MERL price today, perpetual futures, funding and news
About 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.
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MERL key insights
MERL key insights
Key insights
- Funding is 0.0050% per 8 hours: longs pay shorts, so holding a long costs money.Perps →
- Open interest $11.8K on MERL/USDC.Perps →
- Long or short with up to 10x from your own wallet — USDC margin stays in a smart-contract vault, with no exchange account.Perps →
- Downtrend: 50-day average below the 200-day; price +22% vs the 50-day, 98% below the all-time high.Price outlook →
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How do you feel about MERL this week?
One vote per browser per day · rolling 7-day count · not advice.
About Merlin Chain (MERL)
About Merlin Chain (MERL)
Merlin Chain (MERL) trades at $0.02337 with a market cap of $32.5M, ranked #633 by market cap. It is not a Solana token, so ZIPMEX lists it as a perpetual future rather than spot: MERL/USDC, long or short with up to 10x, funded with USDC from your own wallet.
MERL trades on centralized exchanges worldwide and on centralized exchanges including HTX, OKX, LBank, Bithumb, PancakeSwap V3 (BSC). ZIPMEX Perps lists MERL/USDC perpetual futures with up to 10x leverage.
MERL contract addresses
MERL contract addresses
MERL on 2 other networks: bridged and wrapped versions
| Network | Contract address | Explorer |
|---|---|---|
| merlin-chain | 0x5c46bff4b38dc1eae09c5bac65872a1d8bc87378 | — |
| Ethereum | 0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9 | open ↗ |
| BNB Chain | 0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9 | open ↗ |
The Solana mint is the native token; other networks list bridged or wrapped versions issued by bridges. Compare the full address before buying.
MERL FAQ
MERL FAQ
What is the total supply of MERL?
1.4B MERL are in circulation out of 2.1B total; the maximum supply is 2.1B.
What is the MERL price today?
MERL trades at $0.02337 (+0.2% over 24 hours, +16.9% over seven days) with a market cap of $32.5M. The price on this page refreshes every minute.
What is the MERL price prediction for 2026?
ZIPMEX does not publish price targets; the MERL price prediction page shows model scenarios rebuilt every day instead. With realized volatility of 91% a year, the one-sigma range for the end of 2026 is $0.01411 to $0.0387, and reaching $0.1 would need a market cap of $139.1M (4.3× today's). Not financial advice.
Can I trade MERL on ZIPMEX?
Yes, as a perpetual future. Merlin Chain lives on its own chain, so there is no MERL spot market on Solana here — you long or short MERL/USDC perps with up to 10x leverage, funded with USDC from your own wallet. No deposit to an exchange account: margin sits in a smart-contract vault.
What is the funding rate on MERL perps?
Funding is settled every 8 hours and is currently 0.0050% per interval (estimated), last paid 0.0043%. A positive rate means longs pay shorts; a negative one means shorts pay longs.
MERL price chart
MERL price chart
Convert
1 MERL = $0.02337 · live price, no fees included
Ranges
MERL price history · last 30 days
| Date | Close | Day |
|---|---|---|
| 2026-09-08 | $0.02337 | -0.7% |
| 2026-09-07 | $0.02333 | +0.2% |
| 2026-09-06 | $0.0232 | +0.8% |
| 2026-09-05 | $0.02315 | -1.8% |
| 2026-09-04 | $0.0237 | -1.2% |
| 2026-09-03 | $0.0242 | +18.7% |
| 2026-09-02 | $0.02034 | -0.0% |
| 2026-09-01 | $0.01999 | -1.5% |
| 2026-08-31 | $0.02035 | +2.1% |
| 2026-08-30 | $0.02049 | -3.9% |
| 2026-08-29 | $0.02139 | -0.5% |
| 2026-08-28 | $0.02135 | -7.7% |
| 2026-08-27 | $0.02375 | +13.3% |
| 2026-08-26 | $0.02043 | +9.1% |
| 2026-08-25 | $0.01887 | -2.4% |
| 2026-08-24 | $0.01945 | +0.3% |
| 2026-08-23 | $0.01949 | +0.2% |
| 2026-08-22 | $0.01949 | -9.9% |
| 2026-08-21 | $0.0217 | +8.7% |
| 2026-08-20 | $0.02035 | +9.4% |
| 2026-08-19 | $0.01841 | +3.5% |
| 2026-08-18 | $0.01778 | -3.5% |
| 2026-08-17 | $0.0185 | -0.9% |
| 2026-08-16 | $0.01852 | +3.2% |
| 2026-08-15 | $0.01816 | +4.2% |
| 2026-08-14 | $0.0174 | -2.7% |
| 2026-08-13 | $0.01787 | -1.6% |
| 2026-08-12 | $0.01808 | -7.8% |
| 2026-08-11 | $0.01979 | +2.5% |
| 2026-08-10 | $0.0188 | +0.0% |
Where MERL trades
Where MERL trades
Where MERL trades
| Venue | Price | 24h volume |
|---|---|---|
| ZIPMEX Perps · 10x | $0.02338 | — |
 HTX | $0.02339 | $648.5K |
 OKX | $0.02337 | $300.0K |
 LBank | $0.02336 | $179.7K |
 Bithumb | $0.02338 | $158.7K |
 PancakeSwap V3 (BSC) | $0.02337 | $102.0K |
 OrangeX | $0.02337 | $92.1K |
 Hibt | $0.02337 | $90.0K |
 MEXC | $0.02338 | $79.6K |
Related Solana tokens
SOL 
JUP 
JTO 
RAY MERL perpetual futures
MERL perpetual futures
MERL / USDC market sheet
| Max leverage | 10x |
| Funding rate (8h) | +0.0050% est. · last +0.0043% |
| Open interest | $11.8K |
| 24h volume | — |
| Mark price | $0.02338 |
| Trading hours | 24/7 |
Why trade MERL perps on ZIPMEX
Long or short with up to 10x, from your own Solana wallet: no deposit to an exchange account, USDC margin stays in a smart-contract vault.
Same order book as one of the deepest perps venues on Solana; take-profit, stop-loss and reduce-only orders included.
No MERL spot market here — the perp is the position, and the funding rate is what it costs to hold it. Positive funding means longs pay shorts every 8 hours.
Long / Short MERLopens the market page
Trade MERL: 10x perps, one wallet
Trade MERL: 10x perps, one wallet
Non-custodial. Your keys, your tokens.