Mizu Labs aims to solve the liquidity dilemma of capital dispersed across multiple chains, with Mizu hoping to effectively integrate cross-chain liquidity through a modular blockchain, becoming a unified liquidity layer applicable to all VMs (virtual machines).
*Mizu is developed based on Movement Labs' MoveVM
Mizu Labs Basic Information
I conducted extensive research on Mizu Labs and read their official website, discovering that there is currently very little information available about Mizu Labs. I judge that Mizu Labs is a protocol that was established not long ago, with the earliest information indicating it should officially be established and operational by 2024/12.
1. TVL
5.32M
Sorted by locked amount, HyperUSD (3.3M), HyperETH (1.6M), HyperBTC (463.7K)
2. Collaboration Agreement
Infrastructure: HyperBeat, Veda Labs, Royco Protocol, Redstone, LayerZero, Router, SevenSeas, Stargate
Supporting Asset Issuers: Lombard, StakeStone, Solv, Swell, EtherFi, Lido, Resolv, Renzo, Puffer, PumpBTC, mETH Protocol, KelpDAO
Hyperliquid Partners: Hyperlend, Harmonix, Hypurrfi, Timeswaps, Silhouette, HyperSwap
3. Social Media Data
Mizu Labs' official website has a built-in Blog feature, with a total of three articles, all published on 2024/12/18.
Mizu Labs X: 4393 Followers
Mizu Labs TG: 2968 Members
Rootdata: No data
DefiLlama: No data
Crunchbase: No data
Overall, there is very little information available online about Mizu Labs and the level of discussion is not high. As an emerging protocol, users still need to research carefully and participate cautiously.
*Note: Generally, I pay special attention to funding information and audit reports of new protocols. Currently, Mizu Labs lacks information in this area.
What are the potential benefits of using Mizu Labs? A great opportunity for the HyperEVM airdrop layout?
In summary, through Mizu Labs' Hyper Vault, users can earn points (airdrops) from over ten different protocols simultaneously.
Taking HyperETH Vault as an example, as shown in the figure below.
However, except for StakeStone (3x), Renzo (2x), Kernel (2x), and Powder (10x), the rest of the points multiplier is only 1x, so if you want to actively increase exposure to specific protocols and gain more points, there may be better options than Mizu.
But the most noteworthy thing is that Mizu Labs' Hyper Vault can earn points from eight Hyperliquid ecosystem protocols, with known information indicating at least 1-2% of the supply will be allocated.
Therefore, if you are a user focused on laying out the HyperEVM ecosystem, Mizu Labs may be very attractive to you!
However, I am not familiar with the HyperEVM ecosystem, so whether there are better competitors in the market still needs to be explored.
Summary
This is a basic analysis report about Mizu Labs' HyperEVM, which I noticed due to the recent announcement of the mETH Protocol's collaboration with Mizu Labs.
Hyperliquid is a highly discussed project in this cycle, and the HyperEVM ecosystem has also attracted attention, where hidden profit opportunities may be preliminarily understood through this analysis report on Mizu Labs.
But I still want to remind that this is a basic analysis report. Given the lack of information on Mizu, and my limited understanding of HyperEVM, I can only provide a reference. I suggest interested partners research whether there are better competitors in the HyperEVM market!
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※ mETH Protocol's Methamorphosis airdrop 10% bonus code: myronchiu
※ The above content does not constitute investment advice. Users should operate according to their own risk tolerance, DYOR, and participate cautiously in the investment market.
※ Attached image from Mizu Labs official channels