what's Mellow Protocol?
Mellow Protocol is a DeFi platform specializing in modular vault infrastructure for yield optimization and liquid restaking. It enables users to deposit assets into customizable vaults that automate strategies across various yield sources, including restaked ETH, tokenized real-world assets (RWAs), and fixed-income products. By integrating with restaking protocols like Symbiotic, Mellow creates liquid restaking tokens (LRTs) such as rstETH, allowing users to earn rewards from multiple networks while maintaining liquidity. The protocol's core innovation lies in its strategy engine, which supports composable yield designs. Vaults can incorporate leverage, hedging, and delta-neutral approaches, blending TradFi-grade assets with DeFi mechanics. For instance, users can loop collateralized positions or pair RWAs with restaking primitives, all managed on-chain for efficiency and transparency. Mellow emphasizes risk curation and automation, partnering with entities like Ethena and Gauntlet to launch specialized vaults. This positions it as a bridge between isolated yield opportunities and programmable, multi-asset strategies in the evolving restaking ecosystem.
Mellow Protocol partners with Mezo Network for Bitcoin-native capital infrastructure and onchain finance.
Links
x.com/mellowprotocolPartners with Mezo Network to enable Bitcoin-native capital infrastructure and onchain finance.
Experienced an increase in transaction count on OP Mainnet during the holiday period.
New rstETH⁺ vaults by P2P Validator and Edge Capital Management are in preparation phase ahead of Lido Finance's next staking phase.
TheoriqAI's AlphaVault campaign integrates Mellow Protocol as a native ETH yield source in its three-layer staking structure alongside Lido and Chorus One.
strETH deposits on Equilibria earn 250% vePENDLE boost plus Mellow Points as additional rewards, with entry available via strETH or existing Pendle LP/PT tokens.
A new vault from TheoriqAI launches with AI-based capital allocation across multiple strategies.
A new Solv Protocol vault goes live on BNB chain with cross-layer yield functionality, offering stSolv rewards, SOLV incentives, and partner points programs.
Lido Finance brings stETH into a fully staked ETP product targeting institutional workflows, strengthening stETH as the foundation for structured products on the platform.
The MON vault experiences technical problems with pending deposits showing no activation timeline and UI loading errors.
Deposits open for the MON ecosystem vault, allowing MON holders to participate across multiple protocols on Monad.
A MON Vault for Monad tokens is built by Mellow Protocol, expanding vault offerings to the Monad ecosystem.
The stRATEGY vault hits 20K ETH with $57M in TVL.
DeGate completes integration of the Lido stRATEGY Vault on their platform.
The Lido stRATEGY Vault crosses $50M TVL with over 15K ETH, doubling from $25M in less than a week.
The Lido stRATEGY Vault, the first Core Vault launched 3 days ago, crosses $25M in Total Value Locked.
Theoriq launches AlphaVault Phase 1 with ETH/wstETH deposits through Mellow Protocol infrastructure, with Phase 2 planned to introduce a vault-of-vaults system with Allocator Agent optimization.
An investor announces their investment in the protocol to build infrastructure for onchain curators serving as the backend for fintechs and TradFi companies moving onchain.
Core Vaults launches today, providing institutional-grade yield infrastructure with custody preservation and execution across both DeFi and centralized exchanges.
Mellow hosts the Onchain Capital Summit on November 20 in Buenos Aires with leading protocols, funds, and institutions to shape the architecture of onchain capital markets.
Mellow Protocol announces expansion to Monad blockchain, bringing institutional vaults to the chain for DeFi yield access.
The founder will speak at Universal Staking day event on November 19 in Buenos Aires about staking and structured yield strategies.
KPK markets crossed $40M TVL within a week of launch, providing over $12M in active credit across Mellow Protocol and two other protocols through institutional-grade lending infrastructure.
Gearbox Protocol's upgraded ETH markets now feature native withdrawal functionality for Mellow assets as part of a migration offering for borrowers.
Alpha Vault product demo slated for release in coming weeks, while protocol pursues HyperEVM/HyperCore integration development.
Mellow protocol confirmed as the initiator for AlphaVault's two-phase launch, with potential announcement timing tied to TheoriqAI's Asia Roadshow.
AlphaVault development is accelerating with a two-phase rollout structure, currently in pre-product testing stage with Phase 1 launch expected after TOKEN2049.
Protocol becomes platinum sponsor of Korea's RWA & Stablecoin Summit on September 25, indicating strategic expansion into Korean market and RWA sector focus.
TheoriqAI's recent AMA reveals AlphaVault's technical specifications including strict risk controls, hedging strategies, and market-adaptive features, while confirming the protocol's $460M historical TVL since 2021.
