Merlin Chain

MERL
Token
Market Signal Market Signal is a price-based 0–100 indicator combining 24-hour to one-year momentum, logarithmic position between the all-time low and high, recency of those milestones, and whether 24-hour volume change confirms the latest price move. It describes current market conditions, not a price forecast.
Neutral

30D -0.4% 98.0% below ATH

Price-based current market conditions indicator with 100 percent data coverage. This is not a price forecast.
$0.031
Updated Data via CoinMarketCap
Market cap The current market value of coins already in circulation.
$44.85M
Token Dominance This asset's share of the Token category's total market capitalization, calculated by dividing its market cap by the combined market cap of assets in its primary CryptoSlate category.
0.0%
Volume (24h) The estimated total value traded across exchanges over the past 24 hours.
$16.77M
Supply The circulating supply compared with the protocol-defined maximum supply.
1.43BMaximum supply: 2.1B
FDV Fully diluted valuation estimates the market value if the project's fully diluted token supply were circulating at the current price.
$65.88M

Merlin Chain price today

Merlin Chain is trading at $0.031 as of , reflecting a change over the past 24 hours. MERL’s market capitalization stands at $44.85M with 0.0% dominance over the total crypto market.

Over the past seven days, Merlin Chain has moved , while the 30-day trend shows a shift. Trading volume over the past 24 hours reached $16.77M, a change from the prior 24 hours.

Merlin Chain is currently 97.97% below its all-time high. Its all-time high was $1.55 on Apr 19, 2024. The total circulating supply is 1.43B MERL of the maximum 2.1B, meaning 68.1% of the maximum supply is in circulation.

Merlin Chain price chart

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Why Merlin Chain is price-neutral

Neutral 52 100% data coverage Market Signal explains the weighted evidence behind the current price-based label. It describes current conditions and is not a price forecast.

Logarithmic historical position weighs on it, while Price momentum across the scored timeframes supports the reading. Together these inputs produce a price-neutral reading rather than a price forecast.

Score drivers

Each bar shows how a formula-weighted input pulls the composite reading below or above its neutral midpoint.
Momentum 55% weight +7 pts
Historical position 20% weight −7 pts
Milestone recency 15% weight −2 pts
Volume confirmation 10% weight +4 pts

Historical position

The current price is placed between the all-time low and high on a logarithmic scale, matching the formula input.
Log scale · formula input Logarithmic placement gives equivalent percentage moves comparable visual distance across the full historical range.

Momentum evidence

These are the price-change horizons used by the Market Signal momentum component.
24H
Up 6.76%
7D
Up 3.40%
30D
Down 0.37%
Highest weight
90D
Up 52.99%
1Y
Down 72.08%

Market context

Not directly scored These supporting values provide context and are not directly included in the displayed signal score.
CEX volume (24h) The estimated centralized-exchange trading volume over the past 24 hours.
$5.98M
DEX volume (24h) The estimated decentralized-exchange trading volume over the past 24 hours.
$10.78M
Total supply The total number of tokens that currently exist, excluding any that have been verifiably burned.
2.1B
How this score is calculated Model v1.0 · Current conditions, not a forecast.

What it measures

The model converts price momentum, logarithmic historical position, milestone recency, and short-term volume confirmation into one 0–100 score. Missing evidence lowers data coverage instead of counting as neutral.

Configured model weights

Momentum
55% weight
Historical position
20% weight
Milestone recency
15% weight
Volume confirmation
10% weight

When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.

How to read it

50 is the neutral midpoint. Scores of 60 or higher are bullish, 40 or lower are bearish, and 41–59 are neutral.

Merlin Chain markets

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Pair
Liquidity shows how easily a token can be bought or sold in a given market pair without materially moving its price. On centralized exchanges, it appears as a Liquidity Score. On decentralized exchanges, it reflects the size of the pair's liquidity pool.
Market details
1
Binance Alpha
MERL/USDT $0.03251 Vol (24h) $12.78K 164
Liquidity
164
2
Binance Alpha
MERL/USDC $0.031786 Best price Vol (24h) $2.52K 1
Liquidity
1
3
PancakeSwap v3 (BSC)
USDC/MERL $0.99976 Vol (24h) $5.34M 462
Liquidity
462
4
OKX Trade MERL
MERL/USDT $0.032567 Vol (24h) $544.75K 395
Liquidity
395
Trade MERL
5
OKX Trade MERL
MERL/USDC $0.032602 Vol (24h) $5.75K 248
Liquidity
248
Trade MERL
6
Bybit Trade MERL
MERL/USDT $0.032677 Vol (24h) $502.84K 313
Liquidity
313
Trade MERL
7
Bitget
MERL/USDT $0.032189 Vol (24h) $10.55K 308
Liquidity
308
8
Gate
MERL/USDT $0.032607 Vol (24h) $27.42K 321
Liquidity
321
9
KuCoin Trade MERL
MERL/USDT $0.032518 Vol (24h) $10.65K 222
Liquidity
222
Trade MERL
10
MEXC
MERL/USDT $0.032587 Vol (24h) $65.55K 377
Liquidity
377
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MERL price converter

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About Merlin Chain

Merlin Chain operates as a Layer 2 solution for Bitcoin, integrating key elements such as ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the Bitcoin chain. Its core aim is to enhance the native assets, protocols, and application ecosystem of Bitcoin Layer 1, fostering continuous innovation and maximizing asset potential on Layer 2 networks. The native token of Merlin Chain, MERL, serves various purposes:

Staking

Staking MERL contributes to the overall security of Merlin Chain.

Collator Delegation

MERL holders can choose to delegate their holdings to collators or stake MERL to operate their collators and secure the network.

Network Fees

MERL can be utilized within Merlin L3 to pay transaction fees.

Native Liquidity & Collateral

MERL tokens are integral to the Merlin ecosystem, providing native liquidity and collateral.

Total Supply

Merlin Chain will have a total supply of 2,100,000,000 MERL at genesis, distributed among the public, Merlin Eco, early supporters, and initial core contributors.

Founder

Merlin Chain is a product line of Bitmap Tech (formerly RCSV), founded by Jeff. Prior to Bitmap Tech, Jeff was an entrepreneur in the Web2 industry, securing funding from prominent entities like Sequoia Capital, IDG Capital, BAI Capital, 5Y Capital, and Vitalbridge. His foray into the Web3 domain began in 2023, inspired by Ordinals and the BTC ecosystem.

Categories
Token Governance Layer 2 BRC-20

Merlin Chain technical details

Circulating Supply 1,429,811,256
Total Supply 2,100,000,000
Max Supply 2,100,000,000

Merlin Chain FAQs

What is the price of Merlin Chain today?

As of Nov 9, 2026, Merlin Chain trades at $0.031.

What is the market cap of Merlin Chain?

Merlin Chain has a market capitalization of $44,854,022.78.

What is the 24-hour trading volume of Merlin Chain?

Merlin Chain has a 24-hour trading volume of $16,766,816.76.

What is the all-time high of Merlin Chain?

Merlin Chain reached an all-time high of $1.55, recorded on Apr 19, 2024. It is currently 97.97% below its all-time high.

What is the all-time low of Merlin Chain?

Merlin Chain recorded an all-time low of $0.016, recorded on Jun 25, 2026. It is currently 96.48% above its all-time low.

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Ownership & affiliation

Pricing data is provided by CoinMarketCap; charts by TradingView. Profile information is collected and maintained by CryptoSlate for informational purposes. Branding belongs to its respective owners. CryptoSlate has no affiliation with Merlin Chain.