This protocol rug pulled user funds, their website is down.

Logo of MERLIN DEXMERLIN DEX(MAGE)Deprecated protocol
Total Value Locked$0

TVL by Chain

ZKsync Era$0

Key Metrics

Fees (Annualized)$178,057.24
Fees 30d$866

Merlin$866

Cumulative Fees$108,528

Merlin$107,810

ZKsync Era$718

Revenue (Annualized)$178,057.24
Revenue 30d$866

Merlin$866

Cumulative Revenue$107,844

Merlin$107,810

ZKsync Era$34

Holders Revenue (Annualized)$6,491.79
Cumulative Holders Revenue$249

ZKsync Era$249

Cumulative DEX Volume$241,077
Cumulative DEX Volume by chain

ZKsync Era$241,077

Protocol Information

Merlin is an immutable, permission-less and community centric DEX built on ZkSync with a goal to solve what might be called the “liquidity problem”. We achieve this by creating a liquidity environment that is robust and efficient. Consequently allowing builders and users to leverage our infrastructure for deep & readily accessible liquidity. Merlin's vision is to surpass current DEX offerings and, as the first of its kind on ZkSync, set a precedent for the standards required to become the beacon of liquidity of this ecosystem and provide 'True Yields'.

Category:Dexs

Sub Category: AMM

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHub

Hacks

Date: Apr 25, 2023

Amount: $1.82m

Classification: Rugpull

Technique: Admin Drain

Chains: zkSync Era

Target Type: DeFi Protocol

Frequently Asked Questions

What is MERLIN DEX's TVL?

MERLIN DEX currently has $0 in total value locked.

What chains does MERLIN DEX operate on?

MERLIN DEX operates on ZKsync Era.

How much has MERLIN DEX generated in fees and revenue?

Over the past 30 days, MERLIN DEX generated $866 in fees. Of that, $866 was protocol revenue. Based on the trailing year, the annualized rate is $178,057.24 in fees and $178,057.24 in revenue.

Has MERLIN DEX ever been exploited?

MERLIN DEX has 1 recorded security incident. The most recent incident occurred on Apr 25, 2023 and involved $1.82m. It was classified as Rugpull.