Ask about Merlins Seal

Logo of Merlins SealMerlins Seal(MERL)

Total Value Locked$459.28m

TVL by Chain

Bitcoin$459.28m

Arbitrum$0

Ethereum$0

Zkfair$0

Key Metrics

Market Cap$59.69m

$MERL Price$0.028

All Time High$1.45

All Time Low$0.016

View $MERL token page

$59.69m

$MERL Volume 24h$3.25m

CEX Volume$2.81m

DEX Volume$593,314.64(18.24% 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

WebsiteX/Twitter
Category:Bridge

Methodology

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

Competitors

SolvBTC ($551.59m)NEAR Intents ($200.57m)SoDEX Bridge ($76.27m)PumpBTC ($29.63m)Wan Bridge ($7.08m)NerveBridge ($2,829.54)LayerZero V2 ($7.696b)CCIP ($1.796b)Portal ($1.784b)Unit ($1.055b)

Frequently Asked Questions

What is Merlins Seal's TVL?

Merlins Seal currently has $459.28m in total value locked. TVL has increased 9.9% over the past 30 days.

What chains does Merlins Seal operate on?

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

What is the MERL token price and valuation?

MERL is currently trading at $0.028. Its circulating market capitalization is $59.69m, ranking it #578. Its fully diluted valuation is $59.69m. Supply currently stands at 2.1b circulating, 2.1b total supply, 2.1b maximum supply.

How has MERL performed recently?

MERL is up 30.6% over the past 7 days and up 52.2% over the past 30 days. Its all-time high is $1.45, reached on Apr 19, 2024. The token is currently 98% 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 $57.314b across 153 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.