Price
- 1D1D
- 7D7D
- 1M1M
- 3M3M
- YTDYTD
- 1Y1Y
- AllAll
—24h
High—Low—
1h
+0.22%
4h
+1.97%
24h
+4.39%
7D
+6.15%
30D
+11.19%
90D
+69.63%
YTD
−89.29%
1Y
−90.79%
MERL Price Chart
Merlin Chain live price chart, performance across timeframes, and key levels derived from liquidation and order book data.
Why is Merlin Chain up today?
Generated automatically from the past 24 hours of futures and spot data. Not investment advice.
MERL is up 4.39% over the past 24 hours at $0.03164. Over the same period: Open interest down 0.64%, mostly shorts closing.
24h LiquidationsTwo-sided
$15.17KLongs 44%
Long and short liquidations are close
Open InterestShort Covering
−0.64%$9.81M
Price up, positions down: mostly shorts closing
Funding RateNeutral
0.0100%10.9% annualized
0.0100% base
MERL Markets: Futures & Spot Pairs?
- FuturesFutures
- SpotSpot
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MERL at a Glance
Recent MERL Prices
Daily MERL candles for the last 0 days (each day starts at 00:00 UTC).
MERL/USD DailyBinance MERLUSDT
All historical data| Date | Open | High | Low | Close | Change | Volume |
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More MERL Data
More MERL data pages on CoinGlass: futures, flows, ETFs and options.
About Merlin Chain (MERL)
Data updated 2026-11-14 14:14 (UTC+8)
Merlin Chain Price Today
As of 2026-11-14 14:14, Merlin Chain (MERL) is trading at $0.03164, up 4.39% over the past 24 hours, with a 24-hour range of $0.02992 to $0.03191; it is up 6.15% over the past 7 days. Merlin Chain, ranked #359 among cryptocurrencies, has a market cap of about $45.36M and a circulating supply of about 1.43B MERL, 68.1% of its 2B max supply. Its all-time high is $0.9234 (2024-04-25), and the current price is 96.6% lower than that high.
MERL Futures Market Overview
Over the past 24 hours, MERL futures volume was $12.57M and spot volume was $1.99M, putting futures volume at about 6.3× spot. Total MERL futures open interest is $9.81M, up 3.72% over 24 hours, and the OI-to-market-cap ratio is 21.62%. The OI-weighted funding rate is 0.0100% (about 10.95% annualized), near the 0.01% baseline; over the past 24 hours, tracked MERL futures liquidations totaled $15.17K, including $6.68K in longs and $8.49K in shorts.
What Is Merlin Chain (MERL)?
Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the Bitcoin chain. Its primary objective is to empower the native assets, protocols, and application ecosystem of Bitcoin Layer 1, facilitating ongoing innovation and maximizing asset potential on Layer 2 networks. MERL is the native token of Merlin Chain which is used for: Staking: Staking $MERL contributes to the overall security of Merlin Chain. Collator Delegation: $MERL holders have the option to delegate their holdings with collators or stake $MERL to run their collators to secure the network. Network Fees: Merlin L3 has the option to use $MERL to pay transaction fees. Native Liquidity & Collateral: $MERL token can be used in the Merlin ecosystem to serve as native liquidity and collateral.
How to Read MERL Open Interest, Funding Rates and Long/Short Ratios
Open interest is the total value of futures contracts that are still open. If price rises while open interest grows, it is usually mostly new longs; if price rises while open interest falls, it is mostly shorts closing. The funding rate is a fee exchanged periodically between longs and shorts to keep perpetual futures prices close to spot. When it is positive, longs pay shorts. The long/short ratio reflects the balance between longs and shorts. Common types include the taker buy/sell ratio, accounts long/short ratio, top trader long/short ratio (accounts) and top trader long/short ratio (positions); because each is calculated differently, they can't be compared directly. Read it alongside funding rates and open interest, since on its own it is easy to misread.
Merlin Chain Price FAQ
Common questions about Merlin Chain (MERL): Price, Futures Data.
Price & Basics
How much is Merlin Chain right now? What is the price of 1 MERL today?
As of 2026-11-14 14:14 (UTC+8), 1 MERL is priced at $0.03164, up 4.39% over the past 24 hours, with a 24-hour range of $0.02992 to $0.03191.
What is the Merlin Chain all-time high? When was it set?
MERL All-Time High (price data since 2024-04-24): $0.9234, set on 2024-04-25. The current price is 96.6% lower than that. See Price History for the full record.
What is the Merlin Chain market cap and rank?
Merlin Chain (MERL) has a circulating market cap of about $45.36M, ranking #359 among all cryptocurrencies; fully diluted valuation is about $66.44M. Market cap = current price × circulating supply.
What is the Merlin Chain total and circulating supply?
MERL circulating supply is about 1.43B, with a maximum supply of 2B and 68.1% in circulation.
Is there a Merlin Chain price prediction? Can Merlin Chain go higher?
This page gives no price predictions or trading advice, only data you can check: MERL is at $0.03164, 96.6% lower than its high. For market conditions see technical indicators and Futures Data.
Trading & Markets
How is the Merlin Chain futures market today?
MERL futures open interest is $9.81M (24h +3.72%), the OI-weighted funding rate is 0.0100%, and 24-hour liquidations are $15.17K (longs $6.68K, shorts $8.49K). See Futures Data for each exchange.
Where does this page's data come from? How often does it update?
Price is the latest trade on major exchanges; open interest, funding and liquidations are aggregated from 30+ exchanges including Binance, OKX, Bybit and CME; long/short ratios are shown per exchange. The page refreshes every 15 seconds.
Data on this page is for reference only and is not investment advice. Futures trading is high risk; use leverage with caution.
