diff --git a/README.md b/README.md
index b356510..7fd6b5f 100644
--- a/README.md
+++ b/README.md
@@ -4,4 +4,8 @@
 [![Release WATM](https://github.com/gaukas/watm/actions/workflows/tag.yml/badge.svg)](https://github.com/gaukas/watm/actions/workflows/tag.yml)
 [![Go Reference](https://pkg.go.dev/badge/github.com/gaukas/watm.svg)](https://pkg.go.dev/github.com/gaukas/watm)
 
-This repository contains tools for building WebAssembly Transport Modules (WATMs) for [water](https://github.com/gaukas/water) project. 
\ No newline at end of file
+This repository contains tools for building WebAssembly Transport Modules (WATMs) for [water](https://github.com/refraction-networking/water) project. 
+
+## Deprecated
+
+This repository has been merged into [water](https://github.com/refraction-networking/water) as [water/watm](https://github.com/refraction-networking/water/tree/master/watm).