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$MERL Binance has announced the launch of a new trading competition in collaboration with the Merlin project, where a total of 9,840,000 MERL tokens will be distributed as rewards within the event taking place through the Binance Alpha platform and Binance wallet (non-custodial). The competition starts on May 20, 2025, at 09:00 AM UTC and lasts until June 3, 2025, at the same time. The ranking mechanism is based on the total volume of MERL token purchases by each user during the campaign period, with the top 10,000 participants sharing the rewards equally, amounting to 984 MERL tokens each.