Deeproot Pilgrimage

Whenever one or more nontoken Merfolk you control become tapped, create a 1/1 blue Merfolk creature token with hexproof.

Dreamroot Cascade

Dreamroot Cascade enters tapped unless you control two or more other lands.
{T}: Add {G} or {U}.

Thassa's Rebuff

Counter target spell unless its controller pays {X}, where X is your devotion to blue. (Each {U} in the mana costs of permanents you control counts toward your devotion to blue.)

Mist-Cloaked Herald

Growth Spiral

Draw a card. You may put a land card from your hand onto the battlefield.

Island

Forerunner of the Heralds

When Forerunner of the Heralds enters, you may search your library for a Merfolk card, reveal it, then shuffle and put that card on top.
Whenever another Merfolk you control enters, put a +1/+1 counter on Forerunner of the Heralds.

Forest

Master of the Pearl Trident

Other Merfolk creatures you control get +1/+1 and have islandwalk. (They can't be blocked as long as defending player controls an Island.)

Spell Pierce

Counter target noncreature spell unless its controller pays {2}.

Merfolk Mistbinder

Filter Out

Return all noncreature, nonland permanents to their owners' hands.

Triton Shorestalker

Deeproot Waters

Whenever you cast a Merfolk spell, create a 1/1 blue Merfolk creature token with hexproof. (A creature with hexproof can't be the target of spells or abilities your opponents control.)

Yavimaya Coast

{T}: Add {C}.
{T}: Add {G} or {U}. Yavimaya Coast deals 1 damage to you.

Scry 1. (Look at the top card of your library. You may put that card on the bottom.)
Draw a card.

Cackling Counterpart

Create a token that's a copy of target creature you control.
Flashback {5}{U}{U} (You may cast this card from your graveyard for its flashback cost. Then exile it.)