MITO refers to two different entities:
Mitosis (MITO) Cryptocurrency
Mitosis is a DeFi protocol that transforms illiquid liquidity positions into programmable, composable building blocks. It allows users to convert deposits into "miAssets" that can be used in various DeFi activities, such as yield-generating opportunities or trading. The protocol aims to solve liquidity inefficiency problems in DeFi by aggregating individual deposits and providing collective liquidity.
*Key Features:*
- *Programmable Tokens*: miAssets and maAssets can be traded, used as collateral, or combined into sophisticated financial instruments.
- *Cross-Chain Liquidity*: Mitosis enables liquidity to move across multiple blockchain technologies.
- *Rewards*: The protocol offers special programs like Matrix and EOL to give users extra benefits.
*Market Data:*
- Current Price: $0.228
- Market Cap: $44.67 million
- Circulating Supply: 196.27 million tokens
- Trading Volume (24h): $46.93 million