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.

以下に記載の数値をもとにAI言語モデルが執筆、作成日： 24 Sep 2026 17:23 UTC.