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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.
$100M+ in incentives distributed for 100+ protocols & chains

Incentivize any onchain activity effortlessly

TOUCH
Transactional events
Transactional events

Distribute incentives based on events, like a swap, rather than liquidity positions over time (coming soon)

 

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Tailored to your needs
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Boost

Boost rewards for users holding a specific token over a set period of time

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Bridging

Distribute only rewards to users who bridge liquidity from another chain

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Cross-chain

Incentivize assets on one chain while distributing rewards on another

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Distribution

Define your reward distribution schedule—fixed APR, variable APR, or custom logic

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Blacklist

Control reward eligibility by allowing/excluding specific addresses or smart contracts

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Reallocation

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.

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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.

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Your ultimate incentive toolkit

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Front-end integration
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Advanced computations
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Actionable analytics

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.
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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.
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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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Merkl stories

Discover how top projects grow using Merkl

FAQ

What is Merkl? Merkl is the leading incentive and point management platform in DeFi, backed by a16z. We help blockchains and protocols boost liquidity across any DeFi venue. Since our launch in November 2023, we've distributed over $100 million in incentives across 40+ chains, with 150+ protocols running 16,000+ campaigns. We're the team behind all Uniswap, Euler, ZKsync and Optimism incentives.
How do incentive platforms work? Incentive platforms automate and optimize the distribution of rewards based on user activity. They connect users with web3 projects looking to boost activity and engagement. Users perform actions (hold token, supply liquidity,…) and earn rewards, while web3 projects boost their growth (TVL increase, user engagement,…). There are different types of incentive platforms: custodial, non-custodial, social-focused, DeFi-focused, etc.
What types of incentive campaigns does Merkl support?

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!

Does Merkl charge fees?

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!

What are the best incentive strategies?

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.).

How to get started with Merkl incentives?

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!

Ready to get started?