Milestone

Milestone Timeline

  • January 19, 2024: Bitmap Tech officially announced Merlin Chain

  • January 26, 2024: Merlin Chain Testnet goes live.

  • February 2, 2024: Announcing the launch of Layer2 Fair Launch on Merlin Chain, with token airdrop ratio exceeding 5%.

  • February 5, 2024: Merlin Chain officially announces the completion of its financing round, with participation from OKX Ventures, ABCDE, and other famous VCs.

  • February 8, 2024: Introducing the staking event 'Merlin’s Seal', where MERL tokens will be distributed through staking rewards in the future.

  • February 8, 2024: Mainnet goes live.

  • March 2, 2024: Merlin Chain's mainnet launch sees Total Value Locked (TVL) surpassing $3 billion over 23 days.

  • March 19, 2024: M-BTC open for claiming, unlocking $3.2 billion assets in liquidity.

  • April 15, 2024: Merlin Chain released Merlin’s Phantom, enabling Token swaps, asset migration across different protocols, and interoperability of assets across multiple chains.

  • April 17, 2024: Announced the completion of a new financing round, led by Spartan Group and Hailstone Labs, with participation from over ten institutions including Amber Group and Presto Labs.

  • April 19, 2024: Merlin Chain token MERL was listed on nine exchanges, including OKX and HashKey Global, etc..

  • May 10, 2024: All assets in Merlin’s Seal could be unstaked.

  • May 16, 2024: Phase 2 of MERL claiming went live.

  • May 22, 2024: Merlin Chain x UniCross Rune Bridge launched, enabling DOG and WOLF bridging in and out between Layer1 and Layer2.

  • May 25, 2024: Mainnet and AA Wallet upgrades completed

  • June 7, 2024: Merlin Phantom went live

  • June 12, 2024: Launched Merlin Onchain Summer, offering a prize pool of up to 3 million MERL tokens and millions of dollars in Eco assets.

  • June 17, 2024: Announced Merlin's Adventure, a 210M $MERL Grant Program for ecosystem builders.

  • June 18, 2024: Phase 3 of MERL claiming went live.

  • July 19, 2024: Phase 4 of MERL claiming went live.

  • August 19, 2024: Phase 5 of MERL claiming went live.

  • September 9, 2024: Merlin Chain released 2024 H1 Review: $12 Billion TVL, $16 Billion in Bridged Assets, and $3 Billion in On-Chain Transaction Volume.

  • September 19, 2024: The final phase of MERL claiming went live, with 20% of the total MERL supply allocated to Merlin’s Seal participants. There will be no additional unlocks in 2024.

  • October 10, 2024: MERL perpetual futures went live on Kraken.

  • November 5, 2024: Merlin Chain Testnet upgrade has been completed.

  • November 14, 2024: MERL as Gas is available for AA Wallet users.

  • December 5, 2024: MERL is listed on the largest EUR spot exchange, Bitvavo.

  • December 27, 2024: Introduced automatically Gas Subsidy for MERL withdrawals from CEX to Merlin Chain.

  • January 24, 2025: Merlin Chain Mainnet upgrade is complete, featuring the Polygon CDK upgrade to fork9, Erigon RPC sync support, gas optimization, zkProof RPC interface, and state handling improvements.

  • February 10, 2025: PoS Prestage went live, offering $MERL staking with up to 100% APR in limited-time periods and long-term 15% APR.

  • March 24, 2025: Merlin Chain released Wizard 0.1, a brand-new virtual assistant designed to provide smarter and more personalized support to users. In version 0.1, Wizard serves as Merlin Chain's exclusive AI helper,guiding users through the ecosystem, and help unlock the full potential of the platform.

Core Updates and Events

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