Bridge
Merlins Seal
Total TVL
$379.20M
Active pools
0
Chains supported
4
Official site: https://merlinchain.io/bridge/staking ↗
Overview
Merlins Seal is a bridge protocol that facilitates the transfer of assets between different blockchain networks, enabling users to move their tokens across various ecosystems seamlessly. The protocol generates value for participants through staking rewards and transaction fees.
The protocol holds $463M in TVL on Bitcoin alone; no other chains are active within the data set. This concentration solely on Bitcoin implies a high degree of risk associated with that specific network's performance and security.
No public audit references are available, indicating limited third-party verification of the codebase or smart contracts. The market cap stands at $36.9M, which is significantly lower than the TVL, suggesting that the protocol’s native token may not fully reflect its operational scale or perceived risk profile.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
FAQ
› What is Merlins Seal?
Merlin's Seal is an event associated with the Merlin Chain, focusing on the fair launch of its governance token, $MERL. Users stake assets to earn M-points, which are then used to determine the distribution of $MERL rewards
› How much TVL does Merlins Seal have?
Merlins Seal has $379.20M in total value locked across all supported chains as of the last refresh.
› How many active pools does Merlins Seal have?
We currently track 0 active pools for Merlins Seal.
› Is Merlins Seal audited?
Audit information is not available in our data. Always check the protocol's official documentation before depositing.
See our methodology for how this data is collected.