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Merkl

Total Value Locked$0

TVL by Chain

Ethereum$0

Polygon$0

OP Mainnet$0

Arbitrum$0

Base$0

Polygon zkEVM$0

Protocol Information

Merkl helps anyone incentivize concentrated liquidity positions in a more efficient way. It allows to customize how rewards are distributed to shape liquidity in specific ways.

WebsiteX/Twitter
Category:Yield

Methodology

TVL: Merkl is a side product from Angle Labs used to reward concentrated liquidity positions. It doesn't have any TVL. See the yield dashboard for a list of Merkl pools.View code on GitHub

Competitors

Aura ($8.12m)Stake DAO Yield ($123.33m)Toros ($4.07m)VaultCraft ($541,592)Napier ($74,832)Spark Savings ($1.275b)Pendle V2 ($1.011b)Spectra V2 ($12.49m)Equilibria ($8.45m)Penpie ($4.35m)

Merkl history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 15, 2023 to Nov 12, 2026.

All-time high TVL: $0 on May 15, 2023.

Daily TVL, Oct 14, 2026 to Nov 12, 2026

DateTVL
Oct 14, 2026$0
Oct 15, 2026$0
Oct 16, 2026$0
Oct 17, 2026$0
Oct 18, 2026$0
Oct 19, 2026$0
Oct 20, 2026$0
Oct 21, 2026$0
Oct 22, 2026$0
Oct 23, 2026$0
Oct 24, 2026$0
Oct 25, 2026$0
Oct 26, 2026$0
Oct 27, 2026$0
Oct 28, 2026$0
Oct 29, 2026$0
Oct 30, 2026$0
Oct 31, 2026$0
Nov 1, 2026$0
Nov 2, 2026$0
Nov 3, 2026$0
Nov 4, 2026$0
Nov 5, 2026$0
Nov 6, 2026$0
Nov 7, 2026$0
Nov 8, 2026$0
Nov 9, 2026$0
Nov 10, 2026$0
Nov 11, 2026$0
Nov 12, 2026$0

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$0
Jan 31, 2025$0
Feb 28, 2025$0
Mar 31, 2025$0
Apr 30, 2025$0
May 31, 2025$0
Jun 30, 2025$0
Jul 31, 2025$0
Aug 31, 2025$0
Sep 30, 2025$0
Oct 31, 2025$0
Nov 30, 2025$0
Dec 31, 2025$0
Jan 31, 2026$0
Feb 28, 2026$0
Mar 31, 2026$0
Apr 30, 2026$0
May 31, 2026$0
Jun 30, 2026$0
Jul 31, 2026$0
Aug 31, 2026$0
Sep 30, 2026$0
Oct 31, 2026$0
Nov 12, 2026 (latest)$0

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$0
Dec 31, 2024$0
Dec 31, 2025$0

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/merkl

Frequently asked questions

What is Merkl's TVL?

As of Nov 12, 2026, Merkl has $0 in total value locked.

What chains does Merkl operate on?

Merkl operates on 6 chains: Ethereum, Polygon, OP Mainnet, Arbitrum, and Base and 1 others.

How does Merkl's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Merkl ranks #534 by TVL. The category holds $4.062b across 579 protocols, and Merkl accounts for 0% of that total. Similar protocols include Aura, Stake DAO Yield, Toros, VaultCraft, Napier, Spark Savings, Pendle V2, Spectra V2, Equilibria, and Penpie.