Merlin by VALK integrates Ledger Live, bringing institutional-level DeFi analytics to 5 million users

LIGHTNING

Provides seamless portfolio tracking for 1,000+ DeFi protocols

LONDON, Dec. 13, 2022 (GLOBE NEWSWIRE) — Merlin, the institutional DeFi portfolio tracker developed by VALK, announced today that it has been integrated with Ledger Live, the one-stop shop for buying crypto to grow digital Manage assets and NFT. This integration allows Ledger Live users to access their DeFi performance analytics on Merlin directly from their hardware wallets.

The current landscape of decentralized finance counts over $50 billion in locked value volume across various decentralized protocols that facilitate swapping, lending, borrowing, staking and participating in liquidity pools. However, portfolio managers and investors lack a powerful tool that extracts complex data and offers in-depth analysis across a variety of DeFi platforms.

“The crypto landscape is constantly changing, and with the recent uncertainty surrounding many centralized exchanges, more and more traders will migrate to decentralized finance applications. Through our integration, we are making DeFi exploration easier and more accessible for everyone,” said Antoine Loth, CEO and co-founder of VALK.

Merlin by VALK is accessible to over 5 million Ledger users via Ledger Live’s app in the Discovery section and connects over 1000 DeFi protocols across 10 blockchains to offer DeFi traders performance metrics, profit and loss (P&L) reports, issued gas and calculates return and transient loss in dollar terms. Soon, Merlin will allow investors to claim fees and rewards from liquidity providers directly through its interface, without having to leave the platform.

Ledger Live is Ledger’s native interface that allows users to securely and seamlessly manage their digital assets, NFTs and dApps from their Ledger Nano hardware wallet. It creates a better, easier and safer user experience for investors to manage their digital assets and discover multiple decentralized applications.

The story goes on

“Ledger Live’s DeFi users operate across a variety of protocols and chains. By connecting to Merlin from our app, they get an overall view of all their DeFi positions and strategies in one simple dashboard, making the user experience much more streamlined.” said Jean-François Rochet, Vice President of International Development at Ledger.

Institutional and retail traders can now track their crypto assets and DeFi strategies without leaving their ledger by using Merlin in the Ledger Live application.

About Merlin by VALK

Merlin enables connectivity via inserting a wallet address or a Web3 connection and analyzes all positions, strategies and overall portfolio insights from the wallet. From transaction history to net worth and P&L calculation, Merlin has the user covered. Merlin is built by VALK, a FinTech-to-DeFi service provider serving both institutional and retail investors. Available through its app (https://mymerlin.io/) and free to use, Merlin has opened APIs for industrial use of data and indexing reports.

Follow Merlin on Twitter, Linkedin, Youtube, Telegram and Discord.

About ledgers

Founded in 2014, Ledger is the global platform for digital assets and Web3. Over 20% of the world’s crypto assets are secured by Ledger Nanos. Headquartered in Paris and Vierzon, with offices in London, New York, Singapore and Portland, Ledger has a team of more than 700 professionals who develop a variety of products and services to enable individuals and businesses to purchase, store, exchange, and trade securely and to enable the management of crypto assets – including the Ledger hardware wallets line with more than 5 million units sold in more than 180 countries.

For press inquiries contact Karla Vilhelem at [email protected]

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