INIT to MERL: Convert Initia to Merlin Chain Today
1 INIT = 2.6505 MERL
INIT price updated 27 Aug 2026 · 09:19 WIB · MERL price updated 27 Aug 2026 · 09:19 WIB
Cross rate: the INIT/MERL value is the ratio of both assets' mid prices on the Pluang market, with no foreign-exchange leg. Indicative, not an execution rate.
The Initia (INIT) to Merlin Chain (MERL) exchange rate is currently 2.6505 MERL per 1 INIT. The value is computed from both assets' mid prices on the Pluang market and refreshed throughout the day. Use the calculator for other amounts, or open the reverse direction on the MERL to INIT page.
See MERL to INIT rate1 MERL = 0.37729 INITINIT/MERL Chart
Daily price ratio of the two assets
INIT and MERL Statistics
Trading activity and supply, with no currency denomination
InitiaCirculating Supply205,8M / 1B INIT
Trading Activity0% Sell | 0% Buy
Typical Hold Time19 Days
Merlin ChainCirculating Supply1,4B / 2,1B MERL
Trading Activity0% Sell | 0% Buy
Typical Hold Time10 Days
INIT to MERL Conversion Table
Conversion values for commonly searched amounts
INIT → MERL
| Amount | Result |
|---|---|
| 0.001 | 0.0026505 MERL |
| 0.01 | 0.026505 MERL |
| 0.1 | 0.26505 MERL |
| 0.5 | 1.3252 MERL |
| 1 | 2.6505 MERL |
| 5 | 13.2524 MERL |
| 10 | 26.5047 MERL |
MERL → INIT
| Amount | Result |
|---|---|
| 0.1 | 0.037729 INIT |
| 1 | 0.37729 INIT |
| 10 | 3.7729 INIT |
| 100 | 37.7291 INIT |
| 1,000 | 377.2909 INIT |
| 10,000 | 3,772.9089 INIT |
| 100,000 | 37,729.0886 INIT |
Frequently Asked Questions
1 INIT = 2.6505 MERL. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Initia mid price by the Merlin Chain mid price on the Pluang market. The result is an asset-to-asset exchange rate, with no currency involved.
This page is a value calculator. To invest, you can sell INIT and buy MERL in the Pluang app or via Web Trading, both available 24/7.
Each candle divides INIT's price components by MERL's on the same day: open by open, high by high, low by low, close by close, then the range is normalized so the candle stays valid. This is the standard ratio-chart pattern. Intraday extremes are approximate because the two assets do not always move at the same moment. A line mode is also available.
This page prices INIT in MERL, another crypto asset. For INIT in US dollars, euro, and 130+ other currencies, use INIT's foreign-currency conversion pages.
Crypto prices come from the Pluang market. Cross rates are computed as the ratio of both assets' mid prices. All values are indicative and are not an offer, solicitation, or investment advice.