IDEX vs Merlin Chain — how do they compare? IDEX trades at Rp33.85 (market cap Rp74,11M, Rp36,08M 24h volume), while Merlin Chain trades at Rp308.06 (market cap Rp405,45M, Rp54,75M 24h volume). The key difference: Merlin Chain is far larger — about 5.5× IDEX's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while IDEX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold IDEX for 19 Days and Merlin Chain for 9 Days on average.
| IDEX | MERL | |
|---|---|---|
Market Cap | Rp74,11M | Rp405,45M |
Volume (24h) | Rp36,08M | Rp54,75M |
Circulating Supply | 1B IDEX | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 19 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
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.
What Pluang investors did over the last 30 days
No sentiment data available yet.
IDEX describes itself as the first hybrid liquidity DEX, merging an order book model with an automated market maker (AMM). It combines the speed and functionality of traditional order books with the security and liquidity of AMMs. By integrating an off-chain trading engine with on-chain trade settlement, IDEX offers a unique approach to decentralized exchanges.
Read more on IDEX →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 →