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      Merlin ChainMERL

      Rank #269 Token
      Rating: 4.4

      Our aggregate rating is simply the arithmetic average of the ratings from each source. It does not represent the opinion of CoinCarp and does not imply any guarantee on our part as to the merits or suitability of the project. Please use your own judgment when evaluating each token

      Merlin Chain Price (MERL)


      0.00000606 BTC


      Market Cap


      2,184 BTC
      Fully Diluted Market Cap


      12,738 BTC
      Volume 24h


      1,058.73 BTC
      Circulating Supply

      360,000,000 MERL

      Max Supply

      2,100,000,000 MERL

      Total Supply

      2,100,000,000 MERL

      Website, Explorers, Whitepaper
      Layer 2
      Merlin Chain's Logo Merlin Chain MERL

      Merlin Chain (MERL) Chart


      Merlin Chain (MERL) Return On Investment(ROI)

      0.44% 1 H
      -5.07% 24 H
      -6.55% 7 D
      -56.99% 1 Month
      -- 6 Month
      -- 1 Year
      Mineable No
      Issue Price --

      Merlin Chain (MERL) Price Now

      Merlin Chain price today is $0.4135 with a 24-hour trading volume of $72,173,239. MERL price is down -5.07% in the last 24 hours. It has a circulating supply of 360Mil MERL tokens and a max supply of 2.1Bil.
      In order to search for real-time and historical information about Merlin Chain (MERL) blockchain, including data related to blocks, transactions, addresses, and more, you may use Merlin Chain (MERL) block explorers. Here are some of the most popular and useful Merlin Chain (MERL) blockchain explorers out there:

      What Is Merlin Chain(MERL)?

      A Native Bitcoin Layer2 powered by Bitmap Tech, building upon the native assets, protocols, and products on Bitcoin Layer1, to Make Bitcoin Fun Again. Merlin Chain supports bitcoin-native wallets. Empowered by the Particle Network's account abstraction, users can use their bitcoin wallets to seamlessly switch between L1 and L2 . Users can also experience $BTC swaps with other tokens, such as stablecoins, at any time without having to switch to an EVM wallet.

      Merlin Chain aims to expand the native innovation from Bitcoin Layer 1 to Layer 2. This includes supporting all kinds of Bitcoin Layer 1 assets, building dApps with 'fully on chain' spirit of Bitcoin, and community driven assets launching method. Merlin is trying to build a EVM compatible chain for Bitcoin, to unleash the potential of Bitcoin and Ordinals.

      Merlin Chain(MERL) Advantage

      Merlin Chain offers Bitcoin's cutting-edge Zero-Knowledge (ZK) scaling solution with the following advantages:

      • Security: Inherits the security of Bitcoin while providing additional advantages in L2 batch processing scalability.
      • EVM Compatibility: Supports the majority of existing smart contracts, developer tools, and wallets, ensuring seamless interoperability.
      • Low Cost: Utilizes ZK proofs combined with zkSNARK to reduce space consumption in L1, optimizing transaction costs for users.
      • High Performance: Achieves rapid network finality through frequent validity proofs and attains ultimate scalability through recursive STARK.

      How Does Merlin Chain Work?

      Merlin Chain is one of the BTC L2s, being developed by Bitmap Tech (formerly Recursiverse) , the team that built BRC-420 protocols and, and is highly valued by the community due to the team's past successes.


      • The BRC-420 protocol supports the combination/recursion of any file format to form a more complex inscription. 
      • It now has 1000+ developers and 600+ collections, and has been an excellent performer even during the bear market, the price only going up and never falling. Its core asset, the Blue Box, has risen from an inscription cost of $0.15 to an ATH floor price of $26,000.

      • is a fully on-chain, fully decentralized, fair-launch metaverse project. 
      • Its marketcap has risen from $3 million to a ATH floor price of $290 million. With more than 30,000 holders, Bitmap has surpassed the Sandbox as the metaverse asset with the highest number of holders across all blockchains.

      How to claim $MERL?

      Now you can claim $MERL here

      1. Please bind your EVM address (from Metamask) to claim. This is because most CEXs don't accept transfers from AA wallet. DO NOT input your aa address.
      2. 50% will be released on TGE, and 25%/12.5%/6.25%/3.125%/3.125% will be released in next 5 months.
      3. Merlin was launched in Feb, and token is released in April. With 10.5% on TGE for users and 21%+ total in 6 months, this is the BIGGEST fairlaunch for any Layer 2.
      4. Only user's token will be circulating in the market in first 6 months. Teams will have linear vesting after 24 months cliff, and investors are locked for 24-48 months too.
      5. After you claim the $MERL, we will do the airdrop 6-8 am UTC 4/19. 

      $MERL Release Schedule

      $MERL will be distributed over a four-year timeline following the release schedule outlined below, with the allocations for users having no cliff.

