PHA to MERL: Convert Phala Network to Merlin Chain Today
1 PHA = 1.2644 MERL
PHA price updated 27 Aug 2026 · 14:12 WIB · MERL price updated 27 Aug 2026 · 13:57 WIB
Cross rate: the PHA/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 Phala Network (PHA) to Merlin Chain (MERL) exchange rate is currently 1.2644 MERL per 1 PHA. 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 PHA page.
See MERL to PHA rate1 MERL = 0.79088 PHAPHA/MERL Chart
Daily price ratio of the two assets
PHA and MERL Statistics
Trading activity and supply, with no currency denomination
Phala NetworkCirculating Supply840,5M PHA
Trading Activity64% Sell | 36% Buy
Typical Hold Time31 Days
Merlin ChainCirculating Supply1,4B / 2,1B MERL
Trading Activity0% Sell | 0% Buy
Typical Hold Time10 Days
PHA to MERL Conversion Table
Conversion values for commonly searched amounts
PHA → MERL
| Amount | Result |
|---|---|
| 0.001 | 0.0012644 MERL |
| 0.01 | 0.012644 MERL |
| 0.1 | 0.12644 MERL |
| 0.5 | 0.63221 MERL |
| 1 | 1.2644 MERL |
| 5 | 6.3221 MERL |
| 10 | 12.6442 MERL |
MERL → PHA
| Amount | Result |
|---|---|
| 0.1 | 0.079088 PHA |
| 1 | 0.79088 PHA |
| 10 | 7.9088 PHA |
| 100 | 79.0876 PHA |
| 1,000 | 790.8757 PHA |
| 10,000 | 7,908.757 PHA |
| 100,000 | 79,087.5696 PHA |
Frequently Asked Questions
1 PHA = 1.2644 MERL. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Phala Network 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 PHA and buy MERL in the Pluang app or via Web Trading, both available 24/7.
Each candle divides PHA'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 PHA in MERL, another crypto asset. For PHA in US dollars, euro, and 130+ other currencies, use PHA'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.