Merlin Chain price

in USD
$0.1201
-$0.0053 (-4.23%)
USD
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Market cap
$113.37M #169
Circulating supply
942.4M / 2.1B
All-time high
$1.780
24h volume
$21.72M
4.1 / 5
MERLMERL
USDUSD

About Merlin Chain

MERL is a cryptocurrency designed to power a decentralized ecosystem that prioritizes transparency, efficiency, and user empowerment. Built on blockchain technology, MERL enables secure and fast transactions without relying on traditional intermediaries like banks. Its primary purpose is to support a range of applications, from decentralized finance (DeFi) tools to innovative digital services, making it a versatile asset within its network. Users can utilize MERL for activities such as staking, governance participation, or accessing exclusive features within its ecosystem. By combining cutting-edge technology with practical use cases, MERL aims to create a more inclusive and accessible financial future. Whether you're new to crypto or exploring its potential, MERL offers a gateway to understanding the benefits of blockchain innovation.
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Merlin Chain’s price performance

Past year
-50.21%
$0.24
3 months
+0.88%
$0.12
30 days
-0.72%
$0.12
7 days
+6.38%
$0.11
56%
Buying
Updated hourly.
More people are buying MERL than selling on OKX

Merlin Chain on socials

ChainCatcher 链捕手
ChainCatcher 链捕手
Quack AI has surpassed 2 million users and completed $3.6 million in financing, creating a new infrastructure for Web3 AI governance
In the decentralized world, governance has always been a tricky problem. Problems such as complex and difficult to understand proposals, lengthy and inefficient voting processes, etc., have led to a long-term low overall governance participation rate, and most token holders lack a sense of participation. As the Web3 ecosystem accelerates and real-world assets (RWAs) are gradually coming to the chain, this issue becomes more prominent - communities and institutions urgently need a smarter, more compliant, and more efficient governance system. Quack AI was born in this context. As the native AI governance layer of Web3, Quack AI is committed to making governance no longer a game for a few but a link that every user can easily participate in. The number of users exceeded 2 million, and the ecological integration was 40+ Currently, Quack AI has exceeded 2 million global users, is supported by more than ten public chains such as BNB Chain, Polygon, Base, Linea, and Monad, and more than 40 well-known projects have adopted its governance framework. Several projects such as cross-chain bridges Owlto Finance and oooo, ZK computing layer Zypher Network, RWA platform LiveArt, and music platform Fireverse have all launched proposals and participated in voting on the Quack AI platform. Relying on the automated analysis and execution capabilities of AI agents, Quack AI is gradually becoming an indispensable intelligent engine in the governance process. Governance Pass: Turning "Passive Wallets" into "Active Governance" At the heart of Quack AI's innovation lies in the Governance Passport. Through this on-chain identity, users can not only participate in governance but also receive incentives and priority benefits: AI Agent Voting: Users only need to set their preferences, and Quack AI intelligent agents can analyze and transparently vote on multiple chains. In the future, users can also create their own AI digital twins to accurately map personal preferences and decision-making styles. Incentives and Growth: Governance actions can be rewarded with points and unlock long-term benefits. Feature-First Experience: Passport holders will have priority access to ecosystem integrations and advanced governance modules. AI-empowered governance paradigm: a transparent, efficient, and continuous governance experience In a decentralized world, governance is no longer just a cumbersome process. Quack AI is bringing a more efficient and transparent governance experience to the community through intelligent agents: Proposal Intelligent Parsing: AI automatically interprets disclosure documents, on-chain data, and governance forum content, transforming complex information into clear and actionable insights. Continuous Governance Participation: Even if individuals are offline, community governance entrusted to AI agents can still operate efficiently, ensuring that the decision-making process is not interrupted. Auditable Records: All votes and proposals are fully recorded and exported, providing transparency and accountability for governance processes. Expanding to RWA: The new standard of compliance and transparency In the real-world asset (RWA) space, disclosure, compliance, and investor rights are paramount. Therefore, Quack AI is planning to extend its governance infrastructure to the RWA market, providing a more transparent and efficient governance solution for the tokenization of real-world assets. In the future roadmap, Quack AI will gradually implement: Issuer automation governance to improve governance efficiency and compliance execution; AI-driven risk assessment to provide intelligent support for investment decisions; Compliance on-chain records to meet the core needs of audit and supervision. Quack AI introduces a real-world trust cornerstone to on-chain governance by on-chain legal agreements, audit processes, and credentials. Build a compliant and trustworthy infrastructure in the trillion-dollar emerging RWA market. Financing & Vision Quack AI has currently completed $3.6 million in financing, with investors including Animoca Brands, Kenetic Capital, Skyland VC, Scaling Labs, 071 Labs, and ecosystem partners CARV Labs and Merlin Chain. This round of financing will help Quack AI accelerate its deployment in the RWA space while further consolidating its position as the core governance infrastructure of decentralized protocols. Quack AI CBO Rix said, "Web3 governance often becomes inefficient because it is too complex and time-consuming. We want to make governance proactive, intelligent, and auditable with AI. Next, we will introduce AI governance to RWA to help the market become more compliant and transparent. ” epilogue From on-chain protocols to real-world assets, from community DAOs to institutional investments, Quack AI is redefining the boundaries of governance. It is worth paying attention to whether it can use AI-driven governance infrastructure to promote decentralization in more scenarios.
Merlin Chain
Merlin Chain
₿eyond the Horizon
Merlin Chain
Merlin Chain
🚀 Another big step for BTCfi on @SuiNetwork! Thrilled to see $MBTC live on @navi_protocol ⚡️ Together, we’re unlocking real yield and utility for Bitcoin in DeFi. This is just the beginning—Bitcoin is going places 🪄🟣
NAVI Protocol
NAVI Protocol
New LP Listing Navigators, $MBTC is now listed on NAVI! Let’s bring Bitcoin into the modern DeFi world with @MerlinLayer2 Initial Pool Parameters: 🔹 Max Cap: 100 🔹 Max LTV: 50% 🔹 Liquidation Threshold: 60%

