According to news, the Merlin Chain ecological DEX project MerlinSwap TVL has exceeded 100 million US dollars, ranking first in the Merlin Chain network, becoming the largest DEX in the Bitcoin ecosystem.
MerlinSwap is a decentralized exchange (DEX) featuring discrete centralized liquidity AMM, allowing users to complete limit order transactions in a decentralized manner. MerlinSwap is iZUMi Finance’s one-stop DEX-as-a-Service’s successful attempt on the Bitcoin second-layer network Merlin Chain. MerlinSwap has previously completed a community IDO, attracting a total of US$480 million in capital participation. This IDO aims to provide efficient liquidity services for the Bitcoin ecosystem.
As of now, MerlinSwap’s highest single-day transaction volume has reached $70 million.