Merlins Seal

BridgesRank #84 among all tracked protocolsNot counted in our DeFi value locked headline (bridge)Official website Updated 23 Oct, 19:41 UTC

$430.5M +0.5%24hValue locked

Value locked
$430.5M
7 days
+0.1%
30 days
−4.4%
Fees per day
–7-day average
Chains
1

About Merlins Seal

Merlin's Seal is an event associated with the Merlin Chain, focusing on the fair launch of its governance token, $MERL.

As of 23 Oct 2026, Merlins Seal holds $430.5M in value locked on Bitcoin, which ranks it #84 among all the protocols we track. Thirty days ago it ranked about #82. Among bridges it ranks #23 of 120 with 0.6% of the sector, between World Chain Bridge ($464.3M) and Nexus BTC ($336.9M). Its value locked is up 0.1% over seven days and down 4.4% over 30 days.

Merlins Seal value locked, daily, 25 Jul 2026 to 23 Oct 2026

Value locked by chain

Largest bridges

Full sector
#ProtocolChainsValue locked7dFees/day
1LayerZero V2Polygon, Ethereum +59$16.34B+44.7%$10.76K
2WBTCBitcoin$9.49B+0.1%–
3Coinbase BridgeBitcoin, Ripple +3$8.04B+1.5%–
4Hyperliquid BridgeHyperliquid L1, Arbitrum$6.73B−0.2%–
5Binance BitcoinBitcoin$5.55B+0.1%–
6Arbitrum BridgeEthereum$3.36B−4.0%–
7USDT0Ethereum$3.18B+1.2%–
8Base BridgeEthereum$2.93B+0.5%–

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