Onchain Capital Allocator
Mellow Core
Total TVL
$278.98M
Active pools
0
Chains supported
5
Official site: https://app.mellow.finance/vaults ↗
Overview
Mellow Core is an onchain capital allocator that generates returns for users by deploying their funds into various yield-bearing assets across multiple chains. Participants earn interest based on the performance of these allocations, with value flowing back to them as rewards.
The protocol holds $148.5M in TVL across 0 active pools and operates on 3 supported chains: Ethereum, RSK, and Mezo. Ethereum dominates at 99%, followed by RSK at 0.7%. This concentration indicates a significant reliance on the Ethereum network for liquidity and performance.
Audit posture is light, with 1 audit reference in the data. The protocol has an official surface area but lacks market cap information to compare against TVL.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Ethereum | $276.51M |
| RSK | $1.22M |
| Robinhood Chain | $1.00M |
| Mezo | $218.6K |
| Monad | $24.3K |
TVL history
FAQ
› What is Mellow Core?
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.
› How much TVL does Mellow Core have?
Mellow Core has $278.98M in total value locked across all supported chains as of the last refresh.
› How many active pools does Mellow Core have?
We currently track 0 active pools for Mellow Core.
› Is Mellow Core audited?
DefiLlama lists 1 audit for Mellow Core. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.