Merlin Chain price

🛠️ The new #MERL address follows Free’s factory contract structure and is now unified across #Ethereum and #BNBChain. New #MERL token address: 0xa0c56a8c0692bD10B3fA8f8bA79Cf5332B7107F9

Binance EN: Binance Futures Will Launch USDⓈ-Margined MERLUSDT Perpetual Contract

Binance Futures will launch MERL USDT-margined perpetual contracts with up to 50x leverage. Binance Alpha has listed MERL (MERL). Merlin Chain is a Bitcoin Layer 2.

PANews reported on May 28 that according to Binance's announcement, Binance Futures will launch the MERLUSDT perpetual contract at 16:30 Beijing time on May 29, supporting up to 50 times leverage. Merlin Chain (MERL) is a Bitcoin Layer 2 project that integrates ZK-Rollup, decentralized oracles, and Proof of Fraud mechanisms. The contract supports a multi-asset margin model, with a funding rate that settles every 4 hours, with an initial maximum funding rate of ±2%. MERL has been listed on the Binance Alpha market, and the listing of contracts does not mean that the spot will be listed at the same time.

Original author: Scof, ChainCatcher Original editor: TB, ChainCatcher Recently, the BNB Chain ecosystem has heated up again. After the Binance Alpha platform detonated on-chain engagement, the number of transactions and active addresses on the BNB Chain ushered in rapid growth. On May 19, Binance Wallet recorded a record high of $5 billion in single-day trading volume, accounting for 95.3% of the top 12 major wallets. One of the core drivers of this outbreak is Binance Alpha's "low threshold + high incentive" guidance for Web3 projects. Users can interact on-chain without a wallet and participate in token pre-sales and airdrops, which has driven the explosion of popularity after the launch of the Alpha project. Driven by this wave of Alpha + Meme, many tokens have achieved a short-term surge in trading volume. Here's a brief breakdown of the 10 most actively traded tokens and their projects on the BNB Chain right now. 1. $B （BUILDon） 24 H trading volume: $3.7 billion Market Cap: $1.7 billion Active trading users: 11, 619  Number of transactions in 24 H: 54, 639  BUILDon is a meme coin on the BNB Chain with a lion as its mascot, originally issued through the Fourmeme platform. At first, the market capitalization was only a few million dollars, until mid-May, when the project announced that it would be tied to USD 1 and jointly hold a trading competition, and trading activity ushered in an inflection point. After its Alpha was launched, the trading link directly pointed to the $B, which attracted market attention. Today, $B has become one of the main liquidity pools of USD 1 and is officially backed by WLFI, with a market capitalization of more than $400 million at its peak, making it the most strategic project in the current BNB chain meme. 2. $B 2 （B² Network） 24 H trading volume: $7.1 billion Market Cap: $29.2 million Active trading users: 26, 410  24 H Transactions: 306, 723  B² Network is a zk Rollup Layer 2 network on Bitcoin, which is EVM-compatible and supports BTC to interact with ETH addresses. With the positioning of "Bitcoin's most practical L2", it has become one of the hot projects in the current multi-chain interoperability track. 3. $KOGE （48 Club） 24 H trading volume: $1 billion Market Cap: $8.4 billion Active trading users: 10, 782  24 H Transactions: 193, 047  KOGE is a token initiated by the 48 Club community. 48 Club is the first DAO on the BNB Chain, which has been active since 2018 and has more than 500 members, focusing on ecological investment, technical operation and maintenance, and community governance. After Binance Alpha detonated traffic, the established community token also re-entered the market, $KOGE took advantage of the rise and exceeded $1 billion in trading volume. 4. $RWA （Allo） 24 H trading volume: $101 million Market Cap: $23.2 million Active Traders: 27, 691  24 H transactions: 119, 585  Allo is a Layer 1 platform focusing on the tokenization of physical assets, supporting on-chain transactions of high-value assets such as real estate and art, and has completed the tokenization of $2.2 billion in assets. $RWA is its native token, which has quickly become the focus of on-chain heat due to the recent recovery of the RWA concept and the bright fundamentals of the platform. 5. $MERL （Merlin Chain） 24 H trading volume: $96.9 million Market Cap: $0.5 billion Active Traders: 7, 129  Number of transactions in 24 H: 111, 542  Merlin Chain is a Bitcoin L2 project supported by Bitmap, building metaverse, DeFi and other applications based on BTC layer 1 assets, positioning itself to "make Bitcoin fun again". As one of the first rounds of Binance Alpha trading projects, $MERL continues to attract capital inflows with the dual blessing of ecological narrative and platform support. 6. $SKYAI （SKYAI） 24 H trading volume: $90.5 million Market Cap: $56.8 million Active trading users: 5, 600  Number of transactions in 24 H: 130, 724  SKYAI is a data bridging protocol for AI agents, which connects multi-chain data with large language models based on the MCP standard, and is a representative project of the AI + Infra crosspath. Its token is simultaneously active on chains such as Solana and BSC, and its ecological potential continues to attract attention as the MCP market is expected to open up. 7. $BANK （Lorenzo Protocol） 24 H trading volume: $78 million Market Cap: $32.9 million Active trading users: 2, 682  24 H Transactions: 104, 024  Lorenzo Protocol is a modular Bitcoin L2 infrastructure based on Babylon, which supports smart contract execution and USD 1 liquidity access, emphasizing security and asset compatibility. At present, it belongs to the same USD 1 strategic expansion camp as BUILDon, and with the help of narrative resonance, $BANK successfully obtained the Alpha platform traffic dividend. 8. $AIOT （OKZOO） 24 H trading volume: $59.3 million Market Cap: $16.7 million Active trading users: 5, 234  24 H Transactions: 66, 038  OKZOO is a project that combines AIoT, DePIN, and GameFi to collect environmental data through P-mini hardware, and users can be rewarded with $AIOT tokens. The project has independent hardware manufacturing capabilities, with more than 10 million ecological users, and the V2 virtual pet quickly became popular after its launch, becoming a star project in the direction of DePIN evolution. 9 – 10. $CZPizza / $PizzaCZ $CZPizza 24 H trading volume: $6.4 million Market Cap: $5800 Number of active users: 1, 146  Transactions: 5, 197  $PizzaCZ 24 H trading volume: $790,000 Market Cap: $340,000 Number of active users: 1, 089  Number of transactions: 1, 588  Both meme coins originated from CZ's posting of a change of avatar on May 22, dubbed by the community as a modern version of "Pizza Day." By binding the meme culture and high-profile topics, they quickly become short-term speculative hotspots, but they lack technical or application support, and are typical follow-up assets. Summary: Alpha-driven ecological hotspot rotation From meme narratives to AI Infra, from Bitcoin L2 to DePIN environmental data collection, these tokens are not only behind the traffic, but also reflect that the Binance Alpha platform is leading the structural ecological renewal of the BNB chain. Through TGEs, airdrops, and Alpha Points incentive mechanisms, Alpha has achieved a participation method of "low threshold participation + high return expectation", which has enabled high-quality projects to gain early attention and promoted the full activity of on-chain transactions. The next wave of BNB Chain's narrative may have been quietly unfolding in these trading leaderboard tokens. (This article is for reference only and does not constitute investment advice)