Merkl
Merkl is onchain distribution infrastructure that streams yield, dividends, and rewards to users across blockchains, with an API for integration.
- Category
- DeFi & Yield
About Merkl
Merkl is an onchain money streaming and reward distribution platform developed by Angle Labs, Inc. It allows stablecoin issuers, fintechs, neobanks, and tokenized funds to calculate and stream yield, dividends, coupons, and payouts onchain across supported blockchains.
The platform enables organizations to automate cashflows, power wallet and exchange Earn sections, pay employees or vendors privately, and trace asset ownership across smart contracts. Users can manage payouts through self-serve options or integrate features via the Merkl API.
Key features
- Automates onchain cashflows for stablecoin yield, tokenized assets, and private payments.
- Supports multiple APR structures, including variable, fixed, capped, and target models.
- Traces asset ownership across nested smart contracts such as lending markets, vaults, and staking contracts.
- Provides fine-grained eligibility rules including blacklist options, wallet balance minimums, and holding durations.
- Exposes an API to display yield, pull payout data, and embed claiming functionality into third-party dashboards.
- Offers an Analytics API for position data, transaction details, and PnL tracking.
What it is used for
- Stream yield to stablecoin holders according to activity and specific eligibility criteria.
- Distribute dividends, coupons, and yield to investors in tokenized bonds, shares, or funds.
- Pay employees, contractors, and vendors onchain without exposing amounts publicly.
- Integrate live reward claiming and yield analytics directly into third-party applications via API.
What it does
Who it is for
Kind of tool
- Aggregator
Platforms
- Web
- API
Things to know
- Developers require API keys to authenticate production access to the Merkl API.
- Integrators using the Merkl API must adhere to specific attribution guidelines.
Official channels
Follow these, not look-alikes: each is linked from Merkl’s own website or confirmed by its team.
- X (opens in a new tab)Verified from merkl.xyz, checked October 27, 2026
Verification and freshness
- Not verified yet.
- Last updated on November 8, 2026.
