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Ecosystem guide

The Merlin ecosystem

The best dApps on Merlin by sector: DeFi, games, NFTs and more. 18 projects tracked, 18 reviewed in full.

Full Merlin ranking →
dApps
18
Reviewed
18
TVL tracked
$8.88M
Native token
MERL

Merlin ecosystem in numbers

Tracked
18
Reviewed
18
Total TVL
$6.89B
Avg. score
4.7/10

There are 18 dApps on Merlin in the SkyBitcoins index. Every one of them has a full review. Across the 16 with TVL data, the combined value locked is $6.89B, counting value on every chain they support. Gate dominates, with 85% of that total. The top five account for 100%, while the median dApp holds $1.66M.

By category, Anchor Btc (3), Cross Chain Bridge (2) and Basis Trading (2) account for the most projects on Merlin. All 15 with a confirmed status are active. Over the last seven days, combined TVL fell 2.4%. MerlinSwap gained the most (+9.9%), while Symbiosis dropped the most (−10.8%).

By value locked, the largest dApps on Merlin are Gate ($5.86B), SolvBTC ($468M) and Bedrock uniBTC ($349M). On SkyBitcoins scores, Symbiosis ranks first at 6.2/10, ahead of Gate (5.9) and zkLink Nova (5.5). The 10 rated dApps average 4.7/10, and none scores 8 or above yet.

Largest by TVL

  1. 1Gate logoGate$5.86B
  2. 2SolvBTC logoSolvBTC$468M
  3. 3Bedrock uniBTC logoBedrock uniBTC$349M
  4. 4Solv Basis Trading logoSolv Basis Trading$191M
  5. 5MerlinSwap logoMerlinSwap$8.50M

Highest rated

Reviewed

Top-rated dApps on Merlin

Symbiosis logo

Symbiosis

Cross Chain Bridge

Score 6.2 out of 10

Symbiosis routes cross-chain swaps across 50+ networks, but check the live quote and route-specific risks before approving.

TVL $8.09M−10.8%Ethereum · TON · Tron +53
Gate logo

Gate

Centralized Exchanges

Score 5.9 out of 10

Gate offers extensive crypto trading and earn tools, but check local access, fees, verification rules and reserve evidence before depositing.

TVL $5.86B−2.5%Ethereum · Bitcoin · BNB Chain +129
zkLink Nova logoScore 5.5 out of 10

zkLink Nova links Ethereum and Layer 2 apps, but check route costs, audit scope and app risks before bridging.

TVL $2.02M−1.2%Linea · Arbitrum · Manta +8
Solv Basis Trading logo

Solv Basis Trading

Basis Trading

Score 5.2 out of 10

Solv offers Bitcoin-linked tokens and yield strategies, but unclear fees, redemption terms and product risks warrant careful checks before depositing.

TVL $191M−2.6%BNB Chain · Arbitrum · Ethereum +5
Avalon Finance logoScore 5.2 out of 10

Avalon offers Bitcoin-focused lending across many chains, but confirm product-specific fees, custody and risks before depositing.

TVL $873K−24.4%IoTeX · BNB Chain · Bitlayer +18
Solv Others logo

Solv Others

Anchor Btc

Score 5.2 out of 10

Solv offers tokenized Bitcoin and DeFi yield products, but check its backing evidence, fees and redemption terms before depositing.

TVL $835K+1.5%Merlin

By sector

Best Merlin dApps by sector

DeFi on Merlin12

Gaming on Merlin1

  1. 1Bitmap Game logoBitmap Game$30.3K

Infrastructure on Merlin5

  1. 1Symbiosis logoSymbiosis6.2
  2. 2zkLink Nova logozkLink Nova5.5
  3. 3Butter Network logoButter Network2.1
  4. 4Meson logoMeson$702K
  5. 5Brotocol logoBrotocol—

Guides

Merlin guides

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Merlin FAQs

What is the largest dApp on Merlin by TVL?

Gate is the largest dApp on Merlin by total value locked, with $5.86B across all the chains it supports. It is followed by SolvBTC ($468M) and Bedrock uniBTC ($349M). TVL figures come from DefiLlama and change daily.

Which dApp on Merlin has the highest SkyBitcoins score?

Symbiosis has the highest score at 6.2/10, ahead of Gate (5.9) and zkLink Nova (5.5). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many dApps are on Merlin?

SkyBitcoins tracks 18 dApps on Merlin. Of these, 18 have a full review and 16 report value locked, $6.89B in total, counting value on every chain they support.

What are the most common types of dApps on Merlin?

Anchor Btc (3), Cross Chain Bridge (2) and Basis Trading (2) are the largest categories on Merlin, by number of projects.

Which dApps on Merlin grew the most this week?

Among dApps with at least $1M locked, MerlinSwap had the biggest 7-day TVL gain (+9.9%) and Symbiosis the biggest drop (−10.8%). Combined TVL moved −2.4% over the same seven days.

What is the average score for dApps on Merlin?

The 10 rated dApps on Merlin average 4.7 out of 10. Of these, 0 score 8 or higher and 4 score below 5.