MERL to INIT: Convert Merlin Chain to Initia Today
1 MERL = 0.37551 INIT
MERL price updated 27 Aug 2026 · 05:48 WIB · INIT price updated 27 Aug 2026 · 05:44 WIB
Cross rate: the MERL/INIT value is the ratio of both assets' mid prices on the Pluang market, with no foreign-exchange leg. Indicative, not an execution rate.
The Merlin Chain (MERL) to Initia (INIT) exchange rate is currently 0.37551 INIT per 1 MERL. 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 INIT to MERL page.
See INIT to MERL rate1 INIT = 2.6631 MERLMERL/INIT Chart
Daily price ratio of the two assets
MERL and INIT Statistics
Trading activity and supply, with no currency denomination
Merlin ChainCirculating Supply1,4B / 2,1B MERL
Trading Activity0% Sell | 0% Buy
Typical Hold Time10 Days
InitiaCirculating Supply205,8M / 1B INIT
Trading Activity0% Sell | 0% Buy
Typical Hold Time19 Days
MERL to INIT Conversion Table
Conversion values for commonly searched amounts
MERL → INIT
| Amount | Result |
|---|---|
| 0.001 | 0.00037551 INIT |
| 0.01 | 0.0037551 INIT |
| 0.1 | 0.037551 INIT |
| 0.5 | 0.18775 INIT |
| 1 | 0.37551 INIT |
| 5 | 1.8775 INIT |
| 10 | 3.7551 INIT |
INIT → MERL
| Amount | Result |
|---|---|
| 0.1 | 0.26631 MERL |
| 1 | 2.6631 MERL |
| 10 | 26.6306 MERL |
| 100 | 266.3055 MERL |
| 1,000 | 2,663.0552 MERL |
| 10,000 | 26,630.5516 MERL |
| 100,000 | 266,305.5165 MERL |
Frequently Asked Questions
1 MERL = 0.37551 INIT. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Merlin Chain mid price by the Initia 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 MERL and buy INIT in the Pluang app or via Web Trading, both available 24/7.
Each candle divides MERL's price components by INIT'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 MERL in INIT, another crypto asset. For MERL in US dollars, euro, and 130+ other currencies, use MERL'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.