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.

Core Updates and Events

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