diff --git a/packages/transaction-controller/CHANGELOG.md b/packages/transaction-controller/CHANGELOG.md
index db845f45ecb..06091a80ac5 100644
--- a/packages/transaction-controller/CHANGELOG.md
+++ b/packages/transaction-controller/CHANGELOG.md
@@ -15,6 +15,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Add support for `transactionHistoryLimit` feature flag to configure the maximum number of transactions stored in state ([#7648](https://github.com/MetaMask/core/pull/7648))
   - Defaults to 40 if not provided.
 - Add optional `callTraceErrors` to `simulationData` ([#7641](https://github.com/MetaMask/core/pull/7641))
+- Add `merklYieldClaim` transaction type ([#7723](https://github.com/MetaMask/core/pull/7723))
 
 ### Changed
 
diff --git a/packages/transaction-controller/src/types.ts b/packages/transaction-controller/src/types.ts
index 59776b77b0b..caf18b823b4 100644
--- a/packages/transaction-controller/src/types.ts
+++ b/packages/transaction-controller/src/types.ts
@@ -770,6 +770,11 @@ export enum TransactionType {
    */
   lendingWithdraw = 'lendingWithdraw',
 
+  /**
+   * A transaction that claims yield from a Merkl Yield contract.
+   */
+  merklYieldClaim = 'merklYieldClaim',
+
   /**
    * A transaction that converts tokens to mUSD.
    */