Merlin Chain is a native Bitcoin Layer 2 project that integrates a ZK-Rollup network, decentralized oracle network, data availability, and on-chain BTC fraud-proof modules to extend functionality built on Bitcoin Layer 1. Merlin Chain's Twitter Score is 121 out of 1000 (an Excellent rating) as of July 2026, ranking #6,548 (top 5%) among 389,587 tracked accounts.
Merlin Chain was founded by Jeff Yin and originated from Bitmap Technology. It launched in January 2024 and supports Bitcoin protocols including BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stamp, positioning itself as a broad compatibility layer for native Bitcoin assets and protocols.
Merlin Chain has raised financing across multiple rounds. A round announced on February 5, 2024 included participation from OKX Ventures, ABCDE, and other venture capital firms. A subsequent round announced on April 17, 2024 was led by Spartan Group and Hailstone Labs, with additional backing from Amber Group and Presto Labs.
Merlin Chain reached a mainnet milestone on March 2, 2024, stating that total value locked surpassed $3 billion within 23 days of launch. Its H1 2024 review reported $12 billion in TVL, $16 billion in bridged assets, and $3 billion in on-chain transaction volume. The MERL token was listed on nine exchanges, including OKX and HashKey Global, on April 19, 2024. CoinGecko lists Merlin Chain under categories including Smart Contract Platform, Layer 2, and Bitcoin Sidechains.
Merlin Chain has published 2,178 posts on the platform and has 366,309 followers as of July 2026. Merlin Chain has been mentioned by 528 accounts, with 1,630 total mentions.
Merlin Chain's portfolio includes Quack AI.
Who follows Merlin Chain on X?
The accounts that follow Merlin Chain include 424 founders, 75 angel investors, 418 influencers and 38 VCs. Among them are Chris Burniske, Andrew Kang, Frank, Mario Nawfal, John Wang and DeFi Dad defidad.eth.