Logo of Mellow CoreMellow Core

Total Value Locked$259.72m

TVL by Chain

Ethereum$257.31m

Rootstock$1.18m

Robinhood Chain$1m

Mezo$211,428

Monad$18,085

Protocol Information

Core Vaults are Mellow's current vault architecture for institutions, neobanks, fintechs, and asset issuers to launch Earn, treasury, and RWA products under their own brand. Each vault operates under a mandate covering eligible depositors, supported assets, approved venues, and allocation limits, enforced onchain by verifiers alongside multi-asset accounting, asynchronous deposit and redemption queues.

WebsiteX/Twitter
Category:Onchain Capital Allocator

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Upshift ($400.89m)Lagoon ($155.24m)Fusion by IPOR ($75.76m)Neutral Trade ($24.42m)Spark Liquidity Layer ($2.655b)Veda ($1.838b)Grove Finance ($1.135b)Ember Protocol ($122.32m)D2 Finance ($29.11m)Agua ($17.04m)

Frequently Asked Questions

What is Mellow Core's TVL?

Mellow Core currently has $259.72m in total value locked. TVL has increased 3.8% over the past 30 days.

What chains does Mellow Core operate on?

Mellow Core operates on 5 chains: Ethereum, Rootstock, Robinhood Chain, Mezo, and Monad. Ethereum holds the largest share at 99.1%.

How does Mellow Core's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, Mellow Core ranks #7 by TVL. The category holds $9.103b across 85 protocols, and Mellow Core accounts for 2.9% of that total. Other leading protocols include Upshift, Lagoon, Fusion by IPOR, Neutral Trade, Spark Liquidity Layer, Veda, Grove Finance, Ember Protocol, D2 Finance, and Agua.