Logo of Mellow CoreMellow Core
Total Value Locked$256.71m

TVL by Chain

Ethereum$255.4m

Rootstock$1.1m

Mezo$199,110.98

Monad$17,067.52

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.

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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 ($423.81m)Veda ($1.786b)Lagoon ($145.72m)Agua ($12.01m)Sherpa ($481,385.38)Spark Liquidity Layer ($2.533b)Grove Finance ($1.971b)Concrete ($1.194b)ether.fi Liquid ($432.98m)Aera V3 ($146.62m)

Frequently Asked Questions

What is Mellow Core's TVL?

Mellow Core currently has $256.71m in total value locked. TVL has increased 21.2% over the past 30 days.

What chains does Mellow Core operate on?

Mellow Core operates on 4 chains: Monad, Mezo, Ethereum, and Rootstock. Ethereum holds the largest share at 99.5%.

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 $9.57b across 79 protocols, and Mellow Core accounts for 2.7% of that total. Other leading protocols include Upshift, Veda, Lagoon, Agua, Sherpa, Spark Liquidity Layer, Grove Finance, Concrete, ether.fi Liquid, and Aera V3.