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#MerlinTradingCompetition The #MerlinTradingCompetition, hosted by PancakeSwap in collaboration with Merlin Layer 2, took place from March 26 to April 14, 2025, offering a $50,000 prize pool to incentivize trading of the $MERL token. The competition featured $45,000 in tiered lucky prizes for web traders and an additional $5,000 dedicated to Telegram Swap Bot participants.

This event followed PancakeSwap's successful $75,000 EOS Network trading competition, highlighting the platform's commitment to engaging the DeFi community through rewarding trading activities.

Merlin Chain, a Bitcoin Layer 2 network, has been gaining traction, with its mainnet staking event accumulating over $3 billion in total value locked (TVL) and more than 1.2 million transactions on its pilot mainnet in a single week. The collaboration with PancakeSwap for the trading competition aimed to further boost $MERL's visibility and adoption within the DeFi ecosystem.

Participants could trade $MERL on PancakeSwap's platform, with the competition designed to reward both web and bot traders, reflecting the growing integration of AI and automation in decentralized finance.

As the DeFi landscape continues to evolve, events like the #MerlinTradingCompetition underscore the importance of strategic partnerships and community engagement in driving the adoption of emerging blockchain technologies.