DEXs play a critical role within a network’s ecosystem, allowing users to provide liquidity and trade various assets. However, swapping different assets within the Bitcoin ecosystem poses a challenge to new users coming from other networks. 

Since the value of different assets is inscribed to units of Bitcoin, popular assets are traded much like NFTs, which adds further friction and liquidity issues for buyers and sellers. Existing DEXs are also not very intuitive for newcomers to the Bitcoin ecosystem or are unable to accommodate precise trade execution, leading to inefficient trading. But what if there was a way for users to easily trade and provide liquidity more efficiently, helping users to earn more in the process?

Introducing MerlinSwap.

In a nutshell, MerlinSwap is a DEX that provides efficient transactions of Bitcoin-based assets for both traders and liquidity providers, housed in a simple-to-use CEX-like interface.

Utilizing the DL-AMM model developed by iZUMi Finance, MerlinSwap allows users to precisely distribute liquidity across particular price points rather than spreading it across a price range. This allows liquidity providers to deploy their capital at specific prices with higher activity, helping them to provide liquidity more efficiently and earn more trading fees. On the other end, traders receive lower slippage and more accurate price quotes, allowing them to get the best price for their assets.

Moreover, MerlinSwap’s DL-AMM also supports adaptive liquidity mining, where users can incorporate dual-sided incentives across any price range. This makes it easier for providers to switch between different LP strategies to earn more fees and rewards.

Furthermore, by adopting Merlin Chain as the primary network, traders can take advantage of the network’s lower transaction fees, allowing for more frequent and gas-efficient trades. 

From a user perspective, MerlinSwap offers a CEX-like trading experience that is both familiar intuitive for crypto newbies and veterans. MerlinSwap can also be easily accessed through both Bitcoin and EVM wallets, thus exposing the Bitcoin ecosystem to a much larger audience.

MerlinSwap is currently gearing up for the TGE of its native token, MP, which airdropped to the protocol's community. In their latest announcement, MerlinSwap has outlined the tokenomics of MP and how they would be distributed for each specific use.

The MerlinSwap airdrop will be distributed to loyal members of the MerlinSwap community in the form of esMP, which will linearly unlock over a 30-day period. The initial airdrop will go to eligible MerlinSwap users who have traded or provided liquidity on the platform.

On the other hand, the MerlinSwap public sale will be the first IDO to be held on Merlin Starter, the first native launchpad on Merlin Chain. 1.26B tokens will be available for purchase at a price of 0.001U at a valuation of $21M. The public can participate in the sale using existing tokens within the Merlin Chain ecosystem, such as BTC, M-BTC (Merlin-staked BTC), HUHU, and VOYA.

Finally, 24% of the token supply will also be used as trading rewards for new and existing users. After the token’s launch, MerlinSwap will host a 12-month-long Trade-to-Earn program where traders can earn additional esMP rewards simply by performing swaps on the platform.

With an array of features powered by the MerlinSwap, Bitcoin and EVM users can simply dive into the Bitcoin ecosystem and start trading and providing liquidity more efficiently. Using MerlinSwap’s DL-AMM, users can get the most out of their capital, helping them to earn more fees and rewards. 

All of this is wrapped up in a simple CEX-like interface that makes trading Bitcoin assets accessible to both native and EVM ecosystem users. Newcomers can skip the high fees and confusing interfaces of other Bitcoin DExs and let MerlinSwap provide an easier way to trade efficiently like the pros.

As the attention surrounding Ordinals and the overall Bitcoin ecosystem continues to heat up, MerlinSwap is poised to solidify its position as the top Bitcoin DEX in terms of TVL and volume, attracting even more liquidity and promoting more efficient trades that benefit users.

DEXs play a critical role within a network’s ecosystem, allowing users to provide liquidity and trade various assets. However, swapping different assets within the Bitcoin ecosystem poses a challenge to new users coming from other networks. 

Since the value of different assets is inscribed to units of Bitcoin, popular assets are traded much like NFTs, which adds further friction and liquidity issues for buyers and sellers. Existing DEXs are also not very intuitive for newcomers to the Bitcoin ecosystem or are unable to accommodate precise trade execution, leading to inefficient trading. But what if there was a way for users to easily trade and provide liquidity more efficiently, helping users to earn more in the process?

Introducing MerlinSwap.

In a nutshell, MerlinSwap is a DEX that provides efficient transactions of Bitcoin-based assets for both traders and liquidity providers, housed in a simple-to-use CEX-like interface.

Utilizing the DL-AMM model developed by iZUMi Finance, MerlinSwap allows users to precisely distribute liquidity across particular price points rather than spreading it across a price range. This allows liquidity providers to deploy their capital at specific prices with higher activity, helping them to provide liquidity more efficiently and earn more trading fees. On the other end, traders receive lower slippage and more accurate price quotes, allowing them to get the best price for their assets.

Moreover, MerlinSwap’s DL-AMM also supports adaptive liquidity mining, where users can incorporate dual-sided incentives across any price range. This makes it easier for providers to switch between different LP strategies to earn more fees and rewards.

Furthermore, by adopting Merlin Chain as the primary network, traders can take advantage of the network’s lower transaction fees, allowing for more frequent and gas-efficient trades. 

From a user perspective, MerlinSwap offers a CEX-like trading experience that is both familiar intuitive for crypto newbies and veterans. MerlinSwap can also be easily accessed through both Bitcoin and EVM wallets, thus exposing the Bitcoin ecosystem to a much larger audience.

MerlinSwap is currently gearing up for the TGE of its native token, MP, which airdropped to the protocol's community. In their latest announcement, MerlinSwap has outlined the tokenomics of MP and how they would be distributed for each specific use.

The MerlinSwap airdrop will be distributed to loyal members of the MerlinSwap community in the form of esMP, which will linearly unlock over a 30-day period. The initial airdrop will go to eligible MerlinSwap users who have traded or provided liquidity on the platform.

On the other hand, the MerlinSwap public sale will be the first IDO to be held on Merlin Starter, the first native launchpad on Merlin Chain. 1.26B tokens will be available for purchase at a price of 0.001U at a valuation of $21M. The public can participate in the sale using existing tokens within the Merlin Chain ecosystem, such as BTC, M-BTC (Merlin-staked BTC), HUHU, and VOYA.

Finally, 24% of the token supply will also be used as trading rewards for new and existing users. After the token’s launch, MerlinSwap will host a 12-month-long Trade-to-Earn program where traders can earn additional esMP rewards simply by performing swaps on the platform.

With an array of features powered by the MerlinSwap, Bitcoin and EVM users can simply dive into the Bitcoin ecosystem and start trading and providing liquidity more efficiently. Using MerlinSwap’s DL-AMM, users can get the most out of their capital, helping them to earn more fees and rewards. 

All of this is wrapped up in a simple CEX-like interface that makes trading Bitcoin assets accessible to both native and EVM ecosystem users. Newcomers can skip the high fees and confusing interfaces of other Bitcoin DExs and let MerlinSwap provide an easier way to trade efficiently like the pros.

As the attention surrounding Ordinals and the overall Bitcoin ecosystem continues to heat up, MerlinSwap is poised to solidify its position as the top Bitcoin DEX in terms of TVL and volume, attracting even more liquidity and promoting more efficient trades that benefit users.