What it is
merlin.trade is a Telegram bot operating from the account @merlin0_bot, built for copy trading and portfolio tracking on Polymarket. A trader opens it as a chat rather than a browser terminal or extension, then follows other wallets' positions and checks results from the same thread used for everything else in Telegram.
The bot carries a verified profile on Polymarket and sits at #132 by all-time attributed volume, with $1.1M routed since 2026-04-28. Over the last thirty days its flow concentrated in sports, most heavily in Detroit Tigers vs. Pittsburgh Pirates, a pattern that reads like a crowd trading a single sports schedule rather than a broad slice of every market on the exchange. That concentration is worth noting before assuming its volume mirrors the exchange as a whole.
How it works
A trader reaches merlin.trade through its Telegram deep link, which opens a chat with @merlin0_bot carrying a referral code built into the link itself. From there, browsing markets, choosing a wallet to copy, and checking a portfolio all happen inside that same chat rather than on a separate site or app.
Orders placed through the bot route into Polymarket's central limit order book under merlin.trade's own builder code, the identical order book every other trader and tool shares. That routing is how 476 fills over the last week and 54.4K fills since 2026-04-28 get attributed back to this bot specifically instead of disappearing into Polymarket's general volume.
What the bot's own preview doesn't spell out is which side holds the wallet keys once a copy trade fires. The confirmed pieces are narrower: a verified profile on Polymarket, and a single Telegram entry point, @merlin0_bot, through which every fill in this fact sheet was placed.
What it does
Copy trade top traders
Mirrors positions from wallets a trader chooses to follow, so entries and exits fire automatically once a followed wallet moves.
Portfolio tracking in chat
Surfaces open positions and running results inside the same Telegram thread used to place trades, with no separate dashboard to open.
Chat-based order entry
Every step, from picking a market to closing a position, runs through Telegram commands instead of a browser terminal or extension.
Who it is for
- Traders who live in Telegram
- Never opens a separate app or browser tab; markets, copying, and portfolio checks stay inside the same chat used for everything else.
- Copy traders following specific wallets
- Built to mirror another wallet's positions automatically, useful for someone who trusts a chosen trader's picks over their own timing.
- Sports-market traders
- Thirty days of flow concentrated in sports, most heavily Detroit Tigers vs. Pittsburgh Pirates, a fit for someone already trading sports outcomes rather than politics or crypto.
- Traders placing many small fills
- Average fill size of $12 against 54.4K fills points to frequent, modestly sized positions rather than a few large bets.
- Traders who need a fee quoted up front
- Should look elsewhere first, since this bot publishes no fee schedule to check before committing money.
What it costs
merlin.trade does not publish a fee schedule of its own; the operator states nothing about what it charges beyond running the bot itself. That leaves a trader without an advertised rate to weigh before routing an order, only whatever appears in the outcome of a fill. Polymarket's own trading fee is set per market and applies the same way regardless of which builder carries the order, so it isn't a distinguishing cost of this bot and isn't something to compare between tools. Before sending size through @merlin0_bot, a trader is better off asking the operator directly what, if anything, gets deducted, rather than assuming the bot is free simply because no rate is posted.
Strengths
- Copy trading and portfolio tracking sit in a single Telegram chat, so a trader never leaves the app they already use to talk about markets.
- It has been live for 140, long enough to have traded through more than a single news cycle rather than a debut week.
- Fill volume leans toward frequent, modest-sized placements, $12 on average across 54.4K fills, which suits testing a strategy without loading one position with size.
- Buy share of 71.5% shows the flow leans toward opening new positions, useful context when reading its volume as fresh interest rather than an exit ramp.
- A verified Polymarket profile attaches an accountable record to a bot that otherwise runs entirely inside a chat app.
Limitations
- It publishes no fee schedule, leaving a trader with no advertised rate to check before an order goes out.
- There's no web terminal or order book view here; every action runs through Telegram commands, slower going for anyone used to a full trading screen.
- Mean traders per day sits at 4 against a cohort of 29 wallets over thirty days, a small sample to judge how the bot holds up under heavier flow.
- The entry link carries a referral code, so the first click a new trader makes is already tied to someone else's account.
Custody and transparency
merlin.trade carries a verified profile on Polymarket, and every order it places is attributed to its own builder code on the exchange's shared order book, which is the main transparency check available here. What the bot's own materials don't state is which side holds wallet keys once a copy trade executes, so a trader connecting to @merlin0_bot is relying on a chat interface for something a browser wallet would normally handle directly. The referral code baked into the entry link is a minor exposure by comparison, worth noticing but not a custody question.
Verdict
merlin.trade fits a trader who already runs their market-watching inside Telegram and wants to copy another wallet's positions without opening a separate terminal. Its age, 140, and fill count, 54.4K, suggest a bot that has kept working past a single news cycle, and its buy share of 71.5% points to traders using it mostly to enter rather than exit. What it doesn't offer is a stated fee, so anyone who wants a quoted cost before committing money should ask the operator directly or look at a tool that publishes one before routing anything through @merlin0_bot.
- Traçãopeso 35%
attributed volume over the last seven complete days
- Alcancepeso 30%
4 distinct traders per day
- Históricopeso 20%
routing since 2026-04-28
- Transparênciapeso 15%
verified profile, no published fee, public site
Abra a merlin.trade e veja você mesmo
t.me
Questions
What is merlin.trade?
merlin.trade is a Telegram bot, @merlin0_bot, for copy trading and portfolio tracking on Polymarket, run entirely from a chat rather than a browser terminal.
Is merlin.trade safe to use?
It carries a verified Polymarket profile and attributed order flow, but its own materials don't state which side holds wallet keys during a copy trade, so ask before connecting.
What are merlin.trade's fees?
The operator publishes no fee schedule. Polymarket's own per-market trading fee applies the same regardless of which builder routes the order.
How does merlin.trade work?
A trader opens @merlin0_bot through its Telegram link, picks a wallet to copy, and orders route into Polymarket's shared order book under merlin.trade's builder code.
What markets does merlin.trade trade most?
Over the last thirty days its flow concentrated in sports, most heavily in Detroit Tigers vs. Pittsburgh Pirates, rather than spreading evenly across the exchange.
Are there alternatives to merlin.trade?
Other Polymarket builders offer copy trading through browser terminals or extensions instead of a Telegram chat; which fits depends on where a trader prefers to work.
Does merlin.trade hold my funds?
Its own materials don't state whether the bot or the trader controls wallet keys during a copy trade, a question worth asking directly before routing money.