Congratulations to Mellow Protocol on Reaching $600 Million TVL

We are thrilled to congratulate our client, Mellow, on achieving an impressive $600 million Total Value Locked (TVL). This milestone solidifies Mellow as the leader in the the Symbiotic ecosystem and one of the leading LRT protocols globally. We are proud to support their innovative journey and look forward to their continued success.

Mellow Protocol is an innovative liquid restaking protocol designed to operate within the dynamic environment of the AVS ecosystem. Mellow Protocol offers a series of vault smart contracts tailored to different risk profiles, managed by curators. These vaults rely on the inherent flexibility, composability and security of both Ethereum and restaking providers to mitigate AVS risks effectively.

The architecture of Mellow Protocol is engineered to adapt to the varying needs of its users while maintaining a high standard of security and transparency. By allowing permissionless LRT curation, Mellow enables depositors more flexibility regarding their desired level of exposure to risk, while still benefiting from the liquidity of staked assets. This is achieved by dynamically adjusting strategies within each vault based on real-time risk assessments and market conditions.

Mellow’s smart-contract framework is built to be extensible, allowing for the seamless introduction of new features and vault types with minimal changes to the existing codebase. This ensures a low attack surface while facilitating the development of additional products and services.