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View ChartProject Merlin (MRLN) is a modular Web3 ecosystem that launched in Q3 2025, with its initial release on September 12, 2025. It functions as a next-generation Crowdfunding DAO designed to support blockchain startups across every stage of development, from funding and community engagement to execution and growth. The ecosystem integrates crowdfunding, a freelance marketplace, governance mechanisms, and an IDO launchpad into a single framework.
Technically, Project Merlin operates on the BNB Smart Chain (BEP20) while also supporting EVM and SVM chains, including Polygon, Arbitrum, Optimism, Base Network, Avalanche, and Solana. It further serves as a Layer 2 solution on the Bitcoin network. The technology stack incorporates ZK-Rollups, decentralized oracles, and DAO governance. The MRLN token has a total supply of 800,000,000 and a maximum supply of 10,000,000,000, with a circulating supply reported at approximately 110,760,038 tokens.
Project Merlin was crafted by a diverse team operating across Europe and the Middle East. The project's founders and creators are Hakan Bektas, Cagri Imal, and Iqbal Singh. The team operates with a lean structure, and public information regarding individual team member backgrounds remains limited. The project's development and strategic direction are shaped by this core group, who bring together expertise spanning blockchain infrastructure, decentralized governance, and community-driven funding models.
Project Merlin operates as a modular Web3 ecosystem built around four core platforms. The Crowdfunding platform utilizes Raven Messages for structured proposal submissions, offering up to 25,000 USDC in MRLN value to selected projects, with the Camelot and Excalibur Grant Systems providing $100,000 in monthly distributions. The GIG Freelance Marketplace provides a Web3 framework for freelancing services. Community engagement is enhanced through a Vote2Earn mechanism where NFT holders earn points redeemable for MRLN tokens. The IDO Launchpad offers a seamless framework for idea submission, evaluation, funding, execution, and community growth.
A DAO-controlled, mint-and-burn cross-chain bridge ensures that MRLN's total supply remains capped while supporting both EVM and SVM chains. The crowdfunding process involves structured on-chain submission and voting mechanisms, with decentralized oracles and ZK-Rollups supporting the technical infrastructure.
Project Merlin distinguishes itself through its comprehensive, modular approach to supporting blockchain startups. Rather than focusing on a single function, it integrates crowdfunding, freelancing, governance, and launchpad services into one cohesive ecosystem. This end-to-end framework supports the entire lifecycle of blockchain startups, from idea submission and evaluation to funding, execution, and community growth.
The project's dual compatibility with both EVM and SVM chains, including integration with major networks like Polygon, Arbitrum, Optimism, BNB Smart Chain, Base Network, Avalanche, and Solana, positions it as a versatile player in the Web3 space. Its role as a Layer 2 solution on the Bitcoin network further extends its reach. The DAO-driven governance model and the Vote2Earn mechanism create a reward-based economic model that promotes long-term participation and equitable value distribution among community members.
The MRLN token serves as the central utility asset within the Project Merlin ecosystem. It is used for governance participation, allowing holders to vote on proposals and strategic decisions. The token also facilitates reward distribution across the ecosystem, including through the Vote2Earn mechanism where NFT holders earn points redeemable for MRLN. Additionally, MRLN is used for NFT purchases and accessing exclusive opportunities within the platform.
The ecosystem generates revenue through multiple streams, including submission fees, NFT royalties, and service fees from platforms like Freelify.io. NFTs play a crucial role in governance, offering discounted proposal fees and access to exclusive opportunities. The token model is designed to promote long-term participation and equitable value distribution across the community.
Since its launch in Q3 2025, Project Merlin has been actively developing its ecosystem through public sales and strategic partnerships. The project conducted public sales through multiple platforms, including DAO Maker, Coin Terminal, and Polkastarter, raising a total of $2.24 million across multiple rounds. The project's total raise is reported at $3.2 million.
The ecosystem continues to expand its cross-chain integrations, supporting EVM and SVM chains while serving as a Layer 2 solution on Bitcoin. The Camelot and Excalibur Grant Systems provide ongoing monthly distributions to support emerging projects. The project has also established token unlock schedules extending into 2026, covering grants, treasury, liquidity, team, and operations allocations. The ecosystem's development is guided by its DAO governance structure, ensuring community-driven decision-making.
Project Merlin (MRLN) does not employ a traditional mining mechanism. Instead, the ecosystem utilizes a staking and reward-based model. Participants can engage with the ecosystem through staking mechanisms that have vesting periods, with staking allocations subject to an 8-month vesting schedule. The Vote2Earn mechanism allows NFT holders to earn points that are redeemable for MRLN tokens, creating an alternative pathway for token acquisition through active participation.
The DAO-controlled mint-and-burn cross-chain bridge ensures that the total supply remains capped while supporting cross-chain operations. Token distribution includes allocations for airdrops with a 3-month cliff and 8-month vesting, as well as liquidity provisions with varying vesting schedules. These mechanisms collectively support the ecosystem's reward-based economic model.
Securing your MRLN tokens requires adherence to standard cryptocurrency safety practices. Store your tokens in a reputable wallet that supports BEP20 and ERC-20 standards, as MRLN operates on BNB Smart Chain and Arbitrum One. Hardware wallets provide the highest level of security for long-term holdings by keeping private keys offline. Always verify contract addresses before interacting with any smart contract, using official explorers like bscscan.com and arbiscan.io to confirm token details.
Enable two-factor authentication on any exchange accounts used for trading MRLN. Be cautious of phishing attempts and unofficial links, and always access official project resources through verified channels. Since the project operates across multiple chains, ensure your wallet supports the specific network you are using. Regularly review token unlock schedules and vesting periods to understand market dynamics that may affect your holdings.
MRLN is a newer cryptocurrency that may be listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for MRLN are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Project Merlin (MRLN) is ₹0.000027. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MRLN to USD rate at the top of BTCC’s price page. In terms of market scope, Project Merlin records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹2.995873K. Its current circulating supply stands at 11.08Cr out of a maximum supply cap of 1KCr.
The price volatility of Project Merlin (MRLN) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (11.08Cr) to max supply (1KCr), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Project Merlin (MRLN) hit an all-time high (ATH) of ₹7.566575 on 2025-09-16 13:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.000026 on 2026-09-01 21:30. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading MRLN futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s MRLNUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Project Merlin, simply log into your BTCC account with USDT margin available, navigate to the MRLNUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for MRLNUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.000027), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for MRLNUSDT with zero financial risk.
Trading Project Merlin (MRLN) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MRLNUSDT, and review its live price (₹0.000027) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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