Investment
Features
FeesSafety
Academy
More
Pluang+

Compare Frax (FRAX) vs Merlin Chain (MERL) Price & Performance

FraxTrade
Merlin ChainTrade

Price performance (Past 24H)

Key statistics

Frax vs Merlin Chain — how do they compare? Frax trades at Rp4,773 (market cap Rp448,08M, Rp10,02M 24h volume), while Merlin Chain trades at Rp309.91 (market cap Rp406,23M, Rp49,79M 24h volume). The key difference: Frax and Merlin Chain are close in size by market cap, and Frax's circulating supply is 93,6M / 99,7M FRAX (94%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Frax for 9 Days and Merlin Chain for 9 Days on average.

FRAXMERL
Market Cap
Rp448,08MRp406,23M
Volume (24h)
Rp10,02MRp49,79M
Circulating Supply
93,6M / 99,7M FRAX (94%)1,3B / 2,1B MERL (63%)
Typical Hold Time
9 Days9 Days

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

Frax

FRAX trades at Rp4,684 with a market cap of Rp440.87M, showing neutral technical indicators but bullish overall signal. The token maintains 94% circulation rate with 9-day average hold time. Current price sits near pivot point of Rp4,642, with key resistance at Rp4,772 and support at Rp4,477. No major protocol updates reported recently.

Overall outlook is cautiously optimistic given bullish technical signals, though neutral oscillators suggest limited momentum. Key opportunity lies in potential breakout above Rp4,772 resistance. Major risks include typical crypto volatility and limited liquidity depth for this market cap tier.

Merlin Chain

Merlin Chain is currently trading at Rp309.87 with a market cap of Rp408.14 million, exhibiting a bearish technical signal driven by moving averages. The token's circulating supply is 1.3 million out of a maximum 2.1 million, with a circulation rate of 63%. Key technical indicators show oversold conditions on the RSI_6 but sell signals from ADX, with immediate support at Rp299 and resistance at Rp321. No major protocol updates or ecosystem news were identified recently.

Overall outlook remains cautious due to strong bearish momentum and limited fundamental catalysts. Key opportunities include potential rebounds from oversold levels, while major risks involve low liquidity, high volatility, and the absence of recent development activity. Investors should monitor for any network updates or shifts in trading volume.

Investor sentiment on Pluang

What Pluang investors did over the last 30 days

FRAX
100% Buy0% Sell
Avg holding period · 9 Days
MERL
1% Buy99% Sell
Avg holding period · 9 Days

About Frax

FRAX is the native token of the Frax ecosystem, a decentralized finance protocol focused on building scalable, capital-efficient, and partially collateralized stablecoins. Frax combines algorithmic mechanisms with collateral backing to maintain price stability while enabling deep integration across DeFi applications such as lending, trading, and yield strategies. The ecosystem aims to provide stable, permissionless digital money optimized for on-chain financial systems.

Read more on FRAX

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