Merlin Chain

Total value locked, currently $9,521,941.81, is worth monitoring because it reflects the amount of assets actively deployed on the network and serves as a rough proxy for ecosystem usage relative to the market capitalization of $62,149,874, which produces the current market-cap-to-TVL ratio of about 6.5. The fee figures across different time windows — 24-hour, 7-day, and 30-day — are informative because their trajectory reveals whether actual network demand is expanding or contracting. Fee growth over 30 days, at 46.15 percent, is a figure whose direction in future periods would indicate whether recent activity is sustained. The asset is currently 97.96 percent below its all-time high recorded 888 days ago, a figure whose context alongside TVL and fee trends may help observers assess the relationship between network activity and token pricing over time.

아래 나열된 수치를 바탕으로 AI 언어 모델이 작성하였으며, 작성 시점: 24 Sep 2026 17:23 UTC.