Discover the best DeFi opportunities with expert research and risk insights.

Merkl

Other

Merkl is a side project from Angle that helps anyone incentivize concentrated liquidity positions in a more efficient way. It allows cusotmization of how rewards are distributed to shape liquidity in specific ways.

Risk Rating
Best
Protocol Code Quality
Protocol Maturity
Protocol Design
What is Merkl?
Information
Exploit/Hacks
None
Info
Key Metrics
  • TVL: $0 (Rank #334)
  • TVL Ranking by Other: #0
  • Blockchain: Ethereum, Polygon, Optimism, Arbitrum, Base, Polygon zkEVM
  • Chain TVL
    • Ethereum: $0
    • Polygon: $0
    • Optimism: $0
    • Arbitrum: $0
    • Base: $0
    • Others: $0
Risk Assessment
Best
Protocol Code Quality
  • Code reviewed by several experienced auditors
  • Public team promotes accountability
  • No documented protocol hacks since launch
Protocol Maturity
  • Latest protocol version launched in 2023; maturity over one year minimizes technical risk as smart contracts are well battle-tested
  • Core contracts are fully immutable
  • No governance token and/or contracts are fully immutable
Protocol Design
  • Merkl is a non-custodial incentives platform for distributing protocol rewards to liquidity providers in DeFi.
Things to know about Merkl
Merkl Pools
Merkl-Morpho USD Lending (Steakhouse)
~
Yield
~
TVL
Risk
A
Protocol
Merkl
Chain
Base
Merkl-Turtle Club BTC Staking
~
Yield
~
TVL
Risk
C
Protocol
Merkl
Chain
Ethereum
Merkl-Morpho USD Lending
~
Yield
~
TVL
Risk
B
Protocol
Merkl
Chain
Ethereum
Merkl-Turtle Club BTC Staking
~
Yield
~
TVL
Risk
B
Protocol
Merkl
Chain
Ethereum
Merkl-Morpho BTC Lending
~
Yield
~
TVL
Risk
A
Protocol
Merkl
Chain
Ethereum
Merkl-Morpho USD Lending (Smokehouse)
~
Yield
~
TVL
Risk
B
Protocol
Merkl
Chain
Ethereum
Merkl-Morpho USD Lending
0.8%
Yield
$2B
TVL
Risk
B
Protocol
Merkl
Chain
Ethereum
Merkl-Aave USD Lending
8.7%
Yield
$1B
TVL
Risk
B
Protocol
Merkl
Chain
Ethereum
Merkl-Morpho USD Lending (Spark)
0.7%
Yield
$686M
TVL
Risk
B
Protocol
Merkl
Chain
Base
Merkl-Morpho USD Lending
2.1%
Yield
$462M
TVL
Risk
B
Protocol
Merkl
Chain
Base