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Merlin Chain (MERL)

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Merlin Chain (MERL) live market view covering price, route depth, contract checks, and official references.
$0.038039
-10.07% 24h
Live market data refreshes automatically.
Official websiteTrade viewX live searchWhitepaper
Chain: Merlin ChainLive route: MerlinchainDEX: MerlinswapWatchlist: 9.64K
Smart Contract PlatformBNB Chain EcosystemEthereum EcosystemLayer 2 (L2)Merlin Chain EcosystemBitcoin SidechainsSideChainOKX Ventures PortfolioMade in ChinaGovernanceEthereum (ETH) Token (ERC-20)Binance Coin (BNB) Token (BEP-20)
Official WebsiteX / TwitterWhitepaperDexScreenerCoinGeckoDocsTelegramDiscord
ChartMarketsAboutTokenomicsDetailsCommunityFAQ
Live market board

Merlin Chain price today and trading activity

Markets 8Trend 19Volume/Cap 75.80%Liquidity/Volume 0.01x
Price
$0.038039
Live reference price across public feeds.
24h change
-10.07%
Short-term momentum direction.
Market cap
$47.11M
Reported spot market capitalization.
24h volume
$35.71M
Combined public trading turnover.
Liquidity
$267.87K
Visible DEX liquidity from tracked pools.
24h transactions
167
Buys plus sells on the tracked pair.
7D price chart (USD, CoinGecko)
+46.51%
Low: $0.025535High: $0.047563Last: $0.038032

What is moving price today?

MERL is showing -10.07% over 24 hours, $35.71M in turnover, and $267.87K in visible liquidity.

Where is liquidity deepest?

The strongest visible routes right now for MERL include Bithumb MERL/KRW, Okx MERL/USDT, and Bitvavo MERL/EUR.

What should traders verify?

Verify the Merlin Chain contract path, compare DEX versus CEX routing, and confirm docs before treating MERL as executable.

How much public attention exists?

Current public attention indicators show 9.64K watchlist users, 0 developer stars, and 77% composite confidence.

Where to buy Merlin Chain (MERL)

Venue data pulled from live DEX routes, exchange market feeds, and public aggregators.
Observed venues: 8 Primary chain: Merlin Chain

To buy Merlin Chain, start with a venue like Bithumb that currently lists MERL/KRW. Create an account, complete any required verification, deposit KRW or another supported account funding method, and open the MERL/KRW market. Before placing an order, compare price, volume, liquidity, and route quality across the live venues shown below.

VenuePairTypePrice24h VolumeLiquidityLink
Bithumb
trust: Low
MERL/KRWSpot$0.038072$15.31MNot disclosedOpen
Okx
trust: Medium
MERL/USDTSpot$0.037915$5.18MNot disclosedOpen
Bitvavo
trust: High
MERL/EURSpot$0.037907$1.30MNot disclosedTracked
Xt
trust: Low
MERL/USDTSpot$0.037985$2.33MNot disclosedTracked
Bybit (Spot)
trust: No Data
MERL/USDTSpot$0.037995$2.21MNot disclosedOpen
Bitget
trust: High
MERL/USDTSpot$0.037895$860.06KNot disclosedTracked
Htx
trust: Low
MERL/USDTSpot$0.037915$1.71MNot disclosedOpen
Bitmart
trust: Medium
MERL/USDTSpot$0.037815$993.37KNot disclosedOpen
Spot
Bithumb MERL/KRW
trust: Low
Open market
Price
$0.038072
24h volume
$15.31M
Liquidity
Not disclosed
Spot
Okx MERL/USDT
trust: Medium
Open market
Price
$0.037915
24h volume
$5.18M
Liquidity
Not disclosed
Spot
Bitvavo MERL/EUR
trust: High
Price
$0.037907
24h volume
$1.30M
Liquidity
Not disclosed
Spot
Xt MERL/USDT
trust: Low
Price
$0.037985
24h volume
$2.33M
Liquidity
Not disclosed
Spot
Bybit (Spot) MERL/USDT
trust: No Data
Open market
Price
$0.037995
24h volume
$2.21M
Liquidity
Not disclosed
Spot
Bitget MERL/USDT
trust: High
Price
$0.037895
24h volume
$860.06K
Liquidity
Not disclosed
Spot
Htx MERL/USDT
trust: Low
Open market
Price
$0.037915
24h volume
$1.71M
Liquidity
Not disclosed
Spot
Bitmart MERL/USDT
trust: Medium
Open market
Price
$0.037815
24h volume
$993.37K
Liquidity
Not disclosed

What is Merlin Chain (MERL)?

Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, distributed oracle networks, and fraud proofs within the Bitcoin chain. Its primary objective is to empower the native assets, protocols, and application network ecosystem of Bitcoin Layer 1, facilitating ongoing innovation and maximizing asset potential on Layer 2 networks.

Merlin Chain (MERL) is a distributed blockchain platform built to facilitate secure and efficient data exchange and transactions through on-chain contracts. It is built to enhance the interoperability of various blockchain technologies while providing users with a scalable and user-friendly environment. Latest snapshot shows market cap near $47,113,898, 24h volume around $35,710,327, 24h change down 10.07%. DexBrief is currently monitoring a live market route on Merlinchain via Merlinswap. DexBrief is currently blending 3 public market feeds for this market snapshot.

Public metadata currently describes Merlin Chain as a token. Contract references point to Merlin Chain as the primary asset platform. Project references place Merlin Chain on Merlin Chain. Market data providers usually group Merlin Chain with Smart Contract Platform, BNB Chain Ecosystem, and Ethereum Ecosystem. Cross-chain contract listings currently include Merlin Chain, Ethereum, BNB Chain.

