Ask about Merlins Seal · freeTotal Value Locked$354.11m
TVL by Chain
Bitcoin$354.11m
Ethereum$0
Arbitrum$0
Zkfair$0
Key Metrics
Market Cap$44m
$MERL Price$0.031
Fully Diluted Valuation$64.62m
$MERL Volume 24h$4.84m
CEX Volume$3.18m
DEX Volume$2.22m(45.93% of total)
Merlins Seal history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 9, 2024 to Nov 13, 2026.
All-time high TVL: $2.648b on Mar 29, 2024. All-time low TVL: $274.4m on Feb 10, 2024.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $472.82m |
| Oct 16, 2026 | $476.09m |
| Oct 17, 2026 | $430.88m |
| Oct 18, 2026 | $430.75m |
| Oct 19, 2026 | $433.78m |
| Oct 20, 2026 | $430.77m |
| Oct 21, 2026 | $438.11m |
| Oct 22, 2026 | $444.94m |
| Oct 23, 2026 | $428.74m |
| Oct 24, 2026 | $425.69m |
| Oct 25, 2026 | $426.75m |
| Oct 26, 2026 | $422.68m |
| Oct 27, 2026 | $423.02m |
| Oct 28, 2026 | $426.93m |
| Oct 29, 2026 | $428.59m |
| Oct 30, 2026 | $407.41m |
| Oct 31, 2026 | $408.15m |
| Nov 1, 2026 | $409.35m |
| Nov 2, 2026 | $411.55m |
| Nov 3, 2026 | $402.9m |
| Nov 4, 2026 | $404.78m |
| Nov 5, 2026 | $423m |
| Nov 6, 2026 | $400.15m |
| Nov 7, 2026 | $391.35m |
| Nov 8, 2026 | $390.58m |
| Nov 9, 2026 | $386.69m |
| Nov 10, 2026 | $387.09m |
| Nov 11, 2026 | $379.72m |
| Nov 12, 2026 | $381.57m |
| Nov 13, 2026 | $367.56m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $926m |
| Jan 31, 2025 | $966.41m |
| Feb 28, 2025 | $789.43m |
| Mar 31, 2025 | $736.82m |
| Apr 30, 2025 | $832.75m |
| May 31, 2025 | $662.82m |
| Jun 30, 2025 | $685.7m |
| Jul 31, 2025 | $750.49m |
| Aug 31, 2025 | $708.17m |
| Sep 30, 2025 | $740.21m |
| Oct 31, 2025 | $697.33m |
| Nov 30, 2025 | $584.2m |
| Dec 31, 2025 | $563.46m |
| Jan 31, 2026 | $534.35m |
| Feb 28, 2026 | $415.5m |
| Mar 31, 2026 | $413.81m |
| Apr 30, 2026 | $454.23m |
| May 31, 2026 | $439.38m |
| Jun 30, 2026 | $358.9m |
| Jul 31, 2026 | $383.46m |
| Aug 31, 2026 | $416m |
| Sep 30, 2026 | $445.68m |
| Oct 31, 2026 | $408.15m |
| Nov 13, 2026 (latest) | $367.56m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $926m |
| Dec 31, 2025 | $563.46m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/merlins-seal
Frequently asked questions
What is Merlins Seal's TVL?
As of Nov 13, 2026, Merlins Seal has $354.11m in total value locked. TVL has decreased 26.6% over the past 30 days.
What chains does Merlins Seal operate on?
Merlins Seal operates on 4 chains: Bitcoin, Ethereum, Arbitrum, and Zkfair. Bitcoin holds the largest share at 100%.
What is the MERL token price and valuation?
MERL is currently trading at $0.031. Its circulating market capitalization is $43.97m, ranking it #619. Its fully diluted valuation is $64.57m. Supply currently stands at 1.43b circulating, 2.1b total supply, 2.1b maximum supply.
How has MERL performed recently?
MERL is up 4.5% over the past 7 days and up 6.3% over the past 30 days. Its all-time high is $1.45, reached on Apr 19, 2024. The token is currently 97.9% below that level.
How does Merlins Seal's TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, Merlins Seal ranks #17 by TVL. The category holds $58.342b across 159 protocols, and Merlins Seal accounts for 0.6% of that total. Similar protocols include SolvBTC, NEAR Intents, SoDEX Bridge, PumpBTC, Wan Bridge, NerveBridge, LayerZero V2, CCIP, Portal, and Unit.