Odaily News Bitcoin second-layer network Merlin Chain announced that M-Token has been officially launched, with no gas required and completely free of charge. M-Token is a mapped asset generated by users pledging tokens in Merlin Chain. It is used to experience products and interactive protocols in the Merlin Chain ecosystem, improve asset utilization and witness ecological development. Merlin Chain will first start minting M-BTC within 24 hours, and other M-Tokens including M-SATS and M-ORDI will gradually start minting subsequently. It is reported that since Merlin Chain started the main network staking activity, the TVL has exceeded 3.2 billion US dollars in 30 days, including BTC worth 1.95 billion US dollars, 870 million US dollars of BRC-20, Bitmap and other Bitcoin network native assets, and 420 million US dollars worth of TVL. USD Ethereum, stablecoins and other assets. With the launch of M-Token, more than $3.2 billion in liquidity is about to be released.