Ask about Merlins Seal
Logo of Merlins SealMerlins Seal(MERL)
Total Value Locked$410.75m

TVL by Chain

Bitcoin$410.75m

Ethereum$0

Arbitrum$0

Zkfair$0

Key Metrics

Market Cap$31.56m

$MERL Price$0.023

All Time High$1.45

All Time Low$0.016

View $MERL token page

$47.64m

$MERL Volume 24h$1.13m

CEX Volume$903,964.97

DEX Volume$224,060.24(19.86% 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

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Category:Bridge

Methodology

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

Competitors

SolvBTC ($493.29m)NEAR Intents ($136.68m)SoDEX Bridge ($67.73m)PumpBTC ($26.56m)Wan Bridge ($6.73m)NerveBridge ($612,495.67)LayerZero V2 ($7.129b)CCIP ($1.745b)Portal ($1.45b)Unit ($697.11m)

Frequently Asked Questions

What is Merlins Seal's TVL?

Merlins Seal currently has $410.75m in total value locked. TVL has increased 20.1% over the past 30 days.

What chains does Merlins Seal operate on?

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

What is the MERL token price and valuation?

MERL is currently trading at $0.023. Its circulating market capitalization is $31.56m, ranking it #817. Its fully diluted valuation is $47.64m. Supply currently stands at 1.391b circulating, 2.1b total supply, 2.1b maximum supply.

How has MERL performed recently?

MERL is down 2.7% over the past 7 days and up 29.8% over the past 30 days. Its all-time high is $1.45, reached on Apr 19, 2024. The token is currently 98.4% 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 $51.409b across 155 protocols, and Merlins Seal accounts for 0.8% of that total. Other leading protocols include SolvBTC, NEAR Intents, SoDEX Bridge, PumpBTC, Wan Bridge, NerveBridge, LayerZero V2, CCIP, Portal, and Unit.