1. Explore opportunities
Visit the Opportunities page on the Merkl App and browse the available opportunities to find the one that suits you best. You can filter by chain, protocol, token, and more for an easy overview. You can also compare them based on criteria like APR or daily rewards to estimate your earnings.
2. Check campaign details
Select an opportunity and review campaign details such as APR, TVL, daily rewards, end date, and distribution strategy.
✅ Make sure to check the eligibility rules (e.g., blacklist, health factor) to confirm you qualify for rewards.
⚠️ Do not get lured by high APRs. Rewards may be limited to whitelisted addresses or mostly go to large positions.
3. Interact with the protocol
Use the CTA button on the opportunity page to interact directly with the incentivized protocol (e.g., supply, lend, borrow).
⚠️ Always do your own research (DYOR) before investing and ensure you trust the protocol you’re interacting with.
Merkl is non-custodial. No funds are held in Merkl smart contracts. You interact directly with the protocols, while Merkl tracks your onchain activity and distributes rewards accordingly.
The main risks when using Merkl come from the underlying protocols, which may have smart contract vulnerabilities or operational issues that could put your funds at risk.
Merkl is not responsible for any issues arising from incentivized protocols running campaigns on the platform.
4. Start earning rewards
Once you’ve interacted with the protocol, you’ll start earning rewards automatically. No staking or additional onchain actions are required.
Visit the Dashboard page of the Merkl App and connect your wallet to view your accrued rewards.
5. Claim your rewards
Claim your rewards from your Merkl Dashboard. Ensure you are connected with the same wallet used to interact with the protocol. Make sure to claim all your rewards within a year of receiving them!
