Key Metrics
Market Cap$23.25m
$MERL Price$0.017
$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 GitHubCompetitors
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.