DeFi on Merlin
7 of the DeFi protocols we track hold $85.59M on Merlin. Bedrock is the largest with $75.43M there, 88% of the chain's total. For 1 protocols, Merlin is their largest deployment.
- Value locked on Merlin
- $85.59M
- Protocols deployed
- 7
- Main chain for
- 1
Largest protocols on Merlin
All protocols on Merlin
| # | Protocol | On chain | Sector | TVL | 7d | Fees 24h |
|---|---|---|---|---|---|---|
| 1 | $75.43M | Anchored BTC | $406.7M | +0.8% | $123 | |
| 2 | $8.71M | DEXs | $8.02M | +1.1% | – | |
| 3 | $1.10M | Basis trading | $918.0M | 0.0% | $86.71K | |
| 4 | $185.1K | Bridges | $8.02M | -0.8% | $4.41K | |
| 5 | $151.9K | Yield | $252.4M | +5.0% | $0 | |
| 6 | $4.77K | DEXs | $2.71M | -0.7% | $29 | |
| 7 | $3.80K | Launchpads | $4.82M | +0.7% | $17.34K |
On Merlin is the value a protocol holds on this chain; TVL is its total across every chain. 7-day change and fees are for the whole protocol.
TVL, fees and categories from DefiLlama, collected by the BitcoinValues data desk. Updated 4 Oct 2026, 18:23 UTC. Methodology