Merlin by Datai Network

What is it ?

Merlin serves both accounting service providers as well as accounting software platform solutions, managing clients with digital asset portfolios. Its wallet analytical data solution covers:

1. Wallet Activity Profiling: Offering a comprehensive 360-degree overview of historical on-chain activity across wallets to assess client portfolios quickly and accurately.

2. Blockchain Transactions History Tracking: Detailing all on-chain movements with context information to aid in accurate reconciliation for bookkeeping and tax purposes.

3. DeFi Historical Profitability Reporting: Providing real-time and historical data on holdings, gains, and losses necessary for treasury management, accrual accounting, financial statements, and audits.

What problem does it solve?

Merlin addresses the challenge of accessing comprehensive blockchain data essential for bookkeeping, accounting, and tax purposes in the web3 space. The fragmented and raw nature of blockchain data requires technical expertise and manual work to reconcile. Merlin interprets and curates this data, presenting it in a unified format ready for accounting professionals. Key benefits include:

• Accurate and Complete Data: Ensured by a decentralized network and a community of developers adding new blockchain support. Powered by Datai Network.
• Actionable Insights: Delivered by a team that designs the analytical framework based on real reporting use cases and emerging on-chain activities.
• Time Savings: By automating data collection and reconciliation, Merlin allows professionals to focus on their core business which is accurate bookkeeping and financial statements.

Feature Highlights

Merlin Copilot - powered by Datai Network: A GUI that complements traditional crypto accounting software, providing:

• Portfolio Activity Insights: A 360-degree view of a portfolio’s web3 activity for accurate client assessment and streamlined onboarding.
• Transaction Exploration: Detailed context for transactions to speed up reconciliation.
• Comprehensive Reports: Detailed activity reports for client transparency and internal communication.

Merlin API: An API service that streamlines data ingestion and automates reconciliation within accounting software solutions, offering:

• Transactions History Data: Including token and NFT movements, transaction fees, USD valuations, and context categorization (DeFi and NFT activities, interacting wallets, or protocols). Covering 50+ blockchains, with categorization across 18 blockchains, including Solana.
• DeFi Positions Data: Real-time holdings, point-in-time snapshots, or period-based accrued gains and losses (yield, impermanent loss, price fluctuation, realized and unrealized). Covering 45+ protocols, concentrating 80% of DeFi’s TVL.
• Historical LP Token Prices: Covering 30+ of top DeFi protocols LP’s.

How it works

Merlin Copilot

• An online platform for accounting professionals managing digital asset portfolios. It complements existing crypto accounting software.
• Define your clients' portfolios by bundling one or several wallets to get a comprehensive 360-degree overview of their entire on-chain activity and explore their entire transaction history.
• Merlin Copilot is currently available under a private beta mode. Request access through the provided form.
• More info on Merlin Copilot website.

Merlin API

• Comprehensive data to streamline blockchain financial data ingestion, automate reconciliation and DeFi accounting.
• Accessible at https://api.mymerlin.io: sign up with your email to obtain an API Key and free trial units.