Merlin Chain Token Unlock Schedule
Track MERL token unlocks and vesting releases for Merlin Chain. View upcoming unlock dates, cliff schedules, and circulating supply impact.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateApril 1, 2024
Vesting End DateApril 1, 2028
Unlock Events Remaining18 of 49
Vesting Progress
69%
0%100%
Merlin ChainMERL
Next Unlock Nov 1, 2026
06Days
22Hours
47Min
02Sec
- USD Value
- $1.1M
- Tokens
- 38.6M
- % of Supply
- 1.8%
- % of MCAP
- 2.7%
Unlock Recipients
- Private Investors21.0%
- Insiders14.9%
- Community18.8%
- Foundation45.3%
MERL Unlock Schedule Details
Detailed breakdown of all scheduled MERL token unlocks
MERL Price & Unlock History
Track historical unlock events and their impact on price
Price Impact of Past MERL Unlocks
The worst price drop in the 14 days after each MERL unlock.
MERL Token Unlock FAQ
Key questions and answers about Merlin Chain token unlocks and vesting schedule
What is the MERL token unlock schedule?
Merlin Chain's token unlock schedule spans from April 1, 2024 to April 1, 2028 (~48 months), releasing a total of 2,100,000,000 MERL tokens across 49 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 68.7% of all tokens have been unlocked.
- TGE date: April 1, 2024
- Final unlock: April 1, 2028
- Total unlock events: 49
- Vesting duration: ~48 months
- Initial float: 0%
- Currently unlocked: 68.7%
What is the total supply and circulating supply of MERL?
MERL has a total supply of 2,100,000,000 tokens. As of October 2026, approximately 100% (2,100,000,000 tokens) are in circulation per market data, while 31.3% (656,305,417 tokens) remain locked per the vesting schedule.
- Total supply: 2,100,000,000 MERL
- Circulating (market): 2,100,000,000 (100%)
- Locked per schedule: 656,305,417 (31.3%)
When is the next MERL token unlock?
The next MERL token unlock is scheduled for November 1, 2026 (in 7 days), releasing 38,632,708 tokens (1.8% of total supply). This unlock represents 2.7% of Merlin Chain's current market cap.
- Date: November 1, 2026 (in 7 days)
- Amount: 38,632,708 MERL
- % of total supply: 1.8%
- % of market cap: 2.7%
Recipient breakdown for this unlock:
- Foundation: 45.3%
- Investors: 21%
- Community: 18.8%
- Insiders: 14.9%
How do MERL token unlocks affect the price?
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming MERL unlock releases 2.7% of market cap worth of tokens on November 1, 2026. In total, 18 upcoming unlocks will release 656,305,411 tokens (31.3% of total supply).
- Largest unlock: 2.7% of market cap on November 1, 2026
- Largest unlock size: 1.8% of total supply
- Remaining unlocks: 18 events
- Remaining tokens to unlock: 656,305,411 MERL (31.3%)
Larger unlocks relative to market cap tend to generate stronger selling pressure. Unlocks going to investors and insiders are often considered higher-risk for price impact than those going to community or ecosystem pools.
Who receives MERL token unlocks?
MERL token unlocks are distributed to 5 groups: Foundation, Community, Private Investors, Insiders, and Public Investors. The largest allocation (40%) goes to Foundation.
Foundation (40%) — 840,000,000 MERL:
- Ecosystem: 40% (48 Month Linear Vesting)
Community (36.6%) — 767,970,000 MERL:
- Merlin's Seal: 20% (50% at TGE. Remaining released over 5 months: 25%, 12.5%, 6.25%, 3.125%, 3.125%)
- Community: 16.6% (48 Month Linear Vesting)
Private Investors (15.2%) — 319,830,000 MERL:
- Private Sale B: 13.9% (12 Month Cliff, 36 Month Linear Vesting)
- Private Sale A: 1.3% (6 Month Cliff, 18 Month Linear Vesting)
Insiders (7.2%) — 151,200,000 MERL:
- Team: 4.2% (24 Month Cliff, 24 Month Linear Vesting)
- Advisors: 3% (6 Month Cliff, 30 Month Linear Vesting)
Public Investors (1%) — 21,000,000 MERL:
- Public Sale: 1% (50% at TGE. Remaining released over 5 months: 25%, 12.5%, 6.25%, 3.125%, 3.125%)
When will all MERL tokens be fully vested?
All MERL tokens will be fully vested by April 1, 2028 approximately 17 months from now. Currently 68.7% of the total supply has been released, with 31.3% (656,305,417 tokens) remaining across 18 future unlock events.
- Released: 68.7% (1,443,694,583 MERL)
- Remaining: 31.3% (656,305,417 MERL)
- Final vesting date: April 1, 2028
- Time remaining: ~17 months
- Remaining events: 18