Joint AMA with Symbiotic covers vault rebalancing mechanisms and introduces points rewards for early stakers.
New AlphaVaults launch in partnership with TheoriqAI, incorporating specialized agent execution, enhanced security features, and cross-chain hedging capabilities through HyperLiquid integration.
AlphaVault by TheoriqAI will utilize mellow protocol's secure vault architecture for AI agent execution, representing a new partnership integration.
Protocol reports 42% month-over-month revenue growth with 25% allocated to GEAR LP buyback, while achieving $26M in cumulative fees since January 2024.
Next-generation vaults undergo successful stress testing by Sherlock, preparing for institutional deployment
Security audits complete for zero-slippage leveraged operations, with new Kodiak, Berachain, and Beraborrow integrations launching on Permissionless platform.
Protocol reaches $500M TVL milestone while launching triple-point farming strategy with Aegis and Symbiotic.
New Binance Wallet integration launches, expanding access to vaults and yield strategies.
Gearbox captures 97% of lending protocol points and 20% of TVL, establishing dominant position with largest curated ETH lending pool.
Decentralized Validator Vault reaches $100M TVL milestone through multi-protocol collaboration.
ETH staking program launches with 70% APY, delivering annual yields every 15 days.
Gearbox launches 10X leverage lending for wstETH and lskETH with 100K LSK rewards program on Lisk network.
New Aegis vault launches enabling YUSD stablecoin restaking with Symbiotic and Eigenlayer integration.
$75M in leveraged positions built without slippage or fees through Gearbox integration.
Three protocol vaults join Lisk Surge Epoch 3 incentive program, receiving share of 293K LSK and 90K OP rewards over three weeks.
New liquidity pool launches on Penpie offering 15% APY plus Mellow Protocol and Symbiotic points rewards.
Protocol manages $154M TVL as second-largest protocol in Re7Labs ecosystem with 28% share.
Lido Finance node operators gain DVT integration with up to 1,000 split keys, featuring 20-25% operator incentives and remainder to protocol DVV.
New wstETH vault launches with 11% APR, $1M TVL, and zero minimum deposit requirement.
New vault infrastructure adds permissionless functionality and receives full MixBytes security audit.
Current yield farming APY stands at 18%.
Borrow limit increases to 35K wstETH ($110M) on Gearbox's Lido instance, marking largest curated ETH market in DeFi.
Surge Epoch 2 launches with 252K LSK and 80K OP rewards across 6 Velodrome pools and 3 vaults, featuring dynamic APR and 2X XP boost incentives.
RE7 rstETH now available for trading on Napier Finance with September 2025 maturity.
Surge epoch 1 launch attracts $10M+ TVL with vault integration, offering up to 210% APR across multiple pools and 247K LSK in total rewards.
New M-BTC integration enables cross-chain functionality between Merlin Layer2 and Lisk ecosystem, expanding liquidity options.
Interoperability solutions receive security validation from Nethermind.
Joins Lido V3 Early Adopter program alongside Flow Traders and Symbiotic Finance.
Global market maker Flow Traders launches custom yield vault, expanding institutional DeFi access.
Gearbox instance reaches $100M+ TVL with $65M wstETH supplied and $49M rstETH minted, showing significant growth from the previously reported $50M TVL for the institutional instance.
Decentralized Validator Vault integrates with Lido UI, offering 11% combined APR across multiple staking rewards.
New yield farming opportunity offers 8.55% APR with inwstETHs collateral and 10x multiplier rewards.
New platform features including modular vaults, institutional rails, and onchain yield products are now live alongside refreshed UI.
Institutional instance reaches $50M TVL with $34M wstETH lent and $17M+ LRTs minted.
Critical failure signal: Project enters 'graveyard' status due to missed market timing and delayed token launch.
Platform upgrade enables real-time vault management and self-service asset allocation tools.
Borrow limit increased for rstETH, offering 20X credit and 20%+ APY through P2P Validator incentives on Lido's Gearbox instance.
New MultiVaults feature launches, combining staking, leveraged looping, and delta-neutral strategies into single vault system.
New vault launching for USBD stablecoin with 50M initial capacity, curated by MEV Capital.
Automatic Liquidity Management toolkit launches on Swellchain with Velodrome Finance integration, supporting rswETH/ETH pools.
New cross-chain interoperability solution launches with LayerZero integration, enabling multi-EVM network stake delegation.
Leverage caps increased to 20x on rstETH with 20% APY and additional point incentives.
New curation fees implemented on points and rewards, while staking APR remains unchanged. Fees will support partnership expansion.