Compare ApeX Protocol (APEX) vs Merlin Chain (MERL) Price & Performance
Price performance
Price movement over the last 24 hours
Key statistics
Key statistics
ApeX Protocol vs Merlin Chain — how do they compare? ApeX Protocol trades at Rp4,988 (market cap Rp693,97M, Rp25,57M 24h volume), while Merlin Chain trades at Rp340.06 (market cap Rp447,84M, Rp66,89M 24h volume). The key difference: ApeX Protocol is the larger of the two by market cap, and ApeX Protocol's circulating supply is 138,4M / 500M APEX (28%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold ApeX Protocol for 18 Days and Merlin Chain for 9 Days on average.
| APEX | MERL | |
|---|---|---|
Market Cap | Rp693,97M | Rp447,84M |
Volume (24h) | Rp25,57M | Rp66,89M |
Circulating Supply | 138,4M / 500M APEX (28%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 18 Days | 9 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
ApeX Protocol (APEX) is currently trading at Rp4,967 with a market cap of Rp688.81 million, showing a bearish technical signal with moving averages indicating selling pressure. The token has a circulating supply of 138.5 million out of 500 million max, with a circulation rate of 28% and average hold time of 18 days. Recent news from GlobeNewsWire on 2026-06-18 discusses survey results but lacks direct crypto relevance.
Overall outlook is cautious due to bearish technicals and limited fundamental catalysts. Key opportunities include potential network growth if adoption increases, while major risks involve high volatility and low liquidity. Investors should monitor on-chain activity and exchange developments for signs of momentum shift.
Merlin Chain is trading at Rp340.12 with a market cap of Rp441.6M, showing a bearish technical signal from moving averages but neutral oscillators. The current price sits just below the pivot point of Rp348, with immediate support at Rp335. Circulating supply is 1.3M out of 2.1M MERL (63% circulation rate), and no major protocol updates were found recently.
Overall outlook is cautious due to bearish technicals and limited fundamental catalysts. Key opportunities include potential rebounds from support levels, while major risks involve low liquidity, high volatility, and the absence of recent ecosystem developments. Investors should monitor for any network updates or exchange listing news.
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About ApeX Protocol
ApeX Protocol is a decentralized, non-custodial, permissionless, and censorship-resistant perpetual derivatives protocol. It facilitates the creation of perpetual swap markets for any token pairs. Users can engage in crypto derivatives trading on the Ethereum blockchain without intermediaries, while retaining complete control over their private keys.
Read more on APEX →About Merlin Chain
Merlin Chain is a Layer 2 solution for Bitcoin that incorporates ZK-Rollup networks, decentralized oracle networks, and fraud proofs. Its goal is to enhance Bitcoin's Layer 1 assets, protocols, and applications, fostering innovation and maximizing asset potential on Layer 2. The native token, MERL, is used for staking, which contributes to the security of the Merlin Chain.
Read more on MERL →
