Snapshot
Continue to About ↓- What it does
- Mezo is a Bitcoin-focused decentralized finance app where you deposit Bitcoin as collateral to borrow MUSD, a stablecoin the site states is 100% backed by Bitcoin reserves and pegged 1:1 to the U.S. dollar, so you can access liquidity without selling your BTC.
More detail
- It also offers BTC-denominated yield through locking and voting (veBTC/veMEZO), liquidity pools, and vault strategies operated by third parties.
- Best for
- Long-term Bitcoin holders who want dollar liquidity or spendable stablecoins without selling their BTC, and crypto-native users comfortable managing collateral ratios on a new chain.
More detail
- Institutions seeking segregated, non-rehypothecated Bitcoin vaults with on-chain proof of reserves.
- Pricing
- Borrowing MUSD is advertised at an initial 1% fixed APR with no monthly payments, explicitly subject to change from governance decisions and market conditions.
More detail
- Institutional USDC/USDT borrowing is advertised from 4%+ APR and is not available to all users.
- Liquidation penalty percentages, vault manag
- Main limitation
- Casual or fiat-first users expecting a mobile-first, insured deposit product
More detail
- the site says the app is best experienced on desktop and markets itself as bank-free and permissionless.
- Small borrowers looking for a published minimum loan amount or guaranteed collateral protection, since the minimum is not disclosed and liquidation is determined by on-chain triggers.
- Record
- Living and monitored
- Reviewed
- Evidence
- Public web research
- Machine access
- Structured profile ↗
About
- Mezo is a Bitcoin-focused decentralized finance app where you deposit Bitcoin as collateral to borrow MUSD, a stablecoin the site states is 100% backed by Bitcoin reserves and pegged 1:1 to the U.S. dollar, so you can access liquidity without selling your BTC.
- It also offers BTC-denominated yield through locking and voting (veBTC/veMEZO), liquidity pools, and vault strategies operated by third parties.
What it helps with
- Accessing dollar liquidity or spending power from Bitcoin without selling it and giving up price exposure.
- Getting a spendable dollar-denominated asset backed by Bitcoin reserves for payments, trading and saving.
- Earning BTC-denominated yield from protocol fees such as MUSD interest, swap and bridging fees.
- Borrowing without credit checks, applications or bank approvals.
- Holding Bitcoin in segregated, non-rehypothecated vaults with on-chain proof of reserves for institutional users.
- Managing loan health with real-time visibility into collateral ratio and risk.
Capabilities
A practical view of what is available and where limitations apply.
| Offering | Available | Detail |
|---|---|---|
| BTC-backed borrowing | Yes | Deposit Bitcoin as collateral to borrow MUSD; the site's illustrative calculator is hypothetical and not connected to live pricing. |
| MUSD stablecoin | Yes | Site states MUSD is 100% backed by Bitcoin reserves, pegged 1:1 to USD, minted instantly, and redeemable for $1 in BTC. |
| Locking and governance yield (veBTC / veMEZO) | Yes | Lock BTC or MEZO to receive veBTC or veMEZO; vote every 7 days to direct emissions, with veBTC locks reportedly capped at 30 days. |
| Liquidity pools | Yes | Provide liquidity to Mezo Swap and earn trading fees plus mats rewards; yields are not guaranteed. |
| Vault yield strategies | Limited | Homepage describes vaults powered by Upshift Finance and managed by experts, while the Earn page says native Mezo vaults are coming and to stay tuned; fees are undisclosed. |
| Unified wallet and portfolio view | Yes | Dashboard shows BTC, MUSD, mats and NFTs in one place. |
| Institutional enclaves | Limited | Described as segregated per-depositor Bitcoin vaults with no rehypothecation, anytime L1 withdrawal, audits, bug bounty and on-chain proof of reserves; eligibility is not clearly confirmed for all users. |
| USDC/USDT borrowing | Limited | Listed at from 4%+ APR for institutions and stated not to be available for all users; buyers must contact the team. |
| Mobile app | No | No native mobile apps are evidenced; the web app is marked best on desktop. |
| Published minimum borrow amount | Unknown | Listed as an open FAQ with no figure published on the reviewed pages. |
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Evidence
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- Verification
- Scribble researched these facts from the linked public sources.
- The owner has not manually confirmed every field.
- Last reviewed
- Primary source
- mezo.org
Technical profile details
Record ID
15fdde70-edde-4d6c-9025-df58f9868c84Canonical URLhttps://profiles.scribble.network/listing/mezo-15fdde70