The incentive platform behind DeFi growth
Merkl empowers Web3 teams to distribute rewards and users to earn yield
Incentivize any onchain activity
Incentivize users who lend or borrow assets on Aave, Morpho, Euler, and more protocols
Reward users providing liquidity within narrow ranges in Uniswap v3 and v4 pools, as well as on any other concentrated liquidity DEX
Learn moreRewards users for holding any ERC20 tokens in their wallet, including LP tokens
Distribute tokens to millions of users cost-effectively, with customization options for greater precision
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 →Run campaigns for every need
TVL boost
Encourage users to supply liquidity on your vault, protocol or chain using incentivesLearn more →
Yield distribution
Distribute your product’s yield as Merkl rewards, in compliance with crypto regulationsLearn more →
Point system
Set up a customizable, point-based rewards system for your community before an airdropLearn more →TGE
Bootstrap token liquidity and prevent dumping using non-transferable token strategiesLearn more →Launchpool
Distribute newly launched tokens as Merkl rewards to users who lock tokens in a poolLearn more →Grant distribution
Distribute tokens directly to DeFi users, reducing the risk of misallocationLearn more →
Stablecoin repeg
Prevent your stablecoin from depegging by creating liquidity wall strategies with incentivesLearn more →
Define your reward distribution type: variable, fixed, or capped APR
Control reward eligibility by blacklisting specific addresses or smart contracts
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
Set extra rewards for users who refer to your campaign and their invitees
Enjoy the smartest distribution system
The Merkl engine detects users holding a specific asset, making them eligible for rewards, even when those assets are locked in smart contracts (staking, ALM, vaults, etc.) rather than directly in users' wallets.

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

Your ultimate incentive toolkit
Launch campaigns fast
- Create new incentive campaigns in 5 minutes with Merkl Studio
- Select your campaign category and configure rewards on your own
- Personalize everything with options like boosts, eligibility rules, or referrals

Highlight campaigns in-app
- Have your campaigns automatically featured in the Merkl App
- Give users access to a clear leaderboard, claim page, and more
- Customize your dedicated page in the Merkl App to make it truly yours

Track and control easily
- Get a dedicated dashboard with full overview in Merkl Studio
- Access real-time data and explore campaign analytics
- Manage, cancel, or renew campaigns from one place

Discover how top projects grow using Merkl
Hear it from our clients
"Merkl simplifies rewarding users for providing liquidity, whether directly to pools or through automated liquidity managers. This allows Oku users to easily claim their Uniswap v3 rewards without taking on additional smart contract risk."
"Partnering with Merkl allowed us to scale our liquidity initiatives across multiple chains with ease, driving over $100M in added liquidity and $66 in TVL per OP token distributed. Their support was key to the growth of the Optimism ecosystem."
"Working with Merkl has been a real relief for our team. Instead of spending time and resources maintaining a complex in-house reward system, we can now focus fully on building the best lending experience."
"What convinced us to work with Merkl was their ability to adapt their architecture to our security requirements. They delivered a custom wrapper flow that made the refund seamless for users while ensuring Hourglass retained strict control over the vault at all times."
"Working with Merkl has made it much easier to run incentive programs on Aave. Their team is reliable, the integration is smooth, and it has allowed us to launch more ambitious rewards with less overhead."
FAQ
Merkl supports a wide range of incentive campaign types across 50+ chains:
- Liquidity incentives for concentrated liquidity pools (CLAMM) like Uniswap v3 & v4
- Lending & borrowing incentives across protocols like Aave, Morpho, and Euler
- 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)
- 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 a fixed reward rate, variable reward rate, 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!




