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Merkl Stories

Discover how companies use Merkl to distribute yield, dividends, and rewards

FAQ

What is Merkl? Merkl is the onchain distribution infrastructure used by stablecoin issuers, fintechs, exchanges, tokenized funds, and DeFi protocols to send yield, dividends, and rewards to their users. Companies such as PayPal, Circle, Coinbase, SG-Forge, Kraken, and Morpho distribute through Merkl.
How does onchain distribution work? Onchain distribution infrastructure automates how companies send yield, dividends, or rewards to their users on the blockchain. The platform identifies eligible recipients based on holdings or activity, then routes assets directly to them, even when those assets sit inside other smart contracts.
What types of distributions does Merkl support?

Merkl supports any onchain distribution across 60+ chains: yield to stablecoin holders, Earn product yield for wallets and fintechs, dividends and coupons on tokenized assets, extra yield to liquidity providers on DEX pools and lending markets, airdrops with custom eligibility, point systems. Our engine supports any new distribution logic on demand.

Does Merkl charge fees?

Standard distributions come with a 3% maintenance fee, with a reduced 0.5% fee for airdrops. Merkl is free for end users, aside from gas fees. For custom programs or long-term partnerships, reach out for tailored pricing.

What's the best distribution strategy?

It depends on your goals. Stablecoin issuers often distribute yield based on holding activity. Fintechs and exchanges layer Merkl yield on top of native rates in their Earn product. Tokenized fund issuers distribute dividends to holders. Optimizing also means choosing the right APR model: variable, fixed, capped, or target.

 

How do I get started with Merkl?

Head to Merkl Studio, set your distribution parameters (asset, chain, eligibility, dates), and launch in a few clicks. Have questions or need guidance? Our team is here to help, whether you're testing your first distribution or running a large-scale institutional program.

Ready to get started?