Melon was rebranded and is now known as Enzyme Finance. It is a blockchain protocol for digital asset management built on the Ethereum platform.
Enzyme
Trading Activity
Supported
$1.02M traded Price signal supported
Trading Activity price-reliability indicator with 100 percent data coverage. Low activity replaces price-derived sentiment because the displayed market price may not be supported by meaningful trading. Peg Health
Watch
Target
Peg Health price-stability indicator with 0 percent data coverage. It measures observed market pricing, not reserve quality or redemption safety. Market Signal
Bearish
30D -11.4% 99.6% below ATH
Price-based current market conditions indicator with 100 percent data coverage. This is not a price forecast. $1.21
Updated Data via CoinMarketCap
- Market cap
- $3.97M
- Token Dominance
- 0.0%
- Volume (24h)
- $1.02M
- Circ. supply
- 3.28M
- FDV
- $3.97M
Enzyme price chart
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Trading Activity analysis
Why trading activity is supported
Supported 57 100% data coverage
Price signal unreliable $1,017,512.54 traded over the last 24 hours. The available activity evidence is sufficient to retain the asset’s price-derived signal.
Price support evidence
Reported volume45% weight 60 / 100
Valid-pair liquidity25% weight 7 / 100
Market-cap turnover15% weight 88 / 100
Exchange breadth10% weight 96 / 100
Quote freshness5% weight 100 / 100
Reliability decision
57 40 / 100 minimum
Price signal supported Trading evidence supports price-derived interpretation.
Activity evidence
- 24h volume
- $1.02M
- Turnover
- 25.61%
- Valid markets
- 10
- Active exchanges
- 9
Low activity can make the displayed price sensitive to a handful of trades. Trading Activity assesses price reliability—not project development, legal status, reserves, or solvency.
Price movement Not interpreted while trading support is below the reliability threshold.
Market context
Supporting only- Displayed price
- $1.21
- Market cap
- $3.97M
- Reported pairs
- 160
How Trading Activity is calculated
What it measures
The model combines reported 24-hour volume, market-cap turnover, valid-pair liquidity, active exchange breadth, and quote freshness. Missing optional evidence lowers coverage; missing volume or a known-stale quote suppresses price-derived interpretation.
Configured model weights
- Reported volume
- 45% weight
- Valid-pair liquidity
- 25% weight
- Market-cap turnover
- 15% weight
- Exchange breadth
- 10% weight
- Quote freshness
- 5% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
Scores of 0–19 are dormant, 20–39 are thin, 40–69 are supported, and 70–100 are active. Scores below 40 withhold price-derived interpretation.
Market Signal analysis
Why Enzyme is bearish
Bearish 23 100% data coverage
Price momentum across the scored timeframes weighs on the reading, while short-term volume confirms the stronger move. Together these inputs produce a bearish reading rather than a price forecast.
Score drivers
Momentum 55% weight −15 pts
Historical position 20% weight −10 pts
Milestone recency 15% weight −3 pts
Volume confirmation 10% weight +2 pts
Historical position
0% of log range
Log scale · formula input A complete ATL and ATH range is not available for this asset.
Momentum evidence
- 24H
- −3.22%
- 7D
- −4.17%
- 30D
- −11.39%
- 90D
- −58.98%
- 1Y
- −83.16%
Market context
Not directly scored- CEX volume (24h)
- $1.02M
- DEX volume (24h)
- $3
- Total supply
- 3.28M
How this score is calculated
What it measures
The model converts price momentum, logarithmic historical position, milestone recency, and short-term volume confirmation into one 0–100 score. Missing evidence lowers data coverage instead of counting as neutral.
Configured model weights
- Momentum
- 55% weight
- Historical position
- 20% weight
- Milestone recency
- 15% weight
- Volume confirmation
- 10% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
50 is the neutral midpoint. Scores of 60 or higher are bullish, 40 or lower are bearish, and 41–59 are neutral.
Enzyme Markets
Showing 10 spot markets sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.
| Pair | |||||
|---|---|---|---|---|---|
| 1 | MLN/USD | $1.25 | $32.72K | 16 | |
| 2 | MLN/USDT | $1.23 | $7.48K | 117 | |
| 3 | MLN/USDT | $1.23 | $55.72K | 166 | |
| 4 | MLN/USDT | $2.07 | $369.5K | 1 | |
| 5 | Uniswap v2 | WETH/MLN | $1,879.11 | $2.39K | 240 |
| 6 | MLN/USD | $1.25 | $3.55K | 13 | |
| 7 | MLN/EUR | $1.22 Best price | $577 | 1 | |
| 8 | LBank | MLN/USDT | $1.23 | $321.7K | 7 |
| 9 | MLN/USDT | $1.70 | $167.35K | 245 | |
| 10 | Biconomy.com | MLN/USDT | $1.23 | $7.48K | 43 |
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About Enzyme
Enzyme Links & Resources
- Website
- enzyme.finance
- Whitepaper
- Whitepaper
- Explorer
- etherscan.io
- Wallets
- Exchanges
Enzyme Technical Details
Circulating Supply 3,276,198
Total Supply 3,276,818
Enzyme FAQs
What is the price of Enzyme today?
As of Aug 12, 2026, Enzyme trades at $1.21.
What is the market cap of Enzyme?
Enzyme has a market capitalization of $3,973,653.71.
What is the 24-hour trading volume of Enzyme?
Enzyme has a 24-hour trading volume of $1,017,512.54.
What is the all-time high of Enzyme?
Enzyme reached an all-time high of $270.05, recorded on Jan 4, 2018. It is currently 99.55% below its all-time high.
What is the all-time low of Enzyme?
Enzyme recorded an all-time low of $1.19, recorded on Jun 24, 2026. It is currently 1.61% above its all-time low.
What is the TVL of Enzyme?
Enzyme has a total value locked of $123,885,017.
What is the market cap to TVL ratio of Enzyme?
Enzyme has a market cap to TVL ratio of 0.03x.
