Merlin Chain MERL
1. Summary
Limited data
- 100% of the Merlin Chain code repositories are forked (originally copied) from another project.
- Price
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$0.09 +0.4%
- Market Cap
- $44.40M (#731)
- Supply
- 360.00M / 2.10B
- Description
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Overview of Merlin Chain
Overview of Merlin Chain
Merlin Chain is a native Bitcoin Layer 2 designed to provide advanced utilization of BTC assets. It is EVM-compatible, allowing seamless interaction with EVM-compatible dApps. The governance token of Merlin Chain is MERL, a BRC-20 token.
Key Features
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EVM Compatibility: Merlin Chain allows users to interact with EVM-compatible dApps without needing an EVM wallet. This is achieved through the integration of Polygon's zkEVM technology and the use of Sequencer nodes and Data Availability Committee (DAC) nodes.
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ZK Rollup: Merlin Chain uses ZK-Rollup to enhance efficiency and scalability. This approach ensures transparency and security through the decentralized Oracle network.
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Native Innovation: Merlin Chain focuses on native Bitcoin innovations, supporting popular Bitcoin protocols such as BRC-20, BRC-420, Bitmap, Atomicals, Pipe, and Stamp. It aims to unlock greater utility for Bitcoin, enhancing its adoption and user base.
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Low Fees and High Scalability: Merlin Chain is designed to provide low fees and high scalability, ensuring swift transaction processing and enhancing transaction liquidity.
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Security: Merlin Chain's approach includes measures to avoid manipulation, such as staking BTC to participate in the Oracle network and penalizing nodes that confirm invalid transactions.
History
Merlin Chain was officially announced in January 2024, followed by the launch of a testnet bridge and the rollout of the mainnet in February 2024. The mainnet launch included a fair launch event that achieved a total value locked (TVL) of over $3.5 billion. It has secured seed round funding from 24 investors, led by notable names in the industry.
Supported Assets and Wallets
Merlin Chain supports a variety of assets, including BTC, BRC-20 tokens, Bitmap, BRC-420, EH, USDT, USDC, and more. Supported wallets include UniSat, OKX, MetaMask, and others.
Use Cases
Merlin Chain aims to bring more users to the Bitcoin ecosystem by allowing users to interact with dApps without needing a Bitcoin wallet and enhancing the utility of Bitcoin-native assets.
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| Price | |
| 52W High price | $1.24 |
| 52W High date | 21st Apr 2024 (9 months ago) |
| All Time High (ATH) Date | 19th Apr 2024 (9 months ago) |
| ATH Price | $1.45 |
| % From ATH | -82.41% |
| All Time Low (ATL) Date | 5th Aug 2024 (6 months ago) |
| ATL Price | $0.17 |
| % From ATL | 50.72% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $11.88M |
| Total Supply | 2.10B |
| Max Supply | 2.10B |
| Circulating Supply | 360.00M |
MERL
How does Merlin Chain's (MERL) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
27.6%
MERL
-0.6%
Similar Market Cap
60 Day Return
6.6%
MERL
8.1%
Similar Market Cap
We're monitoring 12 Merlin Chain GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Merlin Chain Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 0
- Past 12 weeks: 0 commits vs. an average of 4
- Past year: 0 commits vs. an average of 66
Most Active Repos
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Top Developers 2025
In total, 26 developers have contributed to Merlin Chain over the past year. Who are the most active Merlin Chain developers, by commits, over the past year?
Related Projects
Developers working on Merlin Chain also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 125,256 |
| Active Discord Users | 10,773 |
| Telegram Users | 60,663 |
| Twitter followers | 431,535 |
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airdrop.merlinchain.io/notice Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/bridge/third-party-bridge Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking/nf... Official
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docs.merlinchain.io/merlin-docs/user-quick-start/how-to/staking-and-unstaking/unstaking Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://merlinchain.io/ |
|---|---|
| Explorer | https://scan.merlinchain.io/address/0x5c46bff4b38d... |
| @MerlinLayer2 |
What is the correct contract address for Merlin Chain?
| Merlin-chain | 0x5c46bff4b38dc1eae09c5bac65872a1d8bc87378 |
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Has Merlin Chain been audited for security?
No security audits found for this project.
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