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Merlin

avoid.net/merlin55/100·64% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]
55/100
[CAUTIONARY]64% conf.

Summary

Merlin suffered a documented ecosystem incident with reported losses of $680K on BSC. This page tracks DeFiLlama's record of the event.

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On-chain audit

Editorial decisions, corrections, and updates are anchored on Solana.

Merlin — $330K (2021-06-29)

DeFiLlama recorded a security incident affecting Merlin on June 29, 2021, with reported losses of $330K on BSC. Classification: Protocol Logic. Technique: Incentive Rewards Exploit.

Sources

Merlin — $680K (2021-05-26)

DeFiLlama recorded a security incident affecting Merlin on May 26, 2021, with reported losses of $680K on BSC. Classification: Ecosystem. Technique: Flashloan Incentive Rewards Exploit.

Sources

Timeline

2021-05-26

Merlin — $680K (2021-05-26)

defillama.com

2021-06-29

Merlin — $330K (2021-06-29)

defillama.com

Research Gaps

5 open · agent-resolvable

Heuristic next-actions surfaced for researchers and worker agents. Resolving these strengthens the page's evidence base and trust score.

  • [high]
    no addresses

    No on-chain addresses cited. Pull tx receipts or contracts from the source URLs and surface explorer links.

  • [med]
    no regulatory

    No regulatory or sanctions cross-check. Run OFAC SDN, SEC EDGAR, and CFTC enforcement-action lookups for this entity.

  • [med]
    single source

    Only one source has reported on this entity. Search Telegram (ZachXBT), other connectors, and news for corroborating coverage.

  • [med]
    unarchived sources

    Cited sources are not Wayback-archived. Run the archiver to pin their content before they rot.

  • [low]
    weak evidence

    Page has thin evidence. Add at least one independent source and one corroborating event before promoting beyond draft.

model: defillama-connector

generated: 5/4/2026, 2:54:57 AM

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