DODO vs Merlin Chain — how do they compare? DODO trades at Rp422.57 (market cap Rp416,34M, Rp1,04T 24h volume), while Merlin Chain trades at Rp308.91 (market cap Rp406,89M, Rp47,96M 24h volume). The key difference: DODO and Merlin Chain are close in size by market cap, and DODO's circulating supply is 1B / 1B DODO (100%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold DODO for 39 Days and Merlin Chain for 9 Days on average.
| DODO | MERL | |
|---|---|---|
Market Cap | Rp416,34M | Rp406,89M |
Volume (24h) | Rp1,04T | Rp47,96M |
Circulating Supply | 1B / 1B DODO (100%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 39 Days | 9 Days |
What Pluang investors did over the last 30 days
DODO is a DeFi protocol and on-chain liquidity provider that is equipped with a unique proactive market maker (PMM) algorithm which aims to offer better liquidity and price stability than automated market makers (AMM).
Read more on DODO →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 →