Enzyme Finance is an onchain asset management system that enables vault managers to create investment vaults. Vaults pay a fee for building on top of Enzyme Finance.

Enzyme Finance is an asset management protocol built on Ethereum. Enzyme Finance was founded by Melonport AG in 2016 and launched on mainnet in 2019.

Enzyme Finance is governed by the Enzyme Council. Enzyme Finance currently takes a cut of the total vault assets under management (revenue). Enzyme Finance’s investors include KR1, etc.

Asset management

Enzyme Finance

# Token turnover (circulating) Methodology

## Overview

Token turnover (circulating) measures how frequently a project's token changes hands relative to its circulating market cap. It is calculated as the average daily token trading volume divided by the circulating market cap, indicating liquidity and trading activity relative to the token's circulating valuation.

${token_trading_volume} / ${market_cap_circulating}

Average daily token trading volume divided by circulating market cap.

Enzyme FinanceMLN

Token turnover (circulating)

Token turnover (circulating)

Competitive landscape