Mellow Core Review: Is Its Vault Infrastructure for You?
Mellow Core is infrastructure for branded onchain vaults, aimed at institutions and financial businesses. Its vault model is described, but fees, custody details and audit findings remain unclear.
By the SkyBitcoins review team · Updated
At a glance
Mellow Core key facts
| Type | Onchain vault infrastructure |
|---|---|
| Vault model | Mandates, verifiers and queued transactions |
| Chains | Ethereum, RSK, Robinhood Chain, Mezo, Monad |
| Audits | Two listed; scope and findings unclear |
| Value locked | $255M+3.1% 7d |
| Updated |
Mellow Core FAQs
What is Mellow Core?
Mellow describes Core Vaults as infrastructure for institutions, neobanks, fintechs and asset issuers to offer branded yield, treasury or real-world-asset products. Vault mandates can set eligible depositors, supported assets, approved venues and allocation limits.
What fees does Mellow Core charge?
Mellow does not publish fee details in the information available about the product. Check the vault’s own terms and any displayed costs before depositing; fees may differ between vaults.
Is Mellow Core audited and safe?
Two audits are listed, but their names, scope and findings are not established. The vault description says mandates are enforced onchain by verifiers, but that alone does not establish how assets are custodied or what protections apply.
Compare
Mellow Core alternatives
Almanak automates DeFi strategies through Safe wallets, but check fees, audit coverage and strategy permissions before deploying funds.
Lagoon offers many curated yield vaults, but fees, risks and withdrawal timing depend on the specific vault you choose.
Spark Liquidity Layer routes Sky stablecoins across chains and markets, but check access, fees, withdrawals and risks with each integration.
Concrete automates DeFi yield through managed vaults, but check each strategy’s fees, risks and withdrawal terms before depositing.
Aera V3 automates onchain treasury strategies, but closed-beta access, unpublished fees and V3 audit coverage need checking first.
Aera V2 automates onchain DAO treasury strategies, but its app is in closed beta and fees are not published on the homepage.
Same category
More Onchain Capital Allocators
Sommelier automates multi-chain DeFi vault strategies, but check vault risks and fees before depositing.
Rigoblock offers non-custodial DeFi vaults and GRG incentives, but check audit reports, vault risks and all transaction costs before depositing.
D2 Finance offers actively managed on-chain derivatives vaults, but check each vault’s fees, audits and withdrawal terms before depositing.
Ufarm Digital offers non-custodial managed DeFi vaults, but check each vault’s fees, exit terms and risks before depositing.
Makina offers non-custodial access to onchain strategies, but check each Machine’s fees, risks and coverage before depositing.
Neutral Trade offers managed on-chain strategy vaults, but check each vault’s fees, redemption terms and audit details before depositing.
Same chain
More on Ethereum
Lido turns staked ETH into liquid stETH, but variable rewards, a 10% reward fee and withdrawal and contract risks need checking.
Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.
Aave offers open crypto lending and borrowing, but variable rates, gas costs and liquidation risk make it best for informed DeFi users.
Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.
GetBlock suits teams needing multi-chain RPC and data services, but check usage billing, coverage and SLA terms before relying on it in production.
Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.