Merlin Chain vs Ondo US Dollar Yield — how do they compare? Merlin Chain trades at Rp313.53 (market cap Rp423,31M, Rp23,97M 24h volume), while Ondo US Dollar Yield trades at Rp20,356 (market cap Rp38,17T, Rp6,38M 24h volume). The key difference: Ondo US Dollar Yield is far larger — about 90170.3× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while Ondo US Dollar Yield's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Ondo US Dollar Yield for 20 Days on average.
| MERL | USDY | |
|---|---|---|
Market Cap | Rp423,31M | Rp38,17T |
Volume (24h) | Rp23,97M | Rp6,38M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 1,9B USDY |
Typical Hold Time | 10 Days | 20 Days |
Signals from Pluang's Aura AI — not financial advice
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.
USDY is trading at Rp20,379, showing neutral technical signals with mixed moving averages and oscillators. The asset exhibits a short-term hold pattern of 20 days. Key support lies at Rp20,344, with resistance at Rp20,422. No major protocol updates or ecosystem news are reported recently.
Overall outlook is neutral; opportunities include stable yield utility in crypto portfolios, but risks involve low liquidity and regulatory uncertainty. Investors should monitor trading volume and on-chain activity for changes.
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 →