How to Buy Melon Token (MELON) in 2025
In 2025, decentralized asset management has become increasingly vital, and Melon Token (MELON), now commonly referred to by its newer name “Enzyme Finance (MLN),” plays a foundational role in this transformation. For those seeking to gain exposure to DeFi portfolio management solutions, acquiring MELON is a strategic step forward. Here’s your complete guide to buying and storing MELON securely.
What is Melon Token (MELON)?
Melon Token (MELON), also known under the Enzyme Finance project (MLN), is a governance and utility token used to manage and power on-chain asset management protocols. Initially launched in 2017 under the name Melonport, it has since evolved into one of the pioneering protocols for decentralized hedge funds and investment portfolios.
The MELON token is used to pay for execution fees and participate in governance decisions on the Enzyme platform. It allows users to set up, manage, and invest in decentralized asset funds directly on-chain with full transparency and without intermediaries.
How does Melon Token (MELON) work?
MELON runs on Ethereum and acts as the backbone of the Enzyme protocol, a decentralized system that facilitates the creation and operation of investment funds using smart contracts. Here’s how it works:
- Portfolio creation. Anyone can launch a fund using Enzyme, specifying parameters like trading strategies, risk settings, and fee structures.
- Fee payments. MELON is used to pay execution fees on the platform, thereby maintaining a sustainable and self-regulating ecosystem.
- Governance. Holders of MELON can vote on upgrades and changes to the protocol, influencing how the Enzyme ecosystem evolves.
Because it’s built on Ethereum, MELON is compatible with most ERC-20 wallets and DeFi platforms.
Top 10 Best Crypto Wallets to Buy Melon Token (MELON) in 2025 – Comparison
To safely store and manage your MELON tokens, choosing the right wallet is key. Below are the top 10 wallets in 2025 for holding MELON:
1. Walletverse
Walletverse is a powerful mobile-only crypto wallet built for both beginners and experienced users. It supports over 600 cryptocurrencies including MELON and offers deep DeFi integration, dApp access, and staking options like Solana. With biometric and passcode security, Walletverse ensures complete self-custody—only the user has access to the wallet. Purchases can be made via Apple Pay, Google Pay, or credit/debit cards in multiple currencies.
- Pros: User-friendly, high security, fast performance, advanced features, multi-currency support.
- Cons: Mobile-only, no desktop app available.
2. MetaMask
MetaMask is a widely used wallet that functions as a browser extension and mobile app, enabling users to interact with Ethereum-based tokens like MELON. It also integrates easily with hardware wallets for added security.
- Pros: Highly customizable, popular in the Web3 community, supports advanced dApp usage.
- Cons: Requires manual token import, security depends on device hygiene.
3. Coinbase Wallet
Unlike the Coinbase exchange, Coinbase Wallet is a standalone, non-custodial wallet. It supports ERC-20 tokens like MELON and connects easily to DeFi apps.
- Pros: Simple UI, good security, trusted brand.
- Cons: Fewer advanced tools, not ideal for power users.
4. Trust Wallet
Trust Wallet is a mobile wallet supporting Ethereum, BNB Chain, and more. It features a built-in DApp browser, allowing users to connect to DeFi services directly. MELON can be added manually as a custom token.
- Pros: Easy to use, supports many blockchains, includes staking and swapping tools.
- Cons: No desktop version, limited customer support.
5. Ledger Nano
These hardware wallets provide cold storage for MELON and thousands of other assets. They connect to apps like MetaMask for token management.
- Pros: Maximum security, supports offline storage.
- Cons: Requires separate software for token management, costly for beginners.
6. Guarda Wallet
Guarda is a non-custodial multi-platform wallet available on web, desktop, and mobile. Users can add MELON as a custom token.
- Pros: Cross-platform access, private keys stored locally.
- Cons: Interface may seem outdated, manual configuration required.
7. imToken
imToken is a lightweight mobile wallet popular in Asian markets, optimized for Ethereum assets and DeFi dApps. MELON support can be added manually.
- Pros: Clean design, DeFi-friendly, quick performance.
- Cons: Limited brand recognition outside Asia, fewer updates.
8. Trezor Wallet
Another top-tier hardware wallet, Trezor allows secure offline storage of MELON via integrations with MetaMask or other third-party apps.
- Pros: Open-source firmware, strong security.
- Cons: More technical setup process, not very beginner-friendly.
9. Atomic Wallet
Atomic Wallet supports over 300 cryptocurrencies and allows in-app token swaps. It’s available on desktop and mobile and supports manual MELON token additions.
- Pros: In-built exchange, staking features, private key control.
- Cons: Closed-source, lacks advanced DeFi access.
10. Exodus
Exodus offers both desktop and mobile apps, with an elegant interface for managing and exchanging a wide range of crypto assets. It also supports hardware wallet integration.
- Pros: Cross-platform, beginner-friendly, good portfolio tracking.
- Cons: Not fully open-source, less focused on DeFi.
Where Can I Store Melon Token (MELON)?
If you’re looking for a modern, secure, and mobile-focused crypto wallet, Walletverse is a top-tier choice. Designed with DeFi users in mind, it supports over 600 coins, including MELON, and offers a seamless experience for purchasing, sending, and managing assets. With advanced security protocols, including biometric authentication and full self-custody, Walletverse ensures your MELON tokens are always under your control.
Melon Token (MELON) stands out in 2025 as a key player in decentralized asset management. Whether you’re investing in DeFi portfolios or participating in protocol governance, owning MELON gives you access to one of the most innovative ecosystems in crypto. Use a secure and reliable wallet like Walletverse to buy and store your tokens with confidence.
FAQ
Most frequent questions and answers
MELON has long-term potential due to its role in decentralized fund management. It may be appealing for those bullish on DeFi infrastructure and DAO-managed portfolios.
You can purchase MELON on decentralized exchanges and store it in Walletverse. The app allows you to buy crypto directly with Apple Pay, Google Pay, or credit/debit cards.
MELON is used to pay execution fees, govern the Enzyme protocol, and participate in asset management activities within the decentralized Enzyme Finance platform.