Run large-scale incentive programs with no effort
Merkl empowers protocols, chains, and DAOs to design and launch customized incentive programs that attract liquidity, amplify user engagement, and accelerate growth.
Incentivize any onchain activity effortlessly
Reward users providing liquidity within narrow ranges in Uniswap v3 and v4 pools, as well as on any other concentrated liquidity DEX
Learn moreIncentivize users who lend or borrow assets on Aave, Morpho, Euler, and more protocols
Rewards users for holding any ERC20 tokens in their wallet, including LP tokens
Distribute tokens to millions of users cost-effectively, with customizable criteria for greater precision
Distribute tokens directly to grantees' users—no need to transfer funds to grantees for redistribution, reducing risks of misallocation
Bootstrap token liquidity and prevent it from being dumped using targeted incentive strategies
Distribute incentives based on events, like a swap, rather than liquidity positions over time (coming soon)
Incentivize any use case
Liquidity provisioning
Learn more →Lending & borrowing
Learn more →Point system
Learn more →Airdrop
Learn more →Grant distribution
Learn more →Token launch
Learn more →Stablecoin
Learn more →Don't see your use case?
Send us a message →
Boost rewards for users holding a specific token over a set period of time
Distribute only rewards to users who bridge liquidity from another chain
Incentivize assets on one chain while distributing rewards on another
Define your reward distribution schedule—fixed APR, variable APR, or custom logic
Control reward eligibility by allowing/excluding specific addresses or smart contracts
Redistribute unclaimed rewards to any destination, ensuring they are maximized
Enjoy the smartest distribution system
Merkl is the most powerful incentive platform, designed to handle even the most complex reward mechanisms.
The Merkl engine can reward asset holders, even when those assets are locked in third-party contracts instead of being stored directly in users' wallets.

Access the most engaged DeFi users
By using Merkl, your incentive program instantly reaches 10,000+ daily liquidity providers managing billions in capital, actively searching for reward opportunities on the Merkl app.

Your ultimate incentive toolkit
Our App. Your Frontend. Your Choice
- Get your campaign automatically displayed in the Merkl App featuring a leaderboard, claim page, and more.
- Integrate the Merkl API and let users claim their rewards directly through your interface.
- Customize and launch your own white-labeled Merkl App for your reward program.

Advanced incentives, made simple
- Whether you're distributing $1k or $10M, launching one campaign or a hundred, Merkl is designed to handle millions of data points and computations, ensuring precise reward calculations.
- Merkl is easy to use and accessible to everyone. Create campaigns effortlessly and save time to focus on your product.

Measure ROI. Maximize impact
- Access real-time campaign data & analytics on a dedicated dashboard.
- See how every $1 spent contributes to driving liquidity growth.
- Learn which incentives perform better and improve your campaign.

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Discover how top projects grow using Merkl
FAQ
Merkl supports a wide range of incentive campaign types across 40+ chains:
- Liquidity incentives for concentrated liquidity pools (CLAMM) like Uniswap v3 & v4
- Airdrops (to a predefined list or users meeting specific criteria)
- Rewards for ERC20 token holders, based on their balance over time (e.g., LP token holders)
- Lending & borrowing incentives across protocols like Aave, Compound, Morpho, Euler, Silo, Radiant, and Dolomite
- Point systems to drive engagement and retention
And we're constantly expanding with new use cases!
Campaign creation comes with a 3% maintenance fee, except for airdrop campaigns, which have a reduced 0.5% fee. Merkl is free for retail users, aside from gas fees.
For custom or long-term incentive programs, reach out to us — we’d be happy to discuss tailored pricing!
Choosing the right incentive strategy depends on your goals and needs. For instance, during a token launch, it’s often best to hold off on incentives until the price stabilizes, whereas for a stablecoin, building a liquidity wall can be a smart move. These are just a couple of many possible approaches.
Additionally, optimizing a campaign also means selecting the right reward distribution model—whether it's fixed APR, variable APR, or event-based rewards (e.g., swaps, follows on X, etc.).
Distributing incentives with Merkl is quick and easy. Just head over to Merkl Studio, set up your campaign parameters (amount, chain, dates, etc.), and launch it in a few clicks!
If you're planning a large-scale incentive program, need advanced customization, or have any questions along the way, feel free to reach out — we’re here to help!