Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
The TVL (Total Value Locked) of Merlin Chain's mainnet has reached 1.29 billion USD, including 13,600 BTC

The TVL (Total Value Locked) of Merlin Chain's mainnet has reached 1.29 billion USD, including 13,600 BTC

2024/02/16 08:13
The mainnet staking event Merlin's Seal of the Bitcoin native second-layer network, Merlin Chain, was launched on the 8th of this month. As of the 16th, Merlin's Seal has brought a total value locked (TVL) of $1.29 billion to Merlin Chain, including 13,600 BTCs. This number far exceeds that of other Bitcoin second-layer projects in the same period and is still rising.
 
Merlin Chain is invested by institutions such as OKX Ventures, ABCDE, Foresight Ventures, Arkstream Capital etc., aiming to empower native assets, protocols and application ecosystems on Bitcoin layer one and continue innovation and amplify asset potential on layer two networks. The hosted mainnet staking event Merlin's Seal supports participation from 14 types of Bitcoin native assets as well as Ethereum and stablecoins etc., it is expected to distribute 20% MERL governance tokens for Merlin Chain. It is historically the most rewarding staking event with widest support range for Bitcoin native assets.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!