Public metadata currently describes Merlin Chain as a token. Project identity references currently place Merlin Chain on Merlin Chain.

What to watch right now

Market-structure ratios currently read volume-to-market-cap at 75.80% and liquidity-to-volume at 0.01x. Roughly 167 transactions have been tracked across the last 24 hours.

  • Merlin Chain is trading at $0.038039 with -10.07% over the last 24 hours.
  • Current market cap is $47.11M and 24h volume is $35.71M.
  • Liquidity sits near $267.87K with around 167 tracked transactions in the same window.
  • Fully diluted valuation is currently $78.79M, which is 1.67x of the live market cap.
  • 13 live venue routes are currently visible for MERL.

MERL tokenomics and valuation

Circulating supply
1.24B
59% of max supply
Total supply
2.10B
Reported minted or outstanding supply
Max supply
2.10B
Configured ceiling if publicly reported
Fully diluted value
$78.79M
1.67x of current market cap
All-time high
$1.45
2024-04-19 | 97.4% below ATH
All-time low
$0.021303
2026-04-03 | 78.6% above ATL

Current valuation stands near $47.11M market cap versus $78.79M fully diluted value (1.67x of spot market cap). Reported circulating supply is 1.24B against a stated max supply of 2.10B (59% circulating). Historical range currently shows all-time high $1.45 on 2024-04-19 and all-time low $0.021303 on 2026-04-03.

Verify token and pair addresses first, compare DEX and CEX depth when both are available, and use official docs, explorers, and code references to confirm the market setup around MERL.

Volume/Cap: 75.80%Liquidity/Volume: 0.01xFDV/Cap: 1.67xTrend score: 19

MERL contract and chain details

Cross-check contract paths, venue routing, and official surfaces without forcing everything into one oversized reference card.

Project identity

Project type
token
Status
Active
Tracked categories
Smart Contract Platform, BNB Chain Ecosystem, Ethereum Ecosystem, Layer 2 (L2), Merlin Chain Ecosystem, Bitcoin Sidechains

Market access

Primary chain
Merlin Chain
Observed trading route
Merlinchain
Asset platform
Merlin Chain
DEX venue
Merlinswap
CEX reference pair
MERL USDT
CoinGecko ID
merlin chain
CoinPaprika ID
merl merlin chain

Official resources

Website
Official Website
merlinchain.io
X / Twitter
X / Twitter
x.com
Whitepaper
Whitepaper
docs.merlinchain.io
Market page
DexScreener
dexscreener.com
Market page
CoinGecko
www.coingecko.com
Website
Docs
docs.merlinchain.io
Telegram
Telegram
t.me
Discord
Discord
discord.gg
Explorer
scan.merlinchain.io
Discord
discord.com

Contract reference tables

Tracked contracts by chain
Tracked contract
Merlin Chain
Contract
0x5c46bff4b38dc1eae09c5bac65872a1d8bc87378
Decimals 18
Tracked contract
Ethereum
Contract
0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9
Decimals 18
Tracked contract
Binance Smart Chain
Contract
0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9
Decimals 18
External contract references
External reference
Ethereum
Type Erc20
Contract
0x0f3a12b78fee11ee088e454a0547bdbc5a253a6d
External reference
Bnb Bnb
Type Bep20
Contract
0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9

MERL community and development signals

Community, development, and sentiment reads are split into smaller cards so the section can pack naturally instead of leaving dead space.

Community footprint

Watchlist users
9.64K
Reddit subscribers
0
Telegram members
39.65K
Community visibility currently shows 9.64K watchlist users, 0 Reddit subscribers, and 39.65K Telegram members.

Development footprint

GitHub stars
0
GitHub forks
0
Repository subscribers
0
Recent commits
0
Merged PRs
0
PR contributors
0
Developer activity references show 0 stars, 0 forks, 0 recent commits, 0 PR contributors, and 0 merged pull requests.

Sentiment and attention

Composite status
Neutral
Bullish share
53%
Bearish share
47%
Confidence
77%
Signal score
+0.07
Positive vote ratio
75%
Negative vote ratio
25%

Frequently asked questions about MERL

What is the current price of Merlin Chain (MERL)?
Merlin Chain (MERL) is currently trading near $0.038039 with -10.07% over the last 24 hours.
Where can I buy Merlin Chain (MERL)?
Current trading routes for MERL include Bithumb MERL/KRW, Okx MERL/USDT, and Bitvavo MERL/EUR with visible liquidity near $267.87K.
What contract address is tracked for MERL?
Primary chain references place MERL on Merlin Chain. The current live trading route resolves on Merlinchain. The tracked token address is 0x5c46bFF4B38dc1EAE09C5BAc65872a1D8bc87378. The tracked pair address is 0x2426191006F378BF33445f87938d355096eE2e8C.
What is MERL's market cap and trading volume?
MERL's current market cap is $47.11M with $35.71M in 24-hour trading volume and a volume-to-market-cap ratio of 75.80%.
Is MERL bullish or bearish right now?
The composite signal currently reads neutral for MERL with a 53% bullish versus 47% bearish split at 77% confidence.

How to evaluate Merlin Chain (MERL)

Treat this MERL page as a research starting point. Confirm contracts, liquidity depth, valuation context, official docs, and development signals before treating the asset as investable.

  • Verify contract addresses against the official website or explorer before bridging or trading.
  • Use liquidity metrics (0.01x) and turnover ratios (75.80%) together when judging execution quality.
  • Compare DEX data with centralized exchange references when both exist, especially during sharp moves.
  • Read the whitepaper or docs to confirm token utility, issuance, and governance claims.
  • Review public source-code links and contributor depth when technical transparency matters.

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