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Merlin Chain FAQ

Currently, one Merlin Chain is worth $0.1201. For answers and insight into Merlin Chain's price action, you're in the right place. Explore the latest Merlin Chain charts and trade responsibly with OKX.
Cryptocurrencies, such as Merlin Chain, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Merlin Chain have been created as well.
Check out our Merlin Chain price prediction page to forecast future prices and determine your price targets.

Dive deeper into Merlin Chain

Merlin Chain represents a Layer 2 network developed to extend the capabilities of Bitcoin by incorporating advanced technologies such as ZK-Rollup, decentralized oracle networks, Data Availability, and BTC fraud proof modules. This platform is dedicated to boosting Bitcoin’s utility and interaction by enhancing assets, protocols, and products originally established on Bitcoin’s Layer 1.

Merlin Chain uses zero-knowledge proofs to verify commitments on the Bitcoin blockchain, facilitating a mechanism where disputes are resolved securely and transparently. This approach not only strengthens the security but also increases the efficiency of the network, making it a reliable environment for its users.

The vision of Merlin Chain is to bridge the innovations of Bitcoin from Layer 1 to Layer 2. This encompasses backing a variety of Bitcoin Layer 1 assets, developing decentralized applications that embody the ’fully on-chain’ ethos of Bitcoin. Additionally, it focuses on a community-driven approach to asset launches and is working towards compatibility with Ethereum Virtual Machine (EVM) to broaden Bitcoin’s application scope.

Launched in February 2024, Merlin Chain has quickly established itself as a leading Layer 2 network with over $3.6 billion Total value locked (TVL) and a diverse range of DApps spanning DeFi, gaming, and social platforms. The network also introduces $MERL, a native token integral to governing and securing the ecosystem, marking a significant step in its evolution.

How does Merlin work?

Merlin Chain leverages advanced blockchain technologies, rooted in Polygon’s ZK technology, to enhance Bitcoin’s functionality and scalability. This Layer 2 solution integrates a decentralized oracle network for data availability, supported by Celestia, and utilizes Lumoz’s decentralized computing for zero-knowledge proof (ZKP) computations. Merlin’s architecture allows for the processing of transactions via ZK Rollups, offering benefits such as heightened security by inheriting Bitcoin’s robust consensus mechanism while improving scalability through batch processing on Layer 2. The system supports EVM-compatible smart contracts, enhancing interoperability with existing blockchain ecosystems.

Additionally, Merlin Chain optimizes transaction costs by employing ZK proofs and zkSNARKs to minimize data storage on Layer 1, leading to lower fees and higher throughput. The zkProver component within Merlin executes complex mathematical operations, ensuring all transactions are verified under stringent security standards before being confirmed on the network, promoting a secure, efficient, and economically scalable blockchain environment.

MERL Prices and Tokenomics

Merlin Chain’s native token is MERL, a BRC-20 token with a fixed supply of 2.1 billion units, underpinning the network’s transactional and governance activities. As a vital cog in the ecosystem, $MERL grants holders participatory power in crucial network decisions and development through a structured governance model.

Engagement in the Merlin ecosystem is multifaceted—holders can stake MERL to bolster the security layer or use the token for transactional purposes across the network. Moreover, MERL facilitates a delegated staking system, empowering token holders to contribute to the network’s operational efficiency. Within the ecosystem, MERL also serves as a key liquidity provider and a form of collateral, ensuring the seamless execution of transactions and supporting the network’s various financial mechanisms.

Token allocation for $MERL is meticulously planned. This involves a phased release strategy designed to maintain a steady flow into the market, fostering growth while managing inflation. The allocation caters to diverse ecosystem needs—from developmental funds to community incentives—encouraging long-term engagement and stability. By integrating these strategic tokenomics with user-centric features, Merlin Chain is geared toward fostering a sustainable and participatory blockchain environment.

Merlin Highlights

  • EVM Compatibility & Efficiency: Merlin Chain excels in providing low transaction fees and enhanced scalability, compatible with Ethereum Virtual Machines (EVMs) for fast and efficient transaction processing.
  • BTC Protocol Support: Supports a range of Bitcoin protocols including BRC20 and BRC420, along with innovative solutions like Bitmap, Atomicals, Pipe, and Stamp, broadening its reach across Bitcoin’s Layer 2.
  • ZK Rollup Implementation: Incorporates ZK-Rollup technology, advancing the efficiency and scalability of the network, with sequencer nodes orchestrating data transfer through decentralized Oracles to promote transparency and bolster security.
  • Layer 2 Native Innovations: Upholds a dedication to equitable launches and community-led developments, ensuring Merlin Chain is at the forefront of introducing native, user-focused solutions on Bitcoin’s Layer 2.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
$113.37M #169
Circulating supply
942.4M / 2.1B
All-time high
$1.780
24h volume
$21.72M
4.1 / 5
MERLMERL
USDUSD
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