Ask about Merlins Seal
Logo of Merlins SealMerlins Seal(MERL)
Total Value Locked$413.38m

TVL by Chain

Bitcoin$413.38m

Arbitrum$0

Ethereum$0

Zkfair$0

Key Metrics

Market Cap$33.43m

$MERL Price$0.024

All Time High$1.45

All Time Low$0.016

View $MERL token page

$50.47m

$MERL Volume 24h$1.97m

CEX Volume$1.62m

DEX Volume$543,635.94(27.62% 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 ($497.27m)NEAR Intents ($136.81m)SoDEX Bridge ($68.41m)PumpBTC ($26.59m)Wan Bridge ($6.8m)NerveBridge ($617,801.79)LayerZero V2 ($7.164b)CCIP ($1.752b)Portal ($1.482b)Unit ($702.89m)

Frequently Asked Questions

What is Merlins Seal's TVL?

Merlins Seal currently has $413.38m in total value locked. TVL has increased 19.8% 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 $0.024. Its circulating market capitalization is $33.74m, ranking it #788. Its fully diluted valuation is $50.93m. Supply currently stands at 1.391b circulating, 2.1b total supply, 2.1b maximum supply.

How has MERL performed recently?

MERL is up 5.2% over the past 7 days and up 31.1% over the past 30 days. Its all-time high is $1.45, reached on Apr 19, 2024. The token is currently 98.3% 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 $51.786b 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.