Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Merlin Chain's total TVL has broken through 1.5 billion USD, including 16,827 BTC

Merlin Chain's total TVL has broken through 1.5 billion USD, including 16,827 BTC

2024/02/17 10:02

Since the launch of the mainnet pledge activity on the evening of August 8th, Merlin Chain, a native second-layer network of Bitcoin, has exceeded a total TVL (Total Value Locked) of $1.5 billion. This includes 16,827 BTCs, 2.52 trillion SATS, and 890 thousand ORDIs among other assets such as Ethereum and stablecoins from its fourteen types of native Bitcoin assets. Currently, SATS locked in Merlin Chain account for 12% of the total supply ranking second; ORDI accounts for 4.25% ranking third.

1

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!