MerlinSwap (MP)
CryptoScore Pro global score : 37/100 (computed on 2026-10-29)
MerlinSwap is a decentralized exchange (DEX) operating on the Merlin Chain, a Layer 2 solution designed to enhance scalability and reduce transaction costs for Bitcoin-native applications. Positioned as a core infrastructure component within the Merlin Chain ecosystem, MerlinSwap targets liquidity providers, traders, and DeFi participants seeking efficient, low-fee trading for assets bridged from Bitcoin and other chains. Its significance lies in addressing the fragmentation of liquidity across Bitcoin Layer 2 networks by offering a unified platform for swapping, staking, and yield farming, thereby fostering deeper integration between Bitcoin’s security model and the composability of DeFi. The project’s focus on interoperability with Bitcoin’s broader ecosystem distinguishes it from Ethereum-centric DEXs, catering to users who prioritize Bitcoin’s dominance while demanding DeFi functionality. Technologically, MerlinSwap leverages Merlin Chain’s architecture, which combines a zk-Rollup framework with a Bitcoin-native data availability layer. This design enables high-throughput transactions while maintaining compatibility with Bitcoin’s UTXO model, a critical advantage for assets…
Scores by pillar
| Technology | 44/100 |
|---|---|
| Tokenomics | 43/100 |
| Team | 37/100 |
| Adoption | 46/100 |
| Liquidity | 22/100 |
| Compliance | 53/100 |
Market data
| Price | $0.00009232 |
|---|---|
| Market cap | $290,816.23 |
| 24h volume | $1.01 |
| Market cap rank | #3566 |
| 24h change | 0% |
| 7d change | +11.7% |
| Blockchain | Merlin Chain |
| Sector | DeFi |
Analysis
MerlinSwap is a decentralized exchange, a permissionless trading protocol using an automated market maker. It runs on Merlin Chain, a Bitcoin layer-2 solution. The token is used for voting rights, fee discounts and staking rewards, i.e. depositing assets in exchange for remuneration.