$MERL is the native cryptocurrency token of the Merlin Chain ecosystem — a Layer-2 scaling solution built on the Bitcoin network. The goal of Merlin Chain is to make Bitcoin more scalable, faster and cheaper by using technologies like ZK-Rollups, decentralized oracles and fraud-proof systems.
📌 Key Uses of $MERL
Governance: Holders can vote on proposals that shape the protocol’s future.
Staking & Network Security: You can stake MERL to help secure the network or delegate it to validators (collators).
Transaction Fees: MERL is used for paying certain fees within the Merlin ecosystem.
Liquidity & Collateral: It can act as liquidity or collateral inside the network’s decentralized finance (DeFi) applications.
💰 Tokenomics
Total Supply: 2,100,000,000 MERL.
It was launched in April 2024 and is built to support the growth of the Merlin Chain ecosystem.
📊 Price & Market Info
MERL is traded on various exchanges like OKX, KuCoin, Gate.io, Bitget, and others. Its price, market cap, and trading volume fluctuate like most crypto assets.
⚠️ Notes Before Investing
Crypto markets are volatile — prices can rise or fall quickly.
Research any token’s utility, partnerships, and long-term roadmap.
Verify you’re trading on official and reputable exchanges.