TechFlow reported on March 20 that MerlinStarter, the first Launchpad platform in the Merlin ecosystem, announced its first IDO project, MerlinSwap, will launch on March 25. The project will issue 6% of its total token supply, accessible via $BTC, $M-BTC, $HUHU, and $VOYA, with an initial market cap of $21 million.
MerlinSwap is currently ranked first in TVL, trading volume, and DAU among DEXs in the Bitcoin ecosystem. It aims to become the liquidity hub for BTC and Bitcoin-based assets, including BRC20, BRC420, and native tokens from the Merlin Bitcoin Layer2.
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