MERLMerlin chain प्राइस

On October 6, the Solana Foundation announced the launch of Solana DvP (Delivery-versus-Payment), an open-source custody program aimed at financial institutions, providing a Solana-based Delivery-versus-Payment (DvP) settlement API. Released under the MIT license, Solana DvP aims to introduce the settlement certainty required by financial institutions into public chain infrastructure, enabling atomic settlement, isolated custody, and deadline control through standardized solutions. The Solana Foundation stated that previously, institutions relied on customized smart contracts for on-chain transaction settlements, while Solana DvP seeks to replace this model with a unified standard. J.P. Morgan provided insights on institutional settlement practices and needs to the Solana Foundation. The Solana Foundation indicated that this project combines J.P. Morgan's experience in securities settlement with Solana's performance in tokenizing real-world assets. Solana DvP serves as a foundational mechanism for securities settlement, ensuring that assets and cash are transferred simultaneously, thereby eliminating principal risk. Traditional markets often require multiple stages involving clearing houses, depository institutions, and custodians, with settlements taking several days and tying up funds. In contrast, Solana DvP aims to compress this process into a single atomic transaction, where assets and funds are settled simultaneously, or the transaction will not be completed, achieving finality in seconds. Solana DvP supports SPL Tokens and Token-2022, as well as regulatory features required by issuers, such as permanent authorization, pausable tokens, and Transfer Hooks. Any two trading counterparties can use this program through settlement agents like banks, custodians, or trading platforms. The Solana Foundation stated that Solana DvP has completed external security audits and is now ready for real fund usage, with plans to further incorporate privacy features to ensure confidential transaction settlements. The Solana Foundation is currently recruiting design partners and early participants in preparation for the official launch.

Merlin Chain announced the addition of BTC collateral vault Vault 2, increasing the total collateral limit from 50 BTC to 100 BTC to meet the participation needs of community users after the rapid sell-out of the first phase. The current annualized return on BTC collateral is up to 21%, with rewards expected to be distributed in early October 2025.

The market shows MERL has broken through $0.5 and is currently priced at $0.5098, with a daily increase of 21.93%. The market is volatile, please manage risk control.