MERL$0.02741-8.48%Market Cap$37.84M
Circulating Supply1,391,178,548
Total Supply2,100,000,000
WebsiteWebsiteWhitepaper
Explorersscan.merlinchain.io
MERL$0.02741-8.48%Open Interest-8.30%$12.31M
Futures Volume+7.92%$14.55M
Liquidation+1013.81%$37.37K
Long Liquidation+2170.23%$36.10K
Short Liquidation-33.48%$1.27K
MERL Long/Short All0.931
Binance Long/Short0.828
OKX Long/Short0.751
Bybit Long/Short0.806
Hyperliquid Long/Short0.589
Funding Rate
MERL OI-Weighted (4h)+0.0043%
Binance MERL/USDT (4h)+0.0050%
OKX MERL/USDT (4h)+0.0050%
Bybit MERL/USDT (8h)-0.0044%
Hyperliquid MERL/USD (1h)+0.0013%
Open Interest (USD)Open interest is the total value of all futures contracts that are currently open — positions traders have entered but not yet closed, liquidated or settled. Learn more →$12.31M
Open Interest (MERL)449.05M MERL
OI Change · 1D—
OI Share · Market—
MERL Open Interest Chart · Perpetual · Aggregated
Open Interesttotal OI · aggregatedMERL priceΔOI +ΔOI −
Loading…
View MERL liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Exchange MERL Open Interest
- MEXC$2.65M
- Binance$1.87M
- BingX$1.65M
- Bitget$1.55M
- OKX$1.26M
- Bybit$1.18M
- KuCoin$754.54K
- WhiteBIT$593.23K
- Hyperliquid$468.66K
- Gate$305.04K
- Others (2)$8.40K
| Exchanges | Open Interest | Change 24h% | Share | |
|---|---|---|---|---|
| ΣAll Exchanges | $12.31M | -8.30% | — | |
| MMEXC | $2.65M | -16.42% | 21.6% | Trade |
| BBinance | $1.87M | -9.70% | 15.2% | Trade |
| BBingX | $1.65M | +23.84% | 13.5% | |
| BBitget | $1.55M | -9.93% | 12.6% | Trade |
| OOKX | $1.26M | -12.00% | 10.3% | Trade |
| BBybit | $1.18M | -11.14% | 9.6% | Trade |
| KKuCoin | $754.54K | -14.14% | 6.1% | Trade |
| WWhiteBIT | $593.23K | -10.64% | 4.8% | |
| HHyperliquid | $468.66K | -4.02% | 3.8% | |
| GGate | $305.04K | -6.60% | 2.5% | Trade |
| AAster | $5.31K | +350.97% | 0.0% | |
| CCoinbase | $3.09K | -60.99% | 0.0% |
Open interest per exchange with share of the combined total and change over the selected window (1h, 4h, 12h or 24h). Heatmap area is proportional to open interest. Values update about every minute.
MERL open interest currently stands at $12.31M aggregated across all tracked exchanges (-8.30% over the past 24 hours). On the most recent hour, open interest is down 2.09%. That compares with $14.55M in 24-hour futures volume — a turnover of roughly 1.2× open interest, one gauge of how actively existing positions are changing hands. Learn more about how open interest works →
Compare open interest across all coins →
About MERL open interest
Merlin Chain open interest (MERL open interest, or MERL OI) is the total value of all MERL perpetual futures contracts currently open, aggregated across every tracked exchange. This page charts it over time against price and splits it venue by venue in the exchange table.
The aggregate sums every major derivatives exchange Coinfuty tracks, drops venues reporting no data, and refreshes continuously, so the total reflects the whole MERL futures market rather than any single order book.
Frequently asked questions
What is MERL open interest right now?
Total MERL futures open interest is $12.31M as of the latest update — down 8.30% in the past 24 hours, aggregated across every exchange Coinfuty tracks.
Which exchange holds the most MERL open interest?
MEXC currently carries the largest MERL futures book at $2.65M — about 22% of the $12.31M total. The exchange table below splits the full figure venue by venue.
Is MERL open interest rising or falling?
Aggregated MERL open interest is down 8.30% over the past 24 hours, standing at $12.31M. The chart above shows the longer trend against price.
How does MERL open interest compare with trading volume?
MERL futures turned over $14.55M in the past 24 hours against $12.31M of open positions — a ratio of about 1.2×. The higher the ratio, the faster exposure is changing hands.
OPEN
SYN
ARKM
SNX
SPK
LPT