As of Nov 13, 2026, DefiLlama tracks 3 Lending protocols on Merlin with $92,992 in combined TVL; the largest are Avalon Finance ($92,149) and Mage Finance ($842.44).

Protocol rankings

All protocols

11Columns.csv

Name	TVL	Active Loans	Supplied	Supplied/TVL	Fees 7d	Revenue 7d	Mcap/TVL	Fees 30d	Revenue 30d	Fees 24h	Revenue 24h
Avalon Finance22 chains	$92,149	$0	$92,149	1	$58,656	$21,472		$121,296	$40,244	$2,814	$1,100
Mage Finance1 chain	$842.44	$0	$842.44	1	$0	$0		$0	$0	$0	$0
Merchant FinanceDeprecated protocol2 chains					$0	$0		$0	$0	$0	$0