Dragon's Treasure has been catching plenty of attention, so we put it through its paces to see how it really holds up. Built by Merkur, it lands as a slot with a medium high-variance maths model and an RTP of 95.98%. You get a 5-reel grid running 25 paylines, all dressed up with a dragon theme. If everything lines up, Dragon's Treasure can pay up to 10,000x your bet. The full verdict is below.
Written by Alex Crawford · Last updated: March 2026
Dragon's Treasure is a title from Merkur. Presentation-wise it's wrapped in a dragon theme, and it leans toward medium high variance at a published RTP of 95.98%. Under the hood you'll find 25 paylines across 5 reels.
Where Dragon's Treasure earns its keep is the feature set. Look out for scatter symbols that unlock free spins and extra bonus rounds. The medium high volatility strikes a middle ground that should suit most playing styles. On balance, Dragon's Treasure is a dependable option worth a few spins in the demo first.
At 95.98%, the RTP is slightly below the industry average of ~96%. While this is typical for many popular slots, players should be aware of the slightly lower theoretical return.
Medium-high volatility means wins come less frequently but tend to be larger when they hit. Players should be prepared for dry spells between bigger wins, requiring a moderate bankroll.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Dragon's Treasure features scatter symbols that can trigger free spins rounds. Landing the required number of scatter symbols anywhere on the reels activates the free spins feature, giving you extra chances to win without additional bets. During free spins, special modifiers may apply to boost your winning potential.
3.0 / 5 — Good
Dragon's Treasure by Merkur is a solid offering that delivers good entertainment value. The 95.98% RTP combined with medium high volatility creates a well-balanced gaming experience.