MerlinSwap, a DEX platform of the Merlin Chain, breaks $1 million in TVL, with a daily transaction volume peaked at $70 million. MerlinSwap leads TVL on Merlin Chain and has become the biggest DEX in the Bitcoin ecosystem.
MerlinSwap is a DEX empowered by Discretized Liquidity AMM design, allowing users to place limit orders in a decentralized manner. Previously, MerlinSwap has completed the community IDO round, raising a total of $480 million in funding. It aims to provide capital-efficient liquidity services for the whole Bitcoin ecosystem.