Merlin Chain TVL Surpasses $53 Million Two Hours After Mainnet Pledge Event Opens
Just two hours after the launch of Merlin's Seal, the mainnet pledge campaign on Merlin Chain, Bitcoin's native second-tier network, the value of assets pledged on the chain has surpassed $53 million in TVL, up $34.3 million from an hour ago, and that number continues to rise.
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Data: Hyperliquid platform whales currently hold $5.517 billions in positions, with a long-short ratio of 0.93.