24h Change0%
All Time HighJun 29, 2026$1.13
All Time LowMar 5, 2025$1.01
Market Cap$3.55m
Fully Diluted Valuation$3.55m
Circ. Supply3.14m MMEV
CEX Volume$0
DEX Volume$94,770
How much debt can be issued against MMEV as collateral across lending protocols.
Maximum possible exposure to MMEV
$1,484
$408.4 (max additional borrows against MMEV) + $1,076 (bad debt if MMEV was hacked now)
Morpho V1
$1,484 at-risk exposure = $1,076 bad debt if hacked + $408.4 additional borrowable against MMEV
Showing collateral exposure for MMEV on Ethereum. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
Each row is one protocol-chain exposure for MMEV as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
mMEV0x030b69280892c888670edcdcd8b69fd8026a0bf3 | $408.4 | $1,076 |
Risk-management actions published about MMEV by tracked risk managers and governance contributors, newest first.
mMEV Frontier market on Ethereum has low open interest (<$100k), prompting a 30-day LTV ramp-down and UI deprecation as the DAO sunsets low-engagement managed markets to refocus resources on higher-impact opportunities.
mMEV, a liquid yield token from MEV Capital's leveraged delta-neutral strategy, has frequent underlying portfolio changes that make its risk exposure difficult to assess. Instant redemption capacity is low at ~$700k (1%), far below the 10% target and insufficient for the high LLTV, increasing liquidation risks.
mMEV has experienced rapid adoption on Euler Yield, reaching 100% supply cap usage with TVL growing from under $2M to over $10M in three weeks, though instant redemption capacity has slightly decreased to $760k.
The mMEV vault hit its 3M supply cap less than two weeks after listing, with TVL reaching 10.2M and a competitive 14.19% trailing 7-day APY. The risk profile has not materially changed since Gauntlet's initial assessment, justifying higher exposure to boost borrows and maintain a competitive edge over Morpho.
An is required to view token usage.
Tracking 2 pools, average APY 8.08%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabMMEV | 🪂 | $2.49m | 8.08% | 8.08% | 8.10% | ||||
| open in new tabMMEV | 🪂 | $1.06m | 8.08% | 8.08% | 8.10% |
