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MERL to PHA: Convert Merlin Chain to Phala Network Today

1 MERL = 0.80131 PHA
MERL price updated 27 Aug 2026 · 12:10 WIB · PHA price updated 27 Aug 2026 · 12:03 WIB

Cross rate: the MERL/PHA 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 Phala Network (PHA) exchange rate is currently 0.80131 PHA 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 PHA to MERL page.

See PHA to MERL rate1 PHA = 1.248 MERL
Pick a crypto and a target asset to see the conversion
From
To
Amount
MERL
Conversion Result
0.80131 PHA
1 MERL = 0.80131 PHA · mid-price ratio
Indicative rate from the ratio of both assets' mid prices, not an execution price.
Live prices:MERLMERLPHAPHA

MERL/PHA Chart

Daily price ratio of the two assets

MERL and PHA Statistics

Trading activity and supply, with no currency denomination
MERLMerlin Chain
Circulating Supply1,4B / 2,1B MERL
Trading Activity0% Sell | 0% Buy
Typical Hold Time10 Days
PHAPhala Network
Circulating Supply840,5M PHA
Trading Activity64% Sell | 36% Buy
Typical Hold Time31 Days

MERL to PHA Conversion Table

Conversion values for commonly searched amounts

MERL → PHA

AmountResult
0.0010.00080131 PHA
0.010.0080131 PHA
0.10.080131 PHA
0.50.40065 PHA
10.80131 PHA
54.0065 PHA
108.0131 PHA

PHA → MERL

AmountResult
0.10.1248 MERL
11.248 MERL
1012.4796 MERL
100124.7961 MERL
1,0001,247.9613 MERL
10,00012,479.6125 MERL
100,000124,796.125 MERL

Frequently Asked Questions

1 MERL = 0.80131 PHA. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Merlin Chain mid price by the Phala Network 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 PHA in the Pluang app or via Web Trading, both available 24/7.
Each candle divides MERL's price components by PHA'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 PHA, 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.