Market cap$2.96T+0.8%
Volume 24h$115.6B
BTC dominance58.5%
USDT.D7.01%-0.01
Fear & Greed70 · greed +5
Terminal
Coins Merlin Chain

Merlin Chain (MERL) price

#398
Merlin Chain (MERL) is a layer-2 network and bitcoin layer-2. It is a project with Chinese…
$0.0319
+0.20% (24h)
Add to portfolio

About the project

Merlin Chain (MERL) is a layer-2 network and bitcoin layer-2. It is a project with Chinese roots.

It lives in the Merlin Chain ecosystem. In the Bitcoin Layer 2 category it ranks 3rd by market cap of 17 coins.

It is in the portfolio of OKX Ventures.

Merlin Chain overview: price, liquidity and supply

Merlin Chain (MERL) trades at $0.0319 and ranks #398 by market cap ($67.0M). Performance: +0.2% over 24 hours, +14.8% over the week.

Daily trading volume is $2.9M, or 4.4% of market cap: healthy liquidity. The all-time high is $1.45; it has lost 98% of its value since then.

2,100,000,000 MERL are in circulation out of a maximum 2,100,000,000 (100.0%). Almost the entire supply is already on the market.

This summary updates with live market data.

Price chart

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Unlocks & vesting

67.0%unlocked
● Unlocked67.0%
1.41B MERL · $45.6M · 67.0% FDV
● Locked33.0%
692.05M MERL · $22.42M · 33.0% FDV
Fully unlocked in ~561 d
UNLOCK BY ALLOCATION
● Ecosystem514.28M / 840.00M MERL · $10.39M locked
● Merlin’s Seal418.95M / 420.00M MERL · $33.49K locked
● Community213.43M / 348.60M MERL · $4.31M locked
● Private Sale B142.00M / 291.90M MERL · $4.78M locked
● Team21.17M / 88.20M MERL · $2.14M locked
● Advisors48.77M / 63.00M MERL · $453.75K locked
● Private Sale A27.93M / 27.93M MERL
● Public Sale21.00M / 21.00M MERL

Unlock events

19Oct 2026
Unlock 37.71M · 1.80% supply
linear · ≈ $1.22M
in 14d
19Nov 2026
Unlock 37.71M · 1.80% supply
linear · ≈ $1.22M
in 45d
19Dec 2026
Unlock 37.71M · 1.80% supply
linear · ≈ $1.22M
in 75d
19Jan 2027
Unlock 37.71M · 1.80% supply
linear · ≈ $1.22M
in 106d
19Feb 2027
Unlock 37.71M · 1.80% supply
linear · ≈ $1.22M
in 137d
19Mar 2027
Unlock 37.71M · 1.80% supply
linear · ≈ $1.22M
in 165d
19Apr 2027
Unlock 37.71M · 1.80% supply
linear · ≈ $1.22M
in 196d
19May 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 226d
19Jun 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 257d
19Jul 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 287d
19Aug 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 318d
19Sep 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 349d
19Oct 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 379d
19Nov 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 410d
19Dec 2027
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 440d
19Jan 2028
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 471d
19Feb 2028
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 502d
19Mar 2028
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 531d
19Apr 2028
Unlock 35.67M · 1.70% supply
linear · ≈ $1.16M
in 562d

Frequently asked questions

How much is 1 MERL in US dollars?

1 Merlin Chain is worth about $0.0318975, +0.20% over 24 hours. The price updates every few minutes from exchange data.

How much is 1 MERL in euros?

About €0.0283533, converted from the dollar price at the current exchange rate.

What is the market cap of Merlin Chain?

$67.02M, ranked #398 among cryptocurrencies.

How many MERL coins are there?

2.1B MERL in circulation out of a maximum of 2.1B.

What is the all-time high of Merlin Chain?

$1.45, the highest price in its trading history.

MERL price in other currencies

1 MERL → USD0.0318975 $
1 MERL → EUR0.0283533 €
1 MERL → GBP0.0241058 £
1 MERL → RUB2.67 ₽
1 MERL → UAH1.44 ₴
1 MERL → INR3.07 ₹
1 MERL → TRY1.57 ₺
1 MERL → BRL0.166586 R$
MERL
=

Key metrics

Market rank#430
FDV rank#484
Blockchain#86
Market cap$67.02M
Fully diluted cap (FDV)$67.02M
Volume 24h$2.94M
Circulating2.1B MERL
Total / max2.1B MERL
Circulating, %100.0%
ATH$1.45
ATL$0.0157

Next unlock

5 rounds
$1.22M
37.71M MERL · 1.80% supply · 2.71% M.Cap
19.10.2026
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