Lending and borrowing
Launch incentive campaigns to reward users who supply or borrow crypto assets on protocols like Aave, Morpho, Euler, and more, including net lending and net borrowing strategies to avoid looping
What you get
Net lending & borrowing
Run incentive campaigns that reward net lenders and net borrowers only. Eliminate looping behaviors, reduce incentive leakage, and align rewards with real economic activity
No overpaying
Make sure you never overpay for liquidity by using a capped APR when creating your campaign. The APR will never exceed the set limit
Smart distribution
Thanks to our forwarding technology, reward users even when they deposit liquidity into the lending market through an intermediary (staking contract, lending aggregator, etc.)
Incentivize any use case
Liquidity provisioning
Learn more →
Learn more →
Lending & borrowing
Learn more →
Learn more →
Point system
Learn more →
Learn more →
Airdrop
Learn more →
Learn more →
Grant distribution
Learn more →
Learn more →
Token launch
Learn more →
Learn more →
Stablecoin
Learn more →
Learn more →
Don't see your use case?
Send us a message →
Send us a message →
Check live lending & borrowing campaigns
Explore the lending and borrowing campaigns currently live in the Merkl App. Review their parameters, track TVL and APR evolution, and see how they are performing.

INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
INCENTIVIZE — ENGAGE — GROW —
Start incentivizing in seconds
1
Choose an asset
Specify the vault, market, or pool you want to incentivize
2
Select incentives
Set the rewards to be distributed (token, chain, amount, dates)
3
Launch campaign
Confirm options, details, and sign the transaction to start distributing incentives
Merkl stories


