Merlin Chain MERL
Rank #548 by market cap
Last 7 days
CM Profile: Merlin Chain
Cryptominium Profile. What we have established, measured and written about MERL, and what we have not.
- Measured
- Selling $100,000 of MERL on BNB Chain returned 2.4% less than the quoted price, on 4 November 2026.
- Its price, recorded by us every day since 19 September 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold MERL. How each part is worked out
What changed
Week to 4 November- Price up 1.5% since 28 October.
- Circulating supply down 31.9% in 30 days, as CoinGecko reports it.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell MERL
Selling $100,000 of MERL returned 2.4% less than the quoted price — Workable. Measured 2026-11-04 on BNB Chain.
What Merlin Chain is
Merlin Chain is described as a Layer 2 solution for Bitcoin, built around ZK-Rollup networks, decentralized oracle networks, and fraud proofs operating alongside the Bitcoin chain. The source states its purpose as enabling native Bitcoin Layer 1 assets, protocols, and applications to function and extend onto Layer 2 infrastructure.
The mechanism combines three parts: a ZK-Rollup network to batch and prove transactions, a decentralized oracle network to relay external data, and fraud proofs as a verification backstop. Together these are meant to let assets that originate on Bitcoin's base layer move onto a faster, cheaper execution layer while still referencing Bitcoin as the settlement chain.
What this page can confirm independently is narrower than the pitch. CoinGecko classifies MERL under several overlapping tags — Smart Contract Platform, BNB Chain Ecosystem, Ethereum Ecosystem, Layer 2, Merlin Chain Ecosystem, Bitcoin Sidechains, SideChain, and OKX Ventures Portfolio — which signals a project that spans multiple chains rather than one cleanly scoped to Bitcoin alone. The token is in fact deployed across three separate networks: Binance Smart Chain, Ethereum, and Merlin Chain itself. That multi-chain footprint means "Bitcoin Layer 2" is only part of the operational picture, and a reader should not assume MERL activity is confined to or secured solely by Bitcoin. The source does not name a founding team, a launch date, or any technical audit, and none is supplied here. No claims about transaction throughput, decentralization of the oracle set, or the actual security guarantees of the fraud-proof system can be verified from the material available — those are engineering claims the source asserts but does not substantiate.
Where MERL lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Merlin Chain data synced 18s ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell MERL.