Total Value Locked$246.08m
TVL by Chain
Ethereum$243.78m
Rootstock$1.08m
Robinhood Chain$1.02m
Mezo$183,132
Monad$12,851
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.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubYields
Pools Tracked3
Average Supply APY8.41%
Competitors
Mellow Core history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 28, 2026 to Nov 2, 2026.
All-time high TVL: $496.84m on Apr 6, 2026. All-time low TVL: $103.26m on Jun 14, 2026.
Daily TVL, Oct 4, 2026 to Nov 2, 2026
| Date | TVL |
|---|---|
| Oct 4, 2026 | $280.58m |
| Oct 5, 2026 | $278.65m |
| Oct 6, 2026 | $272.72m |
| Oct 7, 2026 | $271.33m |
| Oct 8, 2026 | $260.82m |
| Oct 9, 2026 | $255.33m |
| Oct 10, 2026 | $258.73m |
| Oct 11, 2026 | $260.14m |
| Oct 12, 2026 | $265.55m |
| Oct 13, 2026 | $254.89m |
| Oct 14, 2026 | $262.34m |
| Oct 15, 2026 | $255.24m |
| Oct 16, 2026 | $264.69m |
| Oct 17, 2026 | $262.42m |
| Oct 18, 2026 | $259.71m |
| Oct 19, 2026 | $259.06m |
| Oct 20, 2026 | $257.3m |
| Oct 21, 2026 | $262.68m |
| Oct 22, 2026 | $262.44m |
| Oct 23, 2026 | $253.9m |
| Oct 24, 2026 | $256.44m |
| Oct 25, 2026 | $254.36m |
| Oct 26, 2026 | $251.89m |
| Oct 27, 2026 | $254.1m |
| Oct 28, 2026 | $256.55m |
| Oct 29, 2026 | $258.55m |
| Oct 30, 2026 | $245.38m |
| Oct 31, 2026 | $246.47m |
| Nov 1, 2026 | $246.28m |
| Nov 2, 2026 | $246.4m |
TVL at each month end, Jan 2026 to Nov 2026
| Date | TVL |
|---|---|
| Jan 31, 2026 | $183.64m |
| Feb 28, 2026 | $112.64m |
| Mar 31, 2026 | $420.91m |
| Apr 30, 2026 | $294.16m |
| May 31, 2026 | $123.59m |
| Jun 30, 2026 | $184.48m |
| Jul 31, 2026 | $195.06m |
| Aug 31, 2026 | $244.27m |
| Sep 30, 2026 | $271.44m |
| Oct 31, 2026 | $246.47m |
| Nov 2, 2026 (latest) | $246.4m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/mellow-core
Frequently asked questions
What is Mellow Core's TVL?
As of Nov 2, 2026, Mellow Core has $246.08m in total value locked. TVL has decreased 10.1% over the past 30 days.
What chains does Mellow Core operate on?
Mellow Core operates on 5 chains: Ethereum, Rootstock, Robinhood Chain, Mezo, and Monad. Ethereum holds the largest share at 99.1%.
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 $8.997b across 85 protocols, and Mellow Core accounts for 2.7% of that total. Similar protocols include Upshift, Lagoon, IPOR Fusion, Neutral Trade, Spark Liquidity Layer, Veda, Grove Finance, Agua, D2 Finance, and Sherpa.
How many yield pools does Mellow Core have?
DefiLlama tracks 3 Mellow Core yield pools with an average APY of 8.4%.