MerlinSwap MP

What MP actually is on-chain

MerlinSwap is a contract-issued token at address 0xbd40c74cb5cf9f9252b3298230cb916d80430bba, recorded on scan.merlinchain.io. We do not have a verified chain label for that explorer in our dataset, so we will not name the network here — check scan.merlinchain.io directly and confirm the address matches before interacting with it.

For MP the project publishes a whitepaper and an active account as @MerlinSwap. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MP sits in the market

MerlinSwap ranks #3918, in the upper long tail, past the point where most data providers stop publishing supply figures, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live MP order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted.

MP against its all-time high

MerlinSwap's record high is $0.00965379, set on 2024-04-03. At sub-cent levels a single tick is a large percentage move, so any alert on MP should be expressed in percent rather than in an absolute price step. It was set 3 years ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live MP price — a stale or single-pool number would make that percentage look precise when it is not.

MP across its historical range

The recorded range runs 73.4x, from $0.00013157 to $0.00965379 — wide by the standards of traditional assets, moderate for this one's class.

The record low of $0.00013157 was printed on 2026-05-09 — within the last six months. We have no live quote to measure the current distance from it.

MP supply and valuation data

Supply figures for MP are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $2.8 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one scan.merlinchain.io reports for this contract.

What kind of asset MP is

MerlinSwap is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files MP under 4 categories, including Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Merlin Chain Ecosystem.

How to set a MerlinSwap alert that is worth receiving

MerlinSwap (MP) — high dated 2024-04-03 — rank #3918. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →