Service Providers & Software Platforms
Crypto Accounting Solutions are proposing the most powerful accounting, audit & tax services to individuals and businesses involved in cryptocurrency activities whether on a enterprise management and/or investment level
Accurate and transparent financial reporting
With the rapid growth of the cryptocurrency market, there is a growing need for specialized accounting services that can provide accurate and transparent financial reporting as well as navigate the complex tax and regulatory landscape of digital assets
Lack of standardized accounting practices
Accounting firms must stay up-to-date with the latest developments in tax law and accounting standards related to cryptocurrencies to ensure compliance and accuracy in their reporting
Enterprise accounting tools
All while integrating these reports within dedicated corporate accounting tools or ERP solutions (Xero, Quickbooks, …)
Retrieving on-chain raw transaction data is fairly easy, but understanding the kind of DeFi activity behind requires further processing. Accounting professionals can now focus on their business value proposition and leave the tedious data fetching & processing to MERLIN for all on-chain DeFi activities! Across Staking, Farming, Lending, Borrowing & Liquidity Pool positions, MERLIN understands all investment strategies, their associated transactions & their relative performance at any point in time, with the utmost accuracy
How can MERLIN help?
DeFi Transaction pre-classification for reconciliation
DeFi investments performance overview directly within the Accounting SW Platform: current and historical Positions
In-depth DeFi Position analysis: Yield, Gas Fees, Rewards, Impermanent Loss, Entry Price and overall P&L
Overall Portfolio NAV, including DeFi exposures
DeFi transaction history reporting
MERLIN’s understanding of all DeFi smart contracts and their interaction with wallets has been translated into DeFi transaction pre-classification: type of movement and type of DeFi action/investment
Saving reconciliation time for accounting professionals which can fully focus on tax law and accounting standards rather than Defi understanding
DeFi investments performance
Tracking the associated gains & loss is essential for financial reports and tax statements!
Based on actual on-chain data (indexation since inception), MERLIN takes no guess when it comes to Yield, Gas fees, Rewards, Impermanent Loss, Entry Price to produce an accurate P&L; with precise USD valuation, based on protocol USD exchange rates at the precise operation execution time
DeFi P&L breakdown
The most detailed performance statistics for full visibility and reporting: Yield, Transaction Fees, Asset Price fluctuation, and all position’s related transactions for position reconciliation
The investment’s granular statistics can be provided on a daily basis, per period or to date – for both ongoing active as well as past historical Positions
Portfolio overview enriched with DeFi exposures
You can now track users’ holdings currently invested in DeFi!
DeFi conservatives or DeFi addicts? MERLIN provides the most extensive DeFi protocols coverage 1,500+, across 25+ chains: not limited to EVM chains, supporting also Solana, major Cosmos chains and others
Dedicated DeFi dashboard
For your DeFi enthusiastic & active users to track the allocation & performance of their funds across the different DeFi investment protocols – MERLIN won’t miss any movement, proxy wallet are supported
No need to integrate with each DeFi protocol, MERLIN is your unique source of DeFi portfolio analytics!
How to use MERLIN?
Full integration with MERLIN API
Add DeFi portfolio activity & performance data directly into your Accounting engine, and/or build a dedicated DeFi module for your clients
All wallet balances, DeFi exposures & P&L data you can get!
Documentation available for quickstart
Backend access to track usage and top up
Pay per call, price per endpoint
Light integration MERLIN as a resource
For your community to access MERLIN web APP, their DeFi portfolio performance dashboard, directly from your resource catalog
THE one place to get both P&L performance reporting for the major DeFi protocols and NAV for 1,500+ others, across 25+ chains
Optimize operation & maintenance by reducing the number of third party solution integrations
Focus on your business value proposition and leave the tedious on-chain data fetching & assessment to MERLIN
Leverage MERLIN’s DeFi performance data to optimize your business offer
Pay per use a powerful & straightforward API, with a freemium web APP