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Merkle Trade MKL Logo
Merkle Trade MKL
$0.11167 2.04%
OG Score 0
Reviews 0
Merkle Trade MKL Logo

Merkle Trade MKL Price

$0.11167 2.04%
Low All Time High
$0.053101 $0.46655

Introduction

Merkle Trade offers gamified perpetual futures trading with low entry barriers on the Aptos blockchain. More

OG Score 0
Reviews 0
Market Cap $3.92M
Market Cap Rank # 2617

Token Stats

Fully Diluted Valuation $11.17M
24H Trading Volume $11,447
24H Low / High $0.10 / $ 0.11
Circulating Supply 35.15M
Total Supply 100.00M
Max Supply 100.00M

Info

Categories Aptos Ecosystem 3 more
Founder Anonymous
Website app.merkle.trade
Socials 1 more
Chains Aptos Ecosystem
Explorer Tracemove 2 more
Contracts Merkle Trade 0x5ae....::MKL

MKL/USD Price Chart

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$MKL Community Sentiment

OG Evaluation

OG Score

OG Score Rank #NA
Reviews 0
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 0 .00
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 0 .00
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 0 .00
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 0 .00
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 0 .00
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 0 .00
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

Merkle Trade $mkl User Reviews

What Crypto OGs are Saying About Merkle Trade

$mkl Markets

Name Pair OG Score

About Merkle Trade $mkl

What is Merkle Trade (MKL)?

Merkle Trade stands at the forefront of decentralized finance (DeFi) innovation, integrating perpetual futures trading with a gamified approach on the Aptos blockchain. Here's an in-depth exploration of what Merkle Trade brings to the table:

Project Overview:

Gamified Perpetual Futures: Merkle Trade distinguishes itself by gamifying the trading experience. It introduces elements like Experience Points (XP), levels, and loot boxes into the high-stakes world of perpetual futures, making trading not only a financial activity but also an engaging game.

Low-Entry Barrier: Unlike many DeFi platforms that require significant initial investment, Merkle Trade allows users to start trading with as little as $2 in collateral. This low barrier to entry aims to democratize access to trading markets.

One-Click Trading: The platform simplifies the trading process with features that minimize interaction, such as one-click trading, which reduces the complexity often associated with DeFi transactions.

Omnichain Support: Merkle Trade supports cross-chain transactions, integrating with Ethereum Virtual Machine (EVM) wallets via LayerZero, which means users can trade across different blockchain ecosystems seamlessly.

Security and Performance: Built on Aptos, Merkle Trade leverages its high-performance, secure blockchain for fast, cost-effective transactions, enhancing user experience in terms of speed and cost efficiency.

Use Cases:

Retail Trading: Merkle Trade opens up the world of perpetual futures to retail investors by combining traditional financial instruments with DeFi's accessibility and blockchain's transparency.

Gamification Incentives: Traders can earn rewards by participating in trading "seasons," where their activity translates into XP, unlocking achievements, and potentially receiving tokens or other incentives. This model encourages consistent engagement with the platform.

Community Building: The gamified elements foster a vibrant community, where traders not only compete but also share strategies, tips, and engage in the development of the platform through a governance model.

Educational Tool: For newcomers to DeFi or trading, Merkle Trade serves as an educational platform where they can learn by doing, thanks to the low entry costs and the gamified learning curve.

Technological Foundations:

Aptos Blockchain: Merkle Trade utilizes the Aptos blockchain, which is designed for speed, scalability, and security, crucial for handling the high throughput of trading activities.

LayerZero Protocol: This enables Merkle Trade to offer cross-chain capabilities, enhancing its interoperability and user experience by allowing assets from different chains to interact.

Philosophy and Vision:

Merkle Trade aims to redefine the DeFi trading landscape by making it more inclusive, engaging, and user-friendly. It's not just about providing a platform for trading but about creating an ecosystem where trading is part of a broader, more entertaining financial experience.

What is unique about Merkle Trade (MKL)?

Merkle Trade uniquely combines the high-risk/high-reward nature of perpetual futures with gamification, offering a low entry point and cross-chain trading.

Who are the founders of Merkle Trade (MKL)?

The founders of Merkle Trade include Patrick (CTO) and YK (Business & Operations), but detailed information on the full founding team isn't extensively publicized.

Who are the backers/investors of Merkle Trade (MKL)?

Merkle Trade has been backed by notable investors like Hashed and Arrington Capital.

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