Melon Protocol to Enzyme signified a commitment to innovation, resilience, and a user-friendly approach. The platform's goal is to enable participants to create, manage, and invest in digital asset funds in an open, competitive, transparent, and decentralized manner. This approach not only simplifies the process of asset management but also injects a level of accessibility previously unseen in the traditional finance sector.

Resources

Official Documents: https://docs.enzyme.finance/

Official Website: https://enzyme.finance/

How Does Enzyme Work?

At its core, Enzyme's functionality is driven by smart contracts on the Ethereum blockchain, ensuring a high degree of automation and minimal human intervention. The platform's architecture is divided into two primary layers: the Fund Layer and the Infrastructure Layer. The Fund Layer is responsible for the creation and management of funds within the protocol. It consists of the Hub, which monitors Enzyme funds, and Spokes, which use smart contracts to define and provide services to these funds. This layer is where users interact with the Enzyme blockchain, utilizing tools for managing their funds or vaults.

The Infrastructure Layer, governed by the Enzyme Council DAO, is the backbone of the protocol. It includes essential contracts for asset price management, MLN to ETH conversions for computational payments, and more. This layer ensures the smooth operation of the entire blockchain and adheres to the rules set by the Enzyme Council. The Enzyme platform allows for the creation of various types of vaults, including public, private, and hybrid, catering to different investor needs and preferences.

What Is MLN Token?

MLN is the native cryptocurrency of the Enzyme platform. Its primary function is to serve as a compensation token for network participants, including developers and maintainers. The tokenomics of MLN involve a controlled inflationary model, where up to 300,600 new MLN tokens can be minted each year to fund protocol development and growth. This approach ensures that the ecosystem continues to evolve and improve over time.

MLN tokens are also used for paying asset management fees within the platform, including fund creation, investment requests, and asset redemption. Additionally, projects seeking integration with the Enzyme network require MLN tokens to enable necessary features. The token's value is intrinsically linked to its utility and the overall usage within the network, making it a vital component of the Enzyme ecosystem.

What Determines Enzyme’s Price?

The price of Enzyme (MLN), like any cryptocurrency, is influenced by a complex interplay of various factors, pivotal in the volatile and dynamic world of blockchain and digital assets. One of the primary determinants is market demand, which is significantly influenced by the utility and adoption of the Enzyme platform. As Enzyme facilitates decentralized asset management on the Ethereum blockchain, its attractiveness to investors, asset managers, and DeFi enthusiasts directly impacts MLN's demand. The more users and projects engage with Enzyme for managing digital assets, the higher the potential demand for MLN tokens. This demand is further fueled by the unique features of Enzyme, such as its ability to create and manage diverse investment strategies and its integration with leading DeFi projects, which can attract a broader user base and increase token utility.

Another critical factor in determining Enzyme's price is its tokenomics, a term that combines 'token' and 'economics.' The MLN token has a controlled inflationary model, where a fixed number of tokens are minted annually to support network development and growth. This approach to token supply can influence its scarcity and value. Furthermore, the activities of the Enzyme Council DAO, which governs the protocol, also play a significant role. Decisions regarding protocol upgrades, feature additions, and partnerships can significantly impact investor perception and confidence, thereby affecting the price. Additionally, broader market trends in the cryptocurrency sector, regulatory changes, and technological advancements in blockchain also contribute to the fluctuations in Enzyme's price, making it a dynamic asset in the ever-evolving crypto landscape.

Show more

MLN/USD price calculator

MLN
USD
1 MLN = 5.55 USD. The current price of converting 1 Enzyme (MLN) to USD is 5.55. This rate is for reference only.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

MLN resources

Enzyme ratings
4.4
102 ratings
Contracts:
0xec67...7c91892(Ethereum)
Moremore
Links:

What can you do with cryptos like Enzyme (MLN)?

Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 wallet

How do I buy Enzyme?

Learn how to get your first Enzyme in minutes.
See the tutorial

How do I sell Enzyme?

Learn how to cash out your Enzyme in minutes.
See the tutorial

What is Enzyme and how does Enzyme work?

Enzyme is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Enzyme without the need for centralized authority like banks, financial institutions, or other intermediaries.
See more

Buy more

FAQ

What is the current price of Enzyme?

The live price of Enzyme is $5.55 per (MLN/USD) with a current market cap of $16,577,296.34 USD. Enzyme's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Enzyme's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Enzyme?

Over the last 24 hours, the trading volume of Enzyme is $8.64M.

What is the all-time high of Enzyme?

The all-time high of Enzyme is $270.05. This all-time high is highest price for Enzyme since it was launched.

Can I buy Enzyme on Bitget?

Yes, Enzyme is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy enzyme guide.

Can I get a steady income from investing in Enzyme?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Enzyme with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Hot promotions

Where can I buy Enzyme (MLN)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

Video section — quick verification, quick trading

play cover
How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Buy Enzyme for 1 USD
A welcome pack worth 6200 USDT for new Bitget users!
Buy Enzyme now
Cryptocurrency investments, including buying Enzyme online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Enzyme, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Enzyme purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.