Have

Dive Down

Target creature you control gets +0/+3 and gains hexproof until end of turn. (It can't be the target of spells or abilities your opponents control.)

Watertrap Weaver

When Watertrap Weaver enters, tap target creature an opponent controls. That creature doesn't untap during its controller's next untap step.

Shaper Apprentice

Shaper Apprentice has flying as long as you control another Merfolk.

Chart a Course

Draw two cards. Then discard a card unless you attacked this turn.

Essence Scatter

Syncopate

Counter target spell unless its controller pays {X}. If that spell is countered this way, exile it instead of putting it into its owner's graveyard.

Forest

Merfolk Branchwalker

When Merfolk Branchwalker enters, it explores. (Reveal the top card of your library. Put that card into your hand if it's a land. Otherwise, put a +1/+1 counter on this creature, then put the card back or put it into your graveyard.)

Crashing Tide

This spell has flash as long as you control a Merfolk.
Return target creature to its owner's hand.
Draw a card.

Island

Silvergill Adept

As an additional cost to cast this spell, reveal a Merfolk card from your hand or pay {3}.
When Silvergill Adept enters, draw a card.

Capture Sphere

Flash (You may cast this spell any time you could cast an instant.)
Enchant creature
When Capture Sphere enters, tap enchanted creature.
Enchanted creature doesn't untap during its controller's untap step.

Disdainful Stroke

Counter target spell with mana value 4 or greater.

Negate

Unclaimed Territory

As Unclaimed Territory enters, choose a creature type.
{T}: Add {C}.
{T}: Add one mana of any color. Spend this mana only to cast a creature spell of the chosen type.

Merfolk Mistbinder

Woodland Stream

Woodland Stream enters tapped.
{T}: Add {G} or {U}.

Tempest Caller

When Tempest Caller enters, tap all creatures target opponent controls.

Sleep

Tap all creatures target player controls. Those creatures don't untap during that player's next untap step.

Kumena's Speaker

Kumena's Speaker gets +1/+1 as long as you control another Merfolk or an Island.

Naturalize

Jungleborn Pioneer

When Jungleborn Pioneer enters, create a 1/1 blue Merfolk creature token with hexproof. (It can't be the target of spells or abilities your opponents control.)

River Heralds' Boon

Put a +1/+1 counter on target creature and a +1/+1 counter on up to one target Merfolk.

Curious Obsession

Enchant creature
Enchanted creature gets +1/+1 and has "Whenever this creature deals combat damage to a player, you may draw a card."
At the beginning of your end step, if you didn't attack with a creature this turn, sacrifice Curious Obsession.