Merlin Chain — Live Price, Open Interest & Funding
#598 MERL
$0.0268938
-2.17%
Merlin Chain (MERL) is a blockchain cryptocurrency ranked #598 by market capitalisation. It is currently trading at $0.0268938, down 2.17% over the last 24 hours. The 24-hour range has stretched from $0.0264487 to $0.0320953. 24-hour volume reached 1.1B MERL (~$29.21M), with total turnover of $29.15M. Open interest on perpetual futures sits at 323M MERL ($8.69M), reflecting the size of leveraged positions still open. Average funding rate across 7 exchanges is -0.0147%, with shorts paying longs — typically a sign of bearish positioning. Market capitalisation is $34.30M, with a circulating supply of 1.3B MERL out of a maximum of 2.1B MERL. Merlin Chain launched in 2024. Live data is aggregated from 9 major exchanges including Binance, Bybit, OKX.
14
screener signals on MERL in last 24h
4 price · 10 OI
MERL
BTC
INDEXED · % CHANGE FROM WINDOW START
Fully diluted market cap
$34.30M
Volume 24h
1.1B MERL
Open Interest
$8.69M
Turnover 24h
$29.15M
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.02671 | $6.6M | +0.005% |
| Bybit | $0.02671 | $3.5M | +0.01% |
| OKX | $0.02675 | $11M | +0.005% |
| KuCoin | $0.02678 | $165K | -0.143% |
| BingX | $0.02676 | $81K | — |
| Bitget | $0.02677 | $1.3M | +0.005% |
| HTX | $0.029 | $1.5M | — |
| MEXC | $0.02675 | $835K | +0.005% |
| Gate | $0.02675 | $733K | +0.01% |
Price changes
Price per Hour
+0.63%
$0.0001712
Price within 12 Hours
-8.56%
-$0.0025596
Price within 24 Hours
-2.17%
-$0.0006074
Price per Week
+14.73%
$0.0039355
Price per Month
-6.15%
-$0.0020072
Key data
- Open interest
- 323M MERL ($8.69M)
- Turnover · 24h
- $29.15M
- Volume · 24h
- 1.1B MERL ($29.21M)
- Fully diluted market cap
- $34.30M
- Circulating supply
- 1.3B MERL
- Total supply
- 2.1B MERL
- Max. supply
- 2.1B MERL
$0.0264487
$0.0320953
Profile
- Rank
- #598
- Type
- Coin
- Category
- market.Blockchain
- Date Launched
- 04 Feb 2024
Contract Addresses
· 0
Links
Chat
t.me/merlin_chain
Twitter
twitter.com/MerlinLayer2
Website
merlinchain.io
Explorer
scan.merlinchain.io/token/0x5c46bFF4B38dc1EAE09C5BAc65872a1D8bc87378
Explorer
app.nansen.ai/token-god-mode?chain=ethereum&tab=transactions&tokenAddress=0x0f3a12b78fee11ee088e454a0547bdbc5a253a6d
Source Code
github.com/MerlinLayer2
Announcement
x.com/MerlinLayer2
Blog
medium.com/@merlinchaincrypto
Whitepaper
docs.merlinchain.io/merlin-docs
Funding rate Merlin Chain
Binance
+0.005%
Bybit
+0.01%
OKX
+0.005%
KuCoin
-0.143%
Bitget
+0.005%
MEXC
+0.005%
Gate
+0.01%
Funding rate is paid every 8 hours between long and short traders. Positive rate: longs pay shorts (market is bullish). Negative rate: shorts pay longs. Extreme values (>0.1%) often precede reversals.
Merlin Chain Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.02671 | — | 62M | $6.6M | +0.005% |
| Bybit | $0.02671 | $0.02681 | 41M | $3.5M | +0.01% |
| OKX | $0.02675 | $0.02679 | 53M | $11M | +0.005% |
| KuCoin | $0.02678 | $0.02677 | 38M | $165K | -0.143% |
| BingX | — | $0.02676 | — | $81K | — |
| Bitget | $0.02677 | $0.02673 | 68M | $1.3M | +0.005% |
| HTX | — | $0.029 | — | $1.5M | — |
| MEXC | $0.02675 | $0.02678 | 35M | $835K | +0.005% |
| Gate | $0.02675 | $0.02672 | 8.5M | $733K | +0.01% |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Market open interest
Track open interest changes across all futures markets in real time.
Prices
Monitor price movements and 24h changes for all crypto pairs.
Trading volume in base coin
Flags % changes in 24h turnover over your chosen interval (1m–4h).
Market
Full market view: prices, OI, turnover, funding — all in one place.
Frequently asked questions
- What is the current price of Merlin Chain (MERL)?
- Merlin Chain (MERL) is currently trading at $0.0268938 USDT. The price updates every minute and is aggregated across the major crypto exchanges — Binance, Bybit, OKX, KuCoin, Bitget, BingX, MEXC, HTX, Gate.io and Hyperliquid — which removes single-venue outliers and gives a stable reference price you can use for alerts and cross-exchange comparison.
- Where is MERL traded?
- Merlin Chain (MERL) is currently tracked across 9 exchanges: Binance, Bybit, OKX, KuCoin, BingX, Bitget, HTX, MEXC, Gate — both USDT-M perpetual futures and USDT spot pairs where available. Data refreshes every minute, and each venue feeds the aggregated metrics (price, turnover, open interest, funding).
- What is the MERL funding rate now?
- Average MERL funding across 7 exchanges is −0.0147% — shorts are paying longs. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours on most venues (some run 4-hour or 1-hour cycles). A negative rate means short positioning is dominant; sustained readings below −0.05% commonly precede a short-squeeze — a sharp move up as shorts cover at market.
- What is the MERL open interest now?
- Total MERL open interest across our tracked venues is 323M (~$8.69M in USD). Open interest is the aggregate notional of unsettled futures contracts (each contract is one long + one short, counted once). Rising OI with rising price confirms fresh money entering and trend strength; rising OI with falling price points to aggressive short build-up; falling OI signals position unwinding and weakening momentum. Watch OI live in the dashboard or set an OI-spike alert below.
- How can I get an alert on MERL price, OI or funding moves?
- JustScreener scans all 4000+ pairs on 10 exchanges every minute — there is no list of coins to configure. For price, OI or volume alerts use the Custom Screener; for funding — the Funding Screener. A Telegram or push notification fires the moment a rule triggers.