Provider at a glance
- Category
- Incentive Distribution
- Entity
- Not verified
- Official website
- docs.merkl.xyz
Independent rankingchecked How it works
Details
Scored 81 out of 100 under methodology 2026.10.18, from the evidence read in August 2026.
Merkl (Angle Labs)
Offchain reward engine
Incentive Distribution
#1 Overall
Ranked #1 of 9 incentive distribution in the published ranking
81
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- High evidence confidence
Is Merkl (Angle Labs) right for you?
Right for you if these matter most
- If someone disputes their number, can anyone outside the vendor recompute it?9/10, the category best
- What has already gone wrong on this machinery, and who is actually running it today?8/10, the category best
- What exactly stops a farm from eating this budget, and what happens when it flags the wrong person?8/10, the category best
Look elsewhere if these come first
- Who is holding my budget, who can still change the list, and what comes back to me?8/10 here; Sablier Airdrops (Merkle Lockups) scores 10
Not yet tested for your country. Markets it lists: Global.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best incentive distribution platform shows where it lands for you.
What will Merkl (Angle Labs) cost you?
Not priced on this basis
- Transactions per year
- 1k
How safe is Merkl (Angle Labs)?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts. Read August 2026.
- LicenceMiCA (EU): no register record on file here.
Alternatives to Merkl (Angle Labs)
Compare all 4- 2Sablier Airdrops (Merkle Lockups)3 points below · stronger on budget control after publication (10 against 8)78
- 3Boost (Rabbithole)10 points below · weaker on recomputable allocation (6 against 9)71
- 4Streamflow11 points below · weaker on recomputable allocation (6 against 9)70
For your setup
Find out if Merkl (Angle Labs) fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where Merkl (Angle Labs) lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best incentive distribution platformNothing is inferred from clicks, popularity or commercial value.
Why it leads
Why Merkl (Angle Labs) ranks #1
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (26.6 here) sit inside the score; availability, friction, trust record and measured data add the rest. Best in this ranking on 3 of 4.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
309+8.646.09#1/9Loading evidence…
288+7.177.010#2/9Loading evidence…
228+5.636.08#1/9Loading evidence…
208+5.127.08#1/9Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin+3over Sablier Airdrops (Merkle Lockups), #2
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 81–82 and stays #1
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of Merkl (Angle Labs)’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
If someone disputes their number, can anyone outside the vendor recompute it? 9 → 7 on its ladder · Sablier Airdrops (Merkle Lockups) passes it−281#1 → #2
Who is holding my budget, who can still change the list, and what comes back to me? 8 → 5 on its ladder · Sablier Airdrops (Merkle Lockups) passes it−379#1 → #2
What has already gone wrong on this machinery, and who is actually running it today? 8 → 5 on its ladder · Sablier Airdrops (Merkle Lockups) passes it−380#1 → #2
Strengths
3 from the score dataWhere it leads
Best for readers who weight
- If someone disputes their number, can anyone outside the vendor recompute it? — 9/10, the category best
- What has already gone wrong on this machinery, and who is actually running it today? — 8/10, the category best
- What exactly stops a farm from eating this budget, and what happens when it flags the wrong person? — 8/10, the category best
Tradeoffs
1 from the score dataWhere it trails
Not for readers who put first
- Who is holding my budget, who can still change the list, and what comes back to me? — 8/10 against a category best of 10/10
Record watch-outs
- The friendly docs page and the Terms PDF do not say the same thing about your leftover budget. docs.merkl.xyz/distribute-with-merkl/fee-model tells you 'Campaign creators on Merkl can freely reallocate all unclaimed rewards once their campaign ends'; Art. 4 of merkl-terms.pdf (last revised 13 May 2026) says that if you have not reallocated within a year, 'Angle Labs reserves the right, at its sole discretion, to recover such unclaimed rewards in whole or in part and to reallocate, redistribute, or otherwise apply them as Angle Labs sees fit, including by reallocating them to other Merkl Campaigns, to other Recipients, to operational reserves', and 'The Incentivizor expressly waives any right to claim, recover, or be reimbursed'. Pair that with Art. 3.3 — Merkl may 'pause, suspend, modify, refuse, terminate' a live campaign at sole discretion 'with or without prior notice' — Art. 5.4, which routes every aggrieved recipient's miscalculation claim to you with an indemnity running back to Angle Labs, and Art. 6, which caps Angle Labs' liability at three months of your fees. A budget-holder who read only the docs will not have priced any of that; the one operational chore that prevents the worst of it is a calendar reminder to reallocate unclaimed rewards inside twelve months.
