Merkl stories
How Morpho uses Merkl to reward vault depositors
Morpho uses Merkl to stream rewards across its lending markets. Protocols running their vault on top of Morpho also rely on Merkl to add their own reward layer and attract liquidity.
Use case
Bootstrap your vault liquidity
Supplement your vault's native yield with targeted rewards, using Merkl's infrastructure to automate payouts, control costs, and scale without operational overhead
Trusted by leading vault curators
Gauntlet
Veda
Sentora
StakeDAOGauntletVedaSentoraStakeDAOGauntletVedaSentoraStakeDAOGo live in days, not months
Set up your first vault reward campaign in minutes from Merkl Studio. Merkl natively supports the leading vault infrastructures in DeFi, including Morpho, Midas, Yearn and Veda. No smart contract deployment, no custom integrations, no dev overhead.
Never overpay for liquidity
Align your reward spend with real user adoption. Merkl continuously tracks how much liquidity users actually bring to your product and calculates the exact rewards needed to deliver the promised APR. If participation falls short of expectations, your spend adjusts automatically, so you never overpay for liquidity you did not attract.
Lock in a stable APY
Merkl's stable APY mode lets you set a fixed yield target and automatically adjusts reward distribution as your native yield fluctuates. The yield your depositors see stays stable and predictable, no matter what the market does.
Integrate smooth, automated rewards
Deliver a fully embedded rewards experience directly within your Earn section using Merkl's API. Enable automatic reward claiming for all eligible users, with no manual steps required. Your users earn rewards without even knowing it.
