Mitosis

• Mitosis is a Layer 1 designed to make liquidity movable across chains without repeated bridging.

• Deposits become Hub Assets that can be deployed to strategies on other chains while the position stays represented on Mitosis.

• MITO is the gas, staking and governance token.

• Total supply is 1 billion MITO, with roughly 18% circulating at its August 2025 listing, including a 2% Binance HODLer airdrop; an earlier seed token sale raised $5 million at $0.06 per token.

• Used to secure the chain and govern liquidity allocation.

Pros:

• Treats liquidity fragmentation as the core problem rather than a side effect.

• Positions remain composable while capital is deployed elsewhere.

• Governance directs deployment rather than each user managing it.

Cons:

• Cross-chain deployment concentrates bridge risk in one protocol.

• Governance-directed allocation means depositors trust voters' judgement.

• New chain competing for deposits against established venues.

• Exposure to a protocol built specifically around cross-chain liquidity.

• Composability of deployed positions is a genuine improvement.

• Weigh the bridge and governance dependencies.

• Deposited capital can be deployed to another chain while the position remains usable as collateral on Mitosis.

• Moving liquidity to a better opportunity on another chain means bridging and losing composability where it came from.

• Representing the position centrally lets the capital move without the claim moving.

• Founded by a team operating publicly under pseudonymous and named contributors.

• Backed by Amber Group and Foresight Ventures.

• No public ICO. Distributed through airdrop and ecosystem allocations in 2025.

• Bridge risk is concentrated rather than distributed.

• Governance decisions determine where depositor capital goes.

• Early-stage chain with limited track record.

• Deposits are incentive-sensitive.