Mero is a defunct Ethereum DeFi protocol that offered reactive liquidity and yield aggregation under the former name Backd. Mero's Twitter Score is 13 out of 1000 as of July 2026, ranking #80,582 among 531,432 tracked accounts.
Mero launched its mainnet on Ethereum in March 2022 with yield-aggregating liquidity pools, then rebranded from Backd to Mero in July 2022. The protocol allowed users to set autonomous repayment conditions on Aave and Compound loans through a feature called Actions, enabling positions to be managed without manual intervention. In December 2022, the team publicly stated that no governance token existed and cautioned users against scams circulating at the time.
Mero raised over $3.5 million in a funding round completed in June 2022, led by Advanced Blockchain AG, with participation from Spartan Group, Maven 11 Capital, Struck Crypto, Apollo Capital, and Divergence Ventures. The protocol officially shut down on July 4, 2024, with its front end deprecated and new deposits disabled. Users retained the ability to withdraw funds through mero.finance until January 1, 2025, after which withdrawals remained accessible only through the underlying protocol contracts. Mero has 4,410 followers as of July 2026 and 211 posts on the platform, and has been mentioned by 12 accounts a total of 16 times.
Who follows Mero on X?
The accounts that follow Mero include 45 founders, 22 angel investors, 33 influencers and 3 VCs, among them Tarun Chitra, DeFi Dad defidad.eth, mikedemarais.eth, DCF GOD, Zmanian and The Rollup.