Merlin Chain vs Ondo US Dollar Yield — how do they compare? Merlin Chain trades at Rp310.04 (market cap Rp408,52M, Rp49,21M 24h volume), while Ondo US Dollar Yield trades at Rp20,497 (market cap Rp38,9T, Rp7,48M 24h volume). The key difference: Ondo US Dollar Yield is far larger — about 95221.8× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Ondo US Dollar Yield's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Ondo US Dollar Yield for 18 Days on average.
| MERL | USDY | |
|---|---|---|
Market Cap | Rp408,52M | Rp38,9T |
Volume (24h) | Rp49,21M | Rp7,48M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 1,9B USDY |
Typical Hold Time | 9 Days | 18 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.
USDY is currently trading at Rp20,573 with a bullish technical outlook supported by strong moving average signals. The token shows robust market cap of Rp38.96T and average hold time of 18 days, indicating stable holding patterns. Technical indicators show mixed signals with RSI suggesting overbought conditions while ADX confirms strong trend momentum.
Overall outlook remains cautiously optimistic with key support at Rp20,494. Major risks include regulatory uncertainty and typical crypto volatility. Opportunities lie in continued ecosystem adoption and stable yield-bearing characteristics that appeal to risk-averse crypto investors.
What Pluang investors did over the last 30 days
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 →Ondo USDY is a decentralized lending protocol that supports assets with transfer restrictions. Its flexible design allows access to more financial instruments. This makes USDY a bridge for bringing real-world assets onto blockchain.
Read more on USDY →