Ask about Merlins Seal
Logo of Merlins SealMerlins Seal(MERL)
Total Value Locked$380.12m

TVL by Chain

Bitcoin$380.12m

Arbitrum$0

Ethereum$0

Zkfair$0

Key Metrics

Market Cap$23.25m

$MERL Price$0.017

All Time High$1.45

All Time Low$0.016

View $MERL token page

$36.1m

$MERL Volume 24h$1m

CEX Volume$1.89m

DEX Volume$208,624.95(20.76% of total)

Protocol Information

Merlin's Seal is an event associated with the Merlin Chain, focusing on the fair launch of its governance token, $MERL. Users stake assets to earn M-points, which are then used to determine the distribution of $MERL rewards

Category:Bridge

Methodology

TVL: Staking tokens via BitStable counts as TVLView code on GitHub

Competitors

Frequently Asked Questions

What is Merlins Seal?

Merlin's Seal is an event associated with the Merlin Chain, focusing on the fair launch of its governance token, $MERL. Users stake assets to earn M-points, which are then used to determine the distribution of $MERL rewards

What is Merlins Seal's TVL?

Merlins Seal currently has $380.12m in total value locked. TVL has increased 1.2% over the past 30 days.

What chains does Merlins Seal operate on?

Merlins Seal operates on 4 chains: Arbitrum, Ethereum, Zkfair, and Bitcoin. Bitcoin holds the largest share at 100%.

What is the MERL token price and valuation?

MERL is currently trading at $0.017. Its circulating market capitalization is $23.25m, ranking it #926. Its fully diluted valuation is $36.1m. Supply currently stands at 1.353b circulating, 2.1b total supply, 2.1b maximum supply.

How has MERL performed recently?

MERL is down 1.6% over the past 7 days and down 13.7% over the past 30 days. Its all-time high is $1.45, reached on Apr 19, 2024. The token is currently 98.8% below that level.

How does Merlins Seal's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, Merlins Seal ranks #17 by TVL. The category holds $44.761b across 148 protocols, and Merlins Seal accounts for 0.8% of that total. Other leading protocols include WBTC, LayerZero, and Coinbase Bridge.