      MERL Release Schedule

      Merlin's Seal — 20.00%

      20.00% of MERL total supply will be airdropped Merlin's Seal participants. The event's impressive $3.6 billion TVL, with 91% coming from the Bitcoin native community (including $1.75 billion in BTC and $980 million in BRC-20 assets), highlights the Bitcoin ecosystem's recognition of Merlin Chain. Your unwavering support has been crucial to Merlin Chain's rapid growth and expansion in recent months.

      Check your $MERL

      Release Schedule:

      • 210,000,000 $MERL for the 1st month (at TGE).
      • 105,000,000 $MERL for the 2nd month.
      • 52,500,000 $MERL for the 3rd month.
      • 26,250,000 $MERL for the 4th month.
      • 13,125,000 $MERL for the 5th month.
      • 13,125,000 $MERL for the 6th month.

      Public Sale — 1.00%

      1.00% of $MERL total supply will be allocated for public sale (People's Launchpad).

      Check your $MERL

      Release Schedule:

      • 10,500,000 $MERL for the 1st month (at TGE).
      • 5,250,000 $MERL for the 2nd month.
      • 2,625,000 $MERL for the 3rd month.
      • 1,312,500 $MERL for the 4th month.
      • 656,250 $MERL for the 5th month.
      • 656,250 $MERL for the 6th month.

      Private Sale — 15.23%

      15.23% of $MERL total supply will be allocated for private investors, with two types of release schedule.

      Release Schedule:

      • Type A: 6 months cliff and 18 months vesting.(1.33% of total supply)
      • Type B: 12 months cliff and 36 months vesting.(13.90% of total supply)

      Advisors — 3.00%

      3.00% of $MERL total supply will be allocated for our esteemed advisors. The achievements of Merlin Chain are significantly attributed to the support of these industry leaders.

      Release Schedule:

      • 6 months cliff and 30 months vesting.

      Team — 4.20%

      4.20% of $MERL total supply will be allocated for our dedicated core team, who continuously contribute to the development and growth of Merlin Chain over the past year.

      Release Schedule:

      • 24 months cliff and 24 months vesting.

      Community — 16.57%

      16.57% of $MERL total supply will be allocated as rewards for our supportive community throughout future ecosystem initiatives.

      Release Schedule:

      • No cliff, 48 months vesting.

      Ecosystem — 40.00%

      40.00% of $MERL total supply will be distributed through ecosystem grants and incentives to foster a thriving application landscape on Merlin Chain. By rewarding contributors, builders, and partners, we aim to accelerate the development of innovative applications that leverage the security and prosperity of Bitcoin.

      Release Schedule:

      • No cliff, 48 months vesting.

      Merlin Chain (MERL) Community

      What is Merlin Chain (MERL) Contracts address?

      Merlin Chain FAQ

      The current Merlin Chain usd price is $0.4135. We update the Merlin Chain USD price in real time. Get live prices of Merlin Chain on different cryptocurrency exchanges around the world on Coincarp.

      It depends on your personal risk tolerance and investment goals. Merlin Chain is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
      If you decide to get involved in Merlin Chain investing, you will also need to understand the Merlin Chain project's white paper, team background, tokenomics, and the overall market environment.
      The main ways to get involved in Merlin Chain investing are by participating in Spot trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.

      You can buy Merlin Chain from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Merlin Chain. Cryptocurrency exchanges that currently support Merlin Chain trading include:

      There may be errors in the crypto exchanges listed above. Please check the name, logo and contract address before trading to avoid losses.
      If there is any error, please feedback to us, our email is Please be aware that buying and selling Merlin Chain involves high risks.You should always do your own research and make sure you understand the risks associated with Merlin Chain trading before you begin.

      According to CoinCarp's tracking data, no crypto exchange yet supports Merlin Chain contracts or ETF trading. so you can't short Merlin Chain

      It is impossible to predict what Merlin Chain will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Merlin Chain's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Merlin Chain 5 years from now.

      Merlin Chain's Logo
      Merlin Chain MERL
      USD US Dollar

      MERL Price Statistics

      Merlin Chain Price Today

      Merlin Chain Price


      Price Change24h

      $-0.022084 5.07%

      24h Low / 24h High

      $0.407 / $0.4771

      Trading Volume 24h


      Volume/Market cap (24h)


      Market Dominance


      Market Rank


      Merlin Chain Market Cap

      Market Cap


      Fully Diluted Market Cap


      Merlin Chain Price History

      7d Low / 7d High

      $0.3273 / $0.4771

      30d Low / 30d High

      $0.3273 / $1.11

      90d Low / 90d High

      $0.3273 / $2.18

      52 Week Low / 52 Week High

      $0.3273 / $2.18

      All Time High


      All Time Low


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