Merkle Trade (MKL)

Overview

Merkle Trade (MKL) market snapshot: Price $0.060316, market capitalization $6.03M, and reported 24-hour volume $2.

Trading activity: Reported 24-hour volume equals 0.00% of market capitalization. The local markets snapshot lists LiquidSwap V0.5 among venues with observed trading activity.

YearBull indicators: Bull Score 0/100. YB Market Risk —. This relative market-volatility label is not an investment-safety assessment. Observed price change: 24h 0.00% · 7d 0.00% · 30d 0.00%.

Values are descriptive and should be read together rather than as a price forecast. Read the YearBull methodology. Snapshot date: 2026-05-20. Data history: 90 days available in the latest 90-day window.

Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.

What is Merkle Trade (MKL)?

Source description

“Merkle Trade is the first gamified perpetual futures decentralized exchange (DEX) based on Aptos. It provides omnichain support, including EVM wallet integration via LayerZero. Backed by prominent investors like Hashed and Arrington Capital, Merkle Trade uniquely combines a high-performance, secure perpetual DEX with the engaging, social elements of popular online and RPG games. Believing that making directional bets on volatile assets like crypto should be fun for all, the platform has significantly lowered the barriers to entry for leverage trading crypto, commodities, and forex. In 10 months, Merkle Trade has amassed over $13.5 billion in cumulative trading volume and attracted more than 125,000 traders.”

This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.

Merkle Trade (MKL) project facts

  • Source tags: Decentralized Finance (DeFi), Derivatives, Perpetuals, Aptos Ecosystem
  • Recorded networks: Aptos

Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.

Merkle Trade metric comparison

This comparison is a stored snapshot generated 2026-10-23 06:30 UTC from 137 daily observations available from 2025-12-30 through 2026-05-20. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.

MetricSnapshot30d before90d beforeChange vs 30dUniverse percentile
Price$0.0603$0.0603$0.06060.0%n/a
Market cap$6.03M$6.03M$6.05M0.0%P79.8
YearBull Rankn/a#3,157#605n/an/a
Bull Scoren/a55/10087/100n/an/a
Turnover0.00%0.00%0.00%0.0 ptsP0.7
YB Market Riskn/aLowLown/an/a
Cyclen/aEarlyEarlyn/an/a

Median absolute daily movement 0.90%; distance from the highest local daily price -20.6%; circulating supply change 0.0%. These measurements are descriptive and do not predict future direction.

YearBull Rank on this page

Most recent YearBull Rank reading for merkle-trade is #3157.

Rank timeline (last 365 days)

Rank movement (time windows).

Reading rule: lower is better in this ranking.

  • 7d window: no reference point available.
  • 30d window: no reference point available.

Phase read: If both windows align, the direction is clearer. a stable phase often tightens the rank range.

Liquidity note: If the curve improves and holds, it is usually more structural. bursty volume can create temporary re-ordering.

Trading footprint: If the line breaks range, confirm it across a longer window. changes can follow how the coin is routed across markets.

Volatility posture: If you see repeated snap-backs, assume sensitivity to one factor. big jumps can be data-driven, but also rotation-driven.

YearBull Rank is a comparative ordering used on YearBull to place a coin versus others using a consistent set of inputs. A smaller rank number indicates a stronger position at that moment.

Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy
Research context

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Merkle Trade (MKL) Markets

Venue refresh pending. Markets last checked: 2026-04-01. The next refresh is queued in the hourly updater. Venue listings and volumes are stored snapshots, not live quotes.
Current YearBull daily analytics are not available for this asset yet; market listings have separate freshness.
Exchange Top Pair Stored 24h volume (snapshot) Trust Rank
LiquidSwap V0.5 MKL/USDC $1 #631

Listings are ordered by reported snapshot volume. Trust Rank is an external venue-quality indicator; it is not an endorsement or a solvency guarantee.