Merlin Chain vs Uniswap — how do they compare? Merlin Chain trades at Rp310.11 (market cap Rp406,55M, Rp50,2M 24h volume), while Uniswap trades at Rp66,367 (market cap Rp41,83T, Rp3,2T 24h volume). The key difference: Uniswap is far larger — about 102890.2× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Uniswap's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Uniswap for 63 Days on average.
| MERL | UNI | |
|---|---|---|
Market Cap | Rp406,55M | Rp41,83T |
Volume (24h) | Rp50,2M | Rp3,2T |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 625,6M UNI |
Typical Hold Time | 9 Days | 63 Days |
Signals from Pluang's Aura AI — not financial advice
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.
UNI shows strong bullish momentum with current price at Rp66,938, trading above key pivot points. Technical indicators reveal bullish moving averages but overbought RSI signals. The token maintains a market cap of Rp41.32T with healthy trading activity. Recent Uniswap v4 developments and growing DeFi adoption support fundamental strength, though regulatory uncertainty remains a concern.
Overall outlook remains cautiously optimistic with strong technical setup but overbought conditions suggest potential near-term consolidation. Key opportunities include continued DeFi growth and protocol upgrades, while major risks involve crypto market volatility and regulatory pressures. Investors should monitor support at Rp64,271 for potential entry points.
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →A popular decentralized trading protocol which is known for facilitating automated trading of decentralized finance (DeFi) tokens. UNI creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges. It has a maximum supply of 1 billion UNI coins.
Read more on UNI →