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

Ask about MERLIN DEX
Logo of MERLIN DEXMERLIN DEX(MAGE)
Total Value Locked$0

TVL by Chain

ZKsync Era$0

Key Metrics

Fees (Annualized)$13,793
Cumulative Fees$718

ZKsync Era$718

Revenue (Annualized)$6,205
Cumulative Revenue$34

ZKsync Era$34

Holders Revenue (Annualized)$6,492
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'.

CategoryDexs

Sub Category: AMM

Audits:

Twitter

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: Drained Contracts

Chains: zkSync Era

Target Type: DeFi Protocol

Competitors

PancakeSwap AMM ($1.801b)Uniswap V3 ($1.48b)PancakeSwap AMM V3 ($293.17m)SyncSwap ($8.58m)Bridgers ($1.58m)iZiSwap ($1.5m)SpaceFi zkSync ($1.23m)Maverick V1 ($1.1m)Koi Finance AMM ($1.08m)KyberSwap Classic ($1m)