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About MEZO
Analysis of 14 Apr 2026MEZO is a Bitcoin economic layer built by Thesis, the team behind tBTC and Keep Network. Launched to mainnet in May 2025 with token generation on April 2, 2026, MEZO enables Bitcoin holders to borrow, lend, and earn yield without selling their BTC.
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The protocol features MUSD, a Bitcoin-backed stablecoin with 1% fixed interest, and a dual-token ve(3,3) model with veBTC for fee claims and veMEZO for boost mechanics. Built on Cosmos SDK with full EVM compatibility (CometBFT consensus), the platform uses tBTC threshold bridge (51-of-100 signers) for trust-minimized Bitcoin custody.
TVL crossed $100M within one week of token launch, with 43,500+ mainnet users. The project raised $21M from Pantera Capital, Multicoin Capital, and Hack VC, and listed on Coinbase, Kraken, KuCoin, and Bitget at launch.
