Is Merlin Chain (MERL) halal or haram?
Not screened yet
We have not run our Shariah screening on Merlin Chain yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the Bitcoin chain.
The basics
- Where it lives
- token on merlin-chain (also on ethereum, binance-smart-chain)
- Circulating supply
- 2,100,000,000 MERL
- Maximum supply
- 2,100,000,000 MERL
- Category
- Smart Contract Platform, BNB Chain Ecosystem, Ethereum Ecosystem
What it runs, and where its revenue goes
Per DefiLlama on 2026-09-23, Merlins Seal runs one product line: Merlins Seal (Bridge).
DefiLlama does not track revenue to token holders for Merlins Seal.
Figures from DefiLlama. Whether any of this income is permissible is part of our screening.
Who controls the coins
Token on merlin-chain. Its contract was not read: we read Ethereum-style chains and Solana directly. The same coin is deployed on other chains: on Ethereum (0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9), blacklist lets a 2-of-3 multisig wallet (0x2118…fbb3) block or freeze a chosen holder's tokens; on BNB Chain (0xa0c56a8c0692bd10b3fa8f8ba79cf5332b7107f9), blacklist lets a 2-of-3 multisig wallet (0x2118…fbb3) block or freeze a chosen holder's tokens. Whether those are the project's own copies or an unrelated bridge's is checked at screening.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening, and it is checked there.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.