Risk Curators · Review
ActiveMEV Capital Review 2026: DeFi Vault Curator and Fund
MEV Capital is a Lithuania-based DeFi asset manager that curates lending vaults and runs yield strategies for institutions and crypto-native users. Its headline numbers are self-reported, and fees are not published.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.5/10
Good
Our verdict on MEV Capital
6.5/10MEV Capital suits institutions and experienced DeFi users who want professionally managed, market-neutral yield and are comfortable relying on a curator's risk decisions. Its strengths are a clear product range, multi-chain reach and a track record dating to 2020. The caveats are unpublished fees, no listed audits, self-reported performance and large gaps between homepage and DefiLlama TVL figures. Read the fund and vault documents before depositing.
Score breakdown
How MEV Capital scores
- Security
- 6.0/10
- Ease of use
- 6.0/10
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is MEV Capital?
MEV Capital is an investment and risk management firm that says it has worked in DeFi since 2020. DefiLlama classes it as a risk curator, and its homepage describes on-chain liquidity and DeFi risk management through yield strategies, vault curation and risk parameter management.
Its services fall into three groups: a digital asset fund for institutions, vault curation services in third-party protocols, and Segregated Managed Accounts for crypto natives. The site lists an office in Vilnius, Lithuania.
DefiLlama tracks it across twelve chains, including Ethereum, Base, Arbitrum, Hyperliquid and Sui, and has listed it since May 2025. DefiLlama shows around $10.1M in TVL, while the homepage claims AuM above $400M and over $1.3B TVL in curated vaults. The difference likely reflects different counting methods, but the project does not explain it.
How MEV Capital works
MEV Capital acts as a curator and manager. In vault curation, it selects the markets and assets and sets risk parameters for vaults that run on permissionless third-party lending protocols. Depositors supply assets to a vault, and the curator allocates them within those limits to earn yield.
For other clients, it offers a digital asset fund and Segregated Managed Accounts. The fund is described as a regulated structure for institutions. In a managed account, a client keeps assets in their own non-custodial setup while MEV Capital manages the DeFi portfolio.
The strategies named on the homepage include liquidity provision, arbitrage, carry trading and recursive borrowing. Its stated aim is consistent, market-neutral yield on mostly stable assets with limited drawdowns.
6 features
Key features
01
Vault curation services
Manages money market, multi-strategy and restaking vaults in permissionless third-party protocols, setting risk parameters for each.
02
Regulated digital asset fund
A fund structure presented as a way for institutions to get exposure to DeFi yield strategies.
03
Segregated Managed Accounts
A non-custodial DeFi portfolio management option described as best suited to crypto natives.
04
Market-neutral yield strategies
Uses liquidity provision, arbitrage, carry trading and recursive borrowing, with a stated focus on market-neutral, highly liquid yield.
05
Multi-asset strategy lines
Offers yield strategies based on BTC, ETH, USD and SOL, with a stable-asset mandate and clear benchmarks.
06
On-chain monitoring
Says it relies on proprietary infrastructure and an on-chain monitoring system to guide risk management.
Pros and cons
What we like
- Clear service lines: vault curation, a digital asset fund and managed accounts.
- Stated track record in DeFi since 2020 and a registered office in Vilnius.
- Broad multi-chain presence across twelve chains tracked by DefiLlama.
- Managed accounts are described as non-custodial.
- Strategies are described with a market-neutral, stable-asset mandate and named benchmarks.
- Public tracking on DefiLlama and Dune is linked from the site.
Watch out for
- No audits are listed on DefiLlama for the project, and its homepage does not point to any.
- Performance figures are self-reported on the homepage and come with a disclaimer that actual results may differ.
- Users of curated vaults depend on a third-party curator's risk decisions in addition to the underlying protocol's smart-contract risk.
- The digital asset fund and managed account products appear aimed at institutions and experienced users, not beginners.
- Management and performance fees are not published in the materials reviewed.
- TVL figures differ between sources: DefiLlama shows about $10.1M while the homepage claims over $1.3B in curated vaults.
MEV Capital fees
MEV Capital does not publish fee levels in the materials reviewed. Curator performance or management fees, fund charges and managed account terms are not stated on its homepage.
Users would normally find vault fee settings in the vault interface of the host protocol, and fund or account fees in offering documents or by contacting the team. Underlying blockchain gas costs also apply to on-chain deposits and withdrawals.
Is MEV Capital safe?
No audits are listed on DefiLlama for MEV Capital. As a curator it does not usually operate the lending protocols itself, so a depositor is exposed to the host protocol's smart-contract risk, the curator's allocation choices, and market risks such as depegs, liquidations and illiquidity.
The homepage says the digital asset fund is a regulated structure, but the regulator and licence are not named publicly. Its disclaimer says the site is not a solicitation, is aimed at people with sufficient investment expertise, and that results may differ from the figures shown. No incidents are mentioned publicly, but absence of mention is not proof of a clean record. Independent due diligence is advisable.
6 steps
How to get started with MEV Capital
- 1
Read the homepage sections on vault curation, the digital asset fund and Segregated Managed Accounts to decide which product fits you.
- 2
Check the curated vaults list and review each vault's underlying protocol, assets and risk parameters.
- 3
Ask for the performance report through the homepage request button and compare it with on-chain data from the linked Dune and DefiLlama pages.
- 4
Confirm fees, lock-ups, eligibility and custody terms with the team before committing funds.
- 5
For vault deposits, connect a wallet to the host protocol's interface and start with an amount you can afford to lose.
- 6
Monitor positions and withdrawal conditions regularly.
Who MEV Capital is for
MEV Capital is for institutions, treasuries and experienced crypto users who want managed exposure to DeFi yield without running strategies themselves. It is less suited to beginners or anyone who cannot accept smart-contract, curator and market risk.
MEV Capital FAQs
What is MEV Capital?
MEV Capital is an investment and risk management firm that has operated in DeFi since 2020. It curates vaults in third-party protocols, runs a digital asset fund and offers segregated managed accounts.
What does a vault curator do?
A vault curator chooses which markets and assets a vault can use and sets risk parameters. Depositors put funds into the vault and the curator manages allocation within those limits, while the underlying protocol holds the funds on-chain.
Does MEV Capital have a token?
No. DefiLlama lists no token for MEV Capital, and none is mentioned on the homepage.
Who can use MEV Capital's products?
The homepage describes the digital asset fund as a regulated structure for institutions and the Segregated Managed Account as a non-custodial option best suited to crypto natives. Vault curation services run in permissionless third-party protocols. Eligibility terms are not detailed.
What returns does MEV Capital advertise?
The homepage shows annualized performance of 8.9% for BTC, 12.9% for ETH, 13.2% for SOL and 23.8% for USDC strategies. These are self-reported, and the site's disclaimer says results may differ from the figures shown and are not a promise of future performance.
Where is MEV Capital based?
The homepage lists an office in Vilnius, Lithuania. The materials reviewed do not name the specific regulator or licence behind the digital asset fund, so check the fund documents before investing.
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How we checked
Sources
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