Trading
Create engaging trading competitions for your community, or simply reward users for performing specific one-time actions, like swaps
What you get
No user connection to Merkl is required to be eligible. The Merkl Engine automatically detects and tracks all eligible swaps
Offer your users an automatically generated leaderboard in the Merkl App to gamify the experience and boost engagement
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 →Check live trading campaigns
Explore current and past trading campaigns in the Merkl App. Review their parameters, discover the leaderboard, check key metrics, and see how they’re performing.

INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
Start incentivizing in seconds
Specify the asset to be traded, the amount, the protocol, and the chain on which users must trade to be eligible for rewards
Discover how top projects grow using Merkl
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!


