Quick Snapshot
Mitosis is a blockchain that transforms your DeFi deposits into small, programmable tokens. These tokens can be traded, used as collateral, split into principal and yield, and combined into new financial products. The goal is to solve two common problems in DeFi:
Deposits get stuck and can’t be reused.
The best yields are usually reserved for big players.
Why Mitosis Exists
Problem 1: Locked-up Deposits
In traditional DeFi, your deposits sit in vaults or liquidity pools. You can’t easily reuse them for other strategies without withdrawing first.
Problem 2: Unequal Yield Access
Big investors often get the best deals. Small users miss out. Mitosis pools everyone’s deposits and negotiates better terms for all users.
Problem 3: Liquidity Spread Across Chains
Assets live on multiple blockchains, so capital is fragmented. Mitosis unifies liquidity across chains, letting it move and be managed as one system.
What Mitosis Does
Mitosis is an EVM-compatible Layer-1 blockchain built for programmable liquidity. Apps can create products using tokenized deposits.
How It Works
Deposit Funds: Put ETH, stablecoins, or other supported assets into vaults on different networks. You receive a Hub Asset on Mitosis (like weETH, uniETH, USDC). Hub Assets are 1:1 wrappers of your deposit.
Choose a Framework:
EOL (Ecosystem-Owned Liquidity): Community-pooled liquidity. You get miAssets representing your share.
Matrix: Time-bound campaigns with set rules and rewards. You get maAssets representing your spot in the campaign.
Use Your Position Token: miAssets or maAssets can be traded, used as collateral, or split into principal and yield. Builders can create indices, lending markets, yield-bearing stablecoins, and more.
Core Components
Vaults and Hub Assets
Deposit assets → get Hub Assets on Mitosis. Examples: weETH, uniETH, ezETH, WETH, USDC.
EOL (miAssets)
Funds are pooled and deployed based on community votes. You earn a share of returns fairly.
Matrix (maAssets)
Join a campaign with fixed terms and rewards. Early withdrawal may reduce rewards.
Programmable Liquidity
Position tokens can be traded, collateralized, split, or combined. This allows for advanced financial products.
Settlement and Accounting
Mitosis tracks yield, losses, and extra rewards across chains and the Mitosis chain for accurate, safe settlement.
Architecture and Security
Layer-1 Chain: EVM-compatible, designed for tokenized liquidity.
Consensus & Staking: MITO token secures the network and enables governance. Stake to earn gMITO.
Cross-Chain Design: Deposits live on multiple chains, but tokens exist on Mitosis for unified management.
Audits: Zellic, Omniscia, Secure3. Always review before deploying funds.
Token Information
MITO: Native token used for staking, governance, and incentives.
Variants: gMITO, tMITO, WMITO, plus MITO on BSC.
Supply: Max 1,000,000,000 MITO; initial circulating ~181M (~18%) at Binance listing (Aug 28, 2025).
Example User Flow
Deposit ETH → receive Hub Asset (weETH)
Join EOL → get miAssets, or join a Matrix campaign → get maAssets
Trade, collateralize, or hold tokens for yield
What Builders Can Do
Create indices of liquidity positions
Build yield-bearing stablecoins
Launch lending/borrowing platforms using miAssets/maAssets as collateral
Develop derivatives and structured products
How Mitosis Stands Out
Bridges move assets chain-to-chain, but Mitosis standardizes deposits as tokens and creates a market for them.
Traditional vaults lock your funds; Mitosis lets you reuse them.
Pooled liquidity (EOL) and campaign-style liquidity (Matrix) give users more options and fairer yields.
Risks to Consider
Smart contract risk even with audits
Cross-chain complexity (delays, fees, messaging issues)
Strategy risk (campaign terms, early exit penalties)
Market risk (token prices and yields can fluctuate)
Getting Started
Understand EOL, Matrix, and Hub Assets
Verify asset/vault addresses
Skim audits
Check live MITO market data
Pick EOL or Matrix path
Extra Resources
Official site and docs for core concepts
Nansen guide for cross-chain liquidity
Binance Academy & Research for token utilities and supply info
DeFi Llama for protocol overview
Glossary
Hub Asset: 1:1 token on Mitosis mirroring your deposit
EOL: Pooled, community-governed liquidity; miAsset represents your share
Matrix: Campaign-style liquidity; maAsset represents your position
Programmable Liquidity: Use tokens as building blocks for trading, collateral, or product creation
MITO: Native token for staking, governance, and network incentives
Bottom Line
Mitosis wraps your deposits into usable tokens, letting you reuse them across chains and apps while opening better yield opportunities for all, not just whales.