Logo of Merlins SealMerlins Seal(MERL)
Total Value Locked$427.87m

TVL by Chain

Bitcoin$427.87m

Ethereum$0

Arbitrum$0

Zkfair$0

Key Metrics

Market Cap$26.99m

$MERL Price$0.019

All Time High$1.45

All Time Low$0.016

View $MERL token page

$40.74m

$MERL Volume 24h$2.34m

CEX Volume$1.82m

DEX Volume$515,256.81(22.04% 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's TVL?

Merlins Seal currently has $427.87m in total value locked. TVL has increased 12.7% 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 $0.019. Its circulating market capitalization is $26.89m, ranking it #885. Its fully diluted valuation is $40.59m. Supply currently stands at 1.391b circulating, 2.1b total supply, 2.1b maximum supply.

How has MERL performed recently?

MERL is up 4.5% over the past 7 days and up 11.8% over the past 30 days. Its all-time high is $1.45, reached on Apr 19, 2024. The token is currently 98.7% 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 $51.921b 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.