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Merlin Chain's total value locked (TVL) has surpassed $1.5 billion, including 16,827 BTC.

BlockBeats news, on February 17th, since the start of the mainnet staking activity on the Bitcoin native layer 2 network Merlin Chain on the evening of the 8th of this month, the total TVL has exceeded 1.5 billion US dollars, including 16,827 BTC, 252 trillion SATS, 890,000 ORDI and 14 other Bitcoin native assets as well as Ethereum, stablecoins and other assets. Currently, the SATS locked in Merlin Chain account for 12% of the total supply, ranking second, surpassing OKX (7.23%), second only to Binance (30.41%); ORDI accounts for 4.25% of the total supply, ranking third, second only to Binance (42.13%) and OKX (12.69%).
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