Merlin Chain’s top dApp has exceeded the $1 billion TVL mark

Since Bitcoin's second-layer network Merlin Chain was released from staking at the end of April, its $3.8 billion in liquidity has not been lost from the ecosystem, but has instead poured into its ecosystem dApps, developing rapidly in DeFi, infrastructure, games and other tracks. According to DefiLlama data, Merlin Chain's top dApps have achieved remarkable results and have exceeded the $1 billion TVL mark. Among them: DeFi protocol Solv Protocol exceeded $600 million TVL; Lending protocol Avalon exceeded $200 million TVL; Another lending protocol Mage Finance exceeded $85M TVL; DEX MerlinSwap has generated nearly $800 million in total transaction volume, nearly $100 million in TVL, and has 320,000 active addresses on the chain. Launchpad Merlin Starter has generated $880 million in total transaction volume so far; 3D open world game Dragonverse Neo has exceeded $20 million in transaction volume and has 6,631 players. NFT Marketplace project Unicross has exceeded 200,000 active addresses on the chain. It is reported that Merlin Chain will launch an ecological incentive plan next week to support more developers to join and stimulate the native application innovation and ecological expansion of the Bitcoin ecosystem.