Dai vs Merlin Chain — how do they compare? Dai trades at Rp17,251 (market cap Rp92,41T, Rp1,28T 24h volume), while Merlin Chain trades at Rp310.5 (market cap Rp406,89M, Rp47,96M 24h volume). The key difference: Dai is far larger — about 227113× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Dai's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Dai for 29 Days and Merlin Chain for 9 Days on average.
| DAI | MERL | |
|---|---|---|
Market Cap | Rp92,41T | Rp406,89M |
Volume (24h) | Rp1,28T | Rp47,96M |
Circulating Supply | 5,4B DAI | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 29 Days | 9 Days |
What Pluang investors did over the last 30 days
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DAI is an Ethereum-based stablecoin managed by the Maker Protocol and MakerDAO. Its value is soft-pegged to the U.S. dollar and backed by various cryptocurrencies stored in smart contract vaults. DAI provides a decentralized way to hold a stable digital asset, with options like Multi-Collateral DAI for flexible backing and the DAI Savings Rate for earning interest.
Read more on DAI →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 →