The Rise of Decentralized Asset Management
Since its launch in early 2021, Enzyme has emerged as a leading force in the decentralized finance (DeFi) space, empowering users to create, manage, and invest in custom crypto asset management vaults. With over 1,000 vaults created, more than 2,500 deposits, and assets under management (AUM) growing from $0 to **$230 million**, Enzyme has proven its value as a robust DeFi operating system.
Built on Ethereum and now expanded to Polygon, Enzyme lowers the barriers to entry for both individual investors and institutional players. Its mission? To decentralize traditional asset management and make advanced investment strategies accessible to a global audience.
Despite rapid innovation, DeFi remains in its infancy—estimates suggest only around 4 million people have used DeFi protocols so far. Yet, the potential user base could be as large as 200–300 million, meaning current adoption sits below 2%. This gap represents a massive opportunity, and Enzyme is positioning itself at the forefront of this financial revolution.
👉 Discover how you can start building your own investment strategy today.
How Enzyme Works: A Unified DeFi Experience
Enzyme functions as a comprehensive DeFi operating system, aggregating dozens of protocols and over 250 digital assets into a single, intuitive platform. Whether you're an experienced asset manager or a first-time investor, Enzyme streamlines access to powerful financial tools.
Users can:
- Create their own vaults or invest in existing strategies
- Filter opportunities by asset type, risk level, and performance metrics
- Access yield-generating protocols like Yearn Finance, Idle Finance, and Convex Finance
- Engage in lending and borrowing via Aave and Compound
- Participate in yield farming across top-tier platforms
- Trade seamlessly through integrated DEXs such as Uniswap, Curve, and Paraswap
- Provide and actively manage liquidity on automated market makers (AMMs)
In February 2025, Enzyme launched v4 Sulu, a major upgrade that introduced cross-chain functionality, allowing vaults to be deployed on either Ethereum or Polygon. This expansion drastically reduces costs—vault creation on Polygon is up to 1,000x cheaper than on Ethereum—thanks to lower gas fees and faster transaction speeds.
Additionally, v4 features:
- A completely redesigned user interface
- Improved app performance
- Enhanced security and transparency
- A new tokenomics model for the $MLN token with built-in deflationary mechanisms
Who Is Enzyme For?
Enzyme serves a diverse range of users across the decentralized ecosystem:
🔹 Asset Managers
Professional or community-driven fund managers can design and launch customized investment vaults, setting investment policies, fee structures, and risk parameters.
🔹 Investors
Individuals looking to gain exposure to sophisticated DeFi strategies without managing them directly can invest in vetted vaults, benefiting from expert management and economies of scale.
🔹 DAOs & Treasury Managers
Decentralized autonomous organizations (DAOs) use Enzyme to manage treasuries transparently, track performance in real time, and execute complex investment strategies securely.
🔹 Token Holders
Holders of the $MLN token participate in the protocol’s economic engine, contributing to network security and governance while benefiting from deflationary pressure via token burns.
Whether you're managing millions for a DAO or exploring your first DeFi investment, Enzyme offers a non-custodial environment where you retain full control of your funds at all times.
By pooling assets into shared vaults, users also benefit from batched transactions, significantly reducing gas costs compared to executing trades individually across multiple platforms.
Frequently Asked Questions
Q: Is Enzyme safe to use?
A: Yes. Enzyme is non-custodial—your funds remain under your control. All transactions are recorded on-chain, ensuring full transparency and auditability.
Q: Can I use Enzyme without creating a vault?
A: Absolutely. You can browse and invest in existing vaults tailored to different risk profiles and investment goals.
Q: What blockchains does Enzyme support?
A: Enzyme supports both Ethereum and Polygon through its v4 Sulu release, offering users flexibility in cost and speed.
Q: How are gas fees handled on Enzyme?
A: On Polygon, gas fees are extremely low—up to 1,000x cheaper than Ethereum—making frequent management actions far more affordable.
Q: What is the role of the $MLN token?
A: $MLN is the protocol’s utility token. Users pay fees in MLN (equivalent to 25 basis points of AUM), which are then automatically burned, creating deflationary pressure.
Q: Are there risks involved in using Enzyme vaults?
A: As with any DeFi platform, smart contract risk, market volatility, and strategy-specific risks exist. Always perform due diligence before investing.
Powering Innovation with $MLN Tokenomics
The $MLN token is central to Enzyme’s economic model. It serves as the primary fee payment mechanism for using the protocol. For every vault created or managed, users must pay fees equivalent to 25 basis points (0.25%) of their AUM in MLN tokens. These tokens are immediately burned upon collection.
This deflationary mechanism aligns long-term incentives among stakeholders:
- Encourages responsible usage of the protocol
- Reduces circulating supply over time
- Strengthens network effects as adoption grows
Notable milestones:
- Over 382,125 MLN tokens burned to date
- A single burn event on August 9, 2022, destroyed 54,669 MLN
- Burn data is publicly verifiable via The Graph
While inflation may outpace burns in the short term, the long-term trajectory supports increasing scarcity as AUM expands and more vaults come online.
👉 Learn how token-powered protocols are reshaping finance.
Enzyme’s Vision for the Future
Enzyme’s success isn’t just measured in AUM—it's about democratizing access to financial innovation. As of 2025, Enzyme has achieved:
- Over 1,000 unique vaults
- More than 2,500 deposits
- Peak AUM reaching $230 million
Looking ahead, Enzyme aims to solidify its role as the go-to infrastructure layer for decentralized asset management. Future developments may include:
- Expanded multi-chain support
- Advanced risk assessment tools
- Automated compliance features
- Deeper integration with DAO governance systems
Every transaction on Enzyme is immutable and publicly recorded on the blockchain, ensuring complete transparency. Investors enjoy 24/7 reporting with real-time insights into holdings, deposits, fees, and policy changes.
As DeFi continues its exponential growth, Enzyme stands ready to power the next generation of financial products—democratizing access, reducing friction, and enabling anyone, anywhere, to build scalable investment strategies.
👉 Start exploring decentralized asset management now—your future portfolio begins here.
Final Thoughts
Enzyme is more than just a protocol—it’s a foundational piece of the evolving DeFi landscape. By combining powerful aggregation capabilities with intuitive design and strong economic incentives, it empowers both creators and investors to thrive in a decentralized world.
Whether you're launching your own fund, joining a community-driven vault, or managing a DAO treasury, Enzyme offers the tools, transparency, and efficiency needed to succeed in modern finance.
The future of asset management isn't centralized—it's open, transparent, and accessible to all. Welcome to that future.
Core Keywords:
DeFi operating system, decentralized asset management, crypto asset management vaults, $MLN tokenomics, non-custodial investment platform, Polygon blockchain DeFi, Ethereum DeFi protocol