Compare GMX (GMX) vs Merlin Chain (MERL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
GMX vs Merlin Chain — how do they compare? GMX trades at Rp118,815 (market cap Rp1,24T, Rp53,31M 24h volume), while Merlin Chain trades at Rp316.89 (market cap Rp426,28M, Rp26,2M 24h volume). The key difference: GMX is far larger — about 2908.9× Merlin Chain's market cap, and GMX's circulating supply is 10,5M / 13,3M GMX (79%) versus 1,4B / 2,1B MERL (65%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold GMX for 46 Days and Merlin Chain for 10 Days on average.
| GMX | MERL | |
|---|---|---|
Market Cap | Rp1,24T | Rp426,28M |
Volume (24h) | Rp53,31M | Rp26,2M |
Circulating Supply | 10,5M / 13,3M GMX (79%) | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 46 Days | 10 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
GMX is trading at Rp119,168 with a market cap of Rp1.25T, showing bullish technical signals with strong moving average support and neutral oscillators. The token maintains 79% circulation with 10.5 million GMX in supply. Current price sits above pivot point Rp118,693 with key resistance at Rp120,626. No major protocol updates reported recently, but the asset demonstrates solid technical positioning within the DeFi derivatives ecosystem.
Overall outlook remains cautiously optimistic given strong technical momentum, though RSI levels suggest potential overbought conditions. Key opportunities include continued DeFi adoption and protocol utility growth, while risks involve crypto market volatility and regulatory uncertainty. Investors should monitor support at Rp117,548 for trend confirmation.
Merlin Chain is currently trading at Rp318.44 with a market cap of Rp430M, showing bearish technical signals as it trades below the pivot point of Rp323. The token has 65% of its maximum 2.1M supply in circulation with an average hold time of 10 days. Technical indicators show mixed signals with bearish moving averages but neutral oscillators, while the asset trades near key support at Rp315.
Overall outlook remains cautious with bearish technical pressure, though neutral oscillators suggest potential consolidation. Key opportunities include proximity to support levels for potential rebounds, while risks include limited liquidity and the bearish trend continuation. Investors should monitor volume patterns and network developments closely.
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 GMX
GMX is a decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50X leverage on popular cryptocurrencies like BTC, ETH and more. The platform launched in September 2021 as Gambit Exchange. To date, GMX has a total trading volume of over $130B and 283K total users, making it the leading derivatives DEX on Arbitrum and Avalanche.
Read more on GMX →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 →
