Merlin Chain's mainnet staking event exceeded 1.97 billion USD in TVL within 14 days
The Bitcoin second-layer network, Merlin Chain, announced that within 14 days of the launch of its mainnet staking event, the total value locked (TVL) has exceeded $1.97 billion. This figure includes $1.18 billion in BTC, $270 million in BRC-20 and other native Bitcoin assets, as well as $170 million in Ethereum and stablecoins etc. The participation level of the Bitcoin Ordinals ecosystem in Merlin Chain is extremely high, with SATS, ORDI and Bitmap accounting for 12.5%, 5.1% and 26% of their total supply respectively. In addition, Merlin Chain's BRC-20 token VOYA has become the Altcoin with the highest number of transaction addresses on the entire network.
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