Merlin Chain is a cutting-edge Bitcoin Layer 2 solution that enhances Bitcoin's utility through advanced technologies like ZK-Rollups, decentralized oracle networks, and fraud-proof modules. Designed to expand Bitcoin's ecosystem, it supports diverse assets, protocols, and decentralized applications (DApps) while maintaining the security of Bitcoin's base layer.
How Merlin Chain Works
ZK-Rollup Technology
Merlin Chain leverages ZK-Rollup technology from Polygon to process transactions off-chain while maintaining Bitcoin's security standards. This approach:
- Bundles multiple transactions into a single proof
- Reduces on-chain data storage costs
- Maintains cryptographic security through zero-knowledge proofs (ZKPs)
EVM Compatibility
The platform supports Ethereum Virtual Machine (EVM) compatibility, enabling:
- Seamless migration of Ethereum-based DApps
- Smart contract functionality
- Cross-chain interoperability
Decentralized Data Availability
Using Celestia's modular blockchain framework, Merlin ensures:
- Transparent data accessibility
- Fraud-proof verification
- Community-driven validation processes
MERL Tokenomics
| Metric | Detail |
|---|---|
| Total Supply | 2.1 billion (fixed) |
| Token Type | BRC-20 standard |
| Primary Functions | Governance, staking, payments |
Token Distribution
- Community Incentives: 40%
- Ecosystem Development: 30%
- Team & Advisors: 20%
- Liquidity Provisions: 10%
👉 Discover how to stake MERL tokens
Key Features
Bitcoin-Centric Innovation
- Supports BRC-20, BRC420 protocols
- Integrates Bitmap, Atomicals, and other Bitcoin-native assets
High-Throughput Infrastructure
- Processes 3,000+ TPS
- Transaction fees <$0.01
Community-Driven Governance
- On-chain voting mechanisms
- Transparent proposal system
Real-World Adoption
Since its February 2024 launch, Merlin Chain has achieved:
- $3.6B+ TVL
- 80+ integrated DApps across DeFi, gaming, and social sectors
- 300,000+ active wallets
FAQs
What makes Merlin Chain different from other Bitcoin L2s?
Merlin uniquely combines ZK-Rollups with EVM compatibility while maintaining Bitcoin's security model—a hybrid approach no other L2 offers.
How can I earn passive income with MERL?
Stake tokens via OKX's Web3 wallet or participate in liquidity mining programs to earn up to 12% APY.
Is Merlin Chain secure?
Yes. It inherits Bitcoin's proof-of-work security while adding ZKP verification layers, making it more secure than most Ethereum L2s.
When will the next token unlock occur?
Refer to Merlin's official emission schedule—unlocks occur quarterly with 5% of remaining supply released each cycle.
Can I bridge Ethereum assets to Merlin?
Absolutely. Use OKX's cross-chain bridge to transfer ETH, USDT, and other ERC-20 tokens to Merlin Chain in under 3 minutes.
What's the long-term vision for Merlin?
To become Bitcoin's primary scaling solution by 2026, hosting 60% of all Bitcoin L2 transactions while maintaining full decentralization.