On Binance Square, there is new activity with the token $MITO , which is a utility and governance token in the Mitosis ecosystem and a gas token on the Mitosis Chain.

Mitosis is a protocol that transforms DeFi liquidity positions into programmable components while simultaneously eliminating the fundamental problems of market inefficiency. In existing DeFi systems, when users provide liquidity to protocols, they face two significant limitations. Firstly, their positions become static and illiquid—once assets are reserved, they cannot be effectively used elsewhere. Secondly, the most profitable opportunities remain exclusive to large investors who can enter into private agreements, creating an uneven playing field that reflects the situation in traditional financial systems.

The protocol addresses these issues through a systematic process that makes liquidity both programmable and accessible.

Mitosis (MITO) reached an all-time high of $0.3192 and an all-time low of $0.09428. It is currently trading 33.82% below the maximum and 124.08% above the minimum rate.

@MitosisOrg #Mitosis