Merlin Chain 成為 DeFi 巨頭，獲得 9.8 億美元的 TVL

Merlin Chain 是最近推出的比特幣第2 層網絡，已在8 個dapp 中吸引了近10 億美元的總鎖定價值(TVL)，其中TVL 在4 月23 日飆升至9.8 億美元。 Runes 協議構建，使用zk-rollups高效的鏈下交易結算，並支援利用 BRC-20 協議的比特幣代幣。

Merlin Chain Emerges as a Powerhouse in Bitcoin's Evolving DeFi Landscape

Merlin Chain 成為比特幣不斷發展的 DeFi 格局中的強大力量

Merlin Chain, a groundbreaking Layer 2 network for Bitcoin, has garnered immense traction in its nascent phase, amassing a staggering $980 million in total value locked (TVL) across its supported decentralized applications (dapps). This remarkable surge, witnessed over a mere 8-week period, propels Merlin to the forefront of Bitcoin's rapidly expanding decentralized finance (DeFi) ecosystem.

Merlin Chain 是比特幣的突破性第2 層網絡，在其新生階段就獲得了巨大的吸引力，在其支持的去中心化應用程序(dapp) 中積累了驚人的9.8 億美元鎖定總價值(TVL )。在短短 8 週的時間裡見證了這一顯著的飆升，將 Merlin 推到了比特幣快速擴張的去中心化金融 (DeFi) 生態系統的最前沿。

Merlin's meteoric rise is attributed to its innovative approach in supporting Bitcoin tokens leveraging the Ordinals and Runes protocols. Ordinals, which gained prominence last year, revolutionized the Bitcoin ecosystem by introducing non-fungible tokens (NFTs) directly onto the blockchain. This innovation sparked a resurgence in the NFT market, with Bitcoin NFTs accounting for over 50% of total NFT trading volume in recent months.

Merlin 的迅速崛起歸功於其利用 Ordinals 和 Runes 協議支持比特幣代幣的創新方法。去年備受矚目的 Ordinals 透過將不可替代代幣（NFT）直接引入區塊鏈，徹底改變了比特幣生態系統。這項創新引發了 NFT 市場的復甦，近幾個月來，比特幣 NFT 佔 NFT 總交易量的 50% 以上。

Building on the success of Ordinals, the Runes protocol introduced a fungible token standard for Bitcoin, known as BRC-20, mirroring the widely adopted ERC-20 standard on Ethereum. Recognizing the potential of BRC-20 and similar protocols, Merlin aims to enhance the scalability and efficiency of Bitcoin-based tokens.

在 Ordinals 成功的基礎上，Runes 協議引入了比特幣的可替代代幣標準，稱為 BRC-20，反映了以太坊上廣泛採用的 ERC-20 標準。 Merlin 認識到 BRC-20 和類似協議的潛力，旨在提高基於比特幣的代幣的可擴展性和效率。

Through the utilization of zero-knowledge (zk) rollups, Merlin enables the off-chain settlement of transactions, mirroring the approach employed by Polygon on Ethereum. This innovative architecture optimizes network performance, reducing transaction costs and latency.

透過利用零知識 (zk) 匯總，Merlin 可以實現鏈下交易結算，這與 Polygon 在以太坊上採用的方法類似。這種創新架構優化了網路效能，降低了交易成本和延遲。

Merlin Secures Over $2 Billion for Token Launch

Merlin 為代幣發行籌集了超過 20 億美元資金

On April 19, Merlin launched its much-anticipated governance token, MERL, on the BRC-20 network. To facilitate a fair distribution of MERL, the protocol organized a "Merlin's Seal" event, inviting investors to stake Bitcoin and other crypto assets to earn M-points. The allocation of MERL tokens was subsequently determined based on the M-points accrued.

4 月 19 日，Merlin 在 BRC-20 網路上推出了備受期待的治理代幣 MERL。為了促進MERL的公平分配，協議組織了「Merlin's Seal」活動，邀請投資者質押比特幣和其他加密資產來賺取M積分。隨後根據累積的 M 積分確定 MERL 代幣的分配。

DefiLlama data reveals that Merlin's Seal event garnered an impressive $2 billion in staked crypto assets, with Bitcoin accounting for over 80% of the total. Other staked assets included BRC-20 tokens such as STONE, SATS, ORDI, and RATS.

DefiLlama 數據顯示，Merlin 的 Seal 事件獲得了高達 20 億美元的質押加密資產，其中比特幣佔總數的 80% 以上。其他質押資產包括 BRC-20 代幣，例如 STONE、SATS、ORDI 和 RATS。

A Contender in the DeFi Arena

DeFi 領域的競爭者

Merlin's stellar performance has propelled it to the 10th spot among DeFi chains ranked by TVL, surpassing established players like Polygon and OP. This rapid ascent underscores Merlin's pivotal role in the burgeoning Bitcoin DeFi landscape.

Merlin 的出色表現使其在 TVL 排名的 DeFi 鏈中排名第十，超過了 Polygon 和 OP 等老玩家。這種快速上升凸顯了 Merlin 在蓬勃發展的比特幣 DeFi 領域的關鍵作用。

As Bitcoin continues to evolve, Merlin Chain positions itself as a catalyst for innovation and growth within the ecosystem. Its unique capabilities and unwavering commitment to scalability and efficiency make it a strong contender in the rapidly expanding realm of DeFi on Bitcoin.

隨著比特幣的不斷發展，Merlin Chain 將自己定位為生態系統內創新和成長的催化劑。其獨特的功能以及對可擴展性和效率的堅定承諾使其成為快速擴張的比特幣 DeFi 領域的有力競爭者。