Competitive position
Where Merkl (Angle Labs) leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#1 / 914.0 of 20 · constant here
Published criteria#1 / 919.9 of 30 · pool best
Friction#1 / 92.7 of 10 · constant here
Trust record#1 / 93.2 of 8 · constant here
Measured data#1 / 98.3 of 18 · constant here
Where Merkl (Angle Labs) leads
- If someone disputes their number, can anyone outside the vendor recompute it?#1 / 9
- Who is holding my budget, who can still change the list, and what comes back to me?#2 / 9
- What has already gone wrong on this machinery, and who is actually running it today?#1 / 9
- What exactly stops a farm from eating this budget, and what happens when it flags the wrong person?#1 / 9
Where it trailsNo criterion in the bottom third of its pool.
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Sablier Airdrops (Merkle Lockups)#2 of 9 · score 78 · 3.0 points behind
Merkl (Angle Labs) leads on
- If someone disputes their number, can anyone outside the vendor recompute it?9 vs 6
- What has already gone wrong on this machinery, and who is actually running it today?8 vs 7
Sablier Airdrops (Merkle Lockups) leads on
- Who is holding my budget, who can still change the list, and what comes back to me?10 vs 8
Largest single reason Merkl (Angle Labs) is ahead: published criteria (+3.4 display points).Scenario cost: Sablier Airdrops (Merkle Lockups) has no verified pricing for this scenario.
Boost (Rabbithole)#3 of 9 · score 71 · 10.0 points behind
Merkl (Angle Labs) leads on
- If someone disputes their number, can anyone outside the vendor recompute it?9 vs 6
- What has already gone wrong on this machinery, and who is actually running it today?8 vs 5
Boost (Rabbithole) leads onNo scored criterion
Largest single reason Merkl (Angle Labs) is ahead: published criteria (+9.6 display points).Scenario cost: Boost (Rabbithole) has no verified pricing for this scenario.
Streamflow#4 of 9 · score 70 · 11.0 points behind
Merkl (Angle Labs) leads on
- If someone disputes their number, can anyone outside the vendor recompute it?9 vs 6
- Who is holding my budget, who can still change the list, and what comes back to me?8 vs 7
- What has already gone wrong on this machinery, and who is actually running it today?8 vs 6
Streamflow leads onNo scored criterion
Largest single reason Merkl (Angle Labs) is ahead: published criteria (+11.2 display points).Scenario cost: Streamflow has no verified pricing for this scenario.
Against #2
81 vs 78 · gap 3.0Why Merkl (Angle Labs) ranks above Sablier Airdrops (Merkle Lockups)
DimensionThisSablier Airdrops (Merkle Lockups)Gap share
Availability · 23% weight · constant here14.014.0same
Published criteria · 35% weight19.918.6+3.4, better
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight · constant here8.38.3same
Published criterionThisSablier Airdrops (Merkle Lockups)Points
If someone disputes their number, can anyone outside the vendor recompute it? · w3096+2.88, better
Who is holding my budget, who can still change the list, and what comes back to me? · w28810−1.79, worse
What has already gone wrong on this machinery, and who is actually running it today? · w2287+0.70, better
Net8178+3.0
Your scenario
Merkl (Angle Labs) is not priced for this scenario
The cheapest published tier that covers your usage. List price before any discount; add-ons priced separately are excluded. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
Transactions per year · your input1k
Rate read from the provider’s published pricing ↗ on 28 October 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
Not priced on this basis
Under the default inputs · USDCategory medianNot priced0 of 9 rows priced
Cheapest pricedNone pricedDifference not stated · availability not applied — set your country to filter
9 of 9 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
Evidence read 17 August 2026
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #1 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.The newest evidence read on the platform is 3 November 2026; this category's reading is older. The scores stand as read on 17 August 2026.
Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
If someone disputes their number, can anyone outside the vendor recompute it?strength 9 · weight 30Report an error—17 August 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Who is holding my budget, who can still change the list, and what comes back to me?strength 8 · weight 28Report an error—17 August 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.What has already gone wrong on this machinery, and who is actually running it today?strength 8 · weight 22Report an error—17 August 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.What exactly stops a farm from eating this budget, and what happens when it flags the wrong person?strength 8 · weight 20Report an error—17 August 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Contract failure (Merkl (Angle Labs) 8/10): the code holding the funds is exploited.Scored by What has already gone wrong on this machinery, and who is actually running it today? · 22%
- Custody failure (Merkl (Angle Labs) 8/10): whoever holds the assets loses or withholds them.Scored by Who is holding my budget, who can still change the list, and what comes back to me? · 28%
- Information failure: the number is wrong or bought, or your data leaks.Scored by If someone disputes their number, can anyone outside the vendor recompute it? · 30% (Merkl (Angle Labs) 9/10)Scored by What exactly stops a farm from eating this budget, and what happens when it flags the wrong person? · 20% (Merkl (Angle Labs) 8/10)
Not assessed by this ranking: Liveness failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.
Facts
facts, not scoresWhat the record publishes
- Pricing
- READ ON https://
docs .merkl .xyz /distribute-with-merkl /fee-model (fetched 28 October 2026, HTTP 200): "Merkl's fees are deducted from the campaign budget when the campaign starts. You do not deposit extra tokens to cover them." "Standard campaign fee: 3% of distributed incentives"; "Airdrops: 0.5%, added on top of the distributed amount."; "Encompassing campaigns: 1.5%, added on top of the distributed amount." Degressive schedule: "3% on the first $1M distributed", "2.25% on amounts between $1M and $2.5M", "1.75% on amounts between $2.5M and $5M", "1.5% on amounts above $5M"; "Merkl offers a 25% fee discount when you commit upfront to campaigns distributing more than $500k in total incentives." Vendor example: a 100-token campaign at 3%, "Merkl collects 3 tokens when the campaign starts." Unclaimed rewards: "One year after the campaign's end, if the campaign creators have not previously reallocated rewards and if there remain unclaimed rewards, Merkl reserves the right to reclaim them." Support tiers are priced separately on Merkl Services, not re-read here.Merkl (Angle Labs) — official pricing page ↗ · 28 October 2026 - Prices published in
- USDMerkl (Angle Labs) — official pricing page ↗ · 28 October 2026
- Licences held
- Not published
- Compliance level
- partial
- Regulatory note
- Not published
- Supported chains
- ethereum, arbitrum, base, optimism, polygon, avalanche, bnb, gnosis, celo, mantle, monad, hyperevm, katana, plasma, plume, sei, ink, world-chain, rootstock, immutable, kaia, hemi, fraxtal, mezo, megaeth, tempo, pharos, fluent, stable, 0g, robinhood-chain, stellar
- Markets served
- global
- Primary markets
- Not published
- Restricted markets
- Not published
- Operating limits
- Not published
- Availability note
- NO MARKET RESTRICTION FOUND — what is published is the standard OFAC/sanctions representation that nearly every crypto ToS carries, and it applies everywhere rather than describing a regional footprint. Read on https://
docs .merkl .xyz /merkl-terms .pdf (17 August 2026): Angle Labs may act if '(d) You are the target of any sanctions administered or enforced by the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC"), the United Nations Security Council, the European Union, His Majesty's Treasury, or any other legal or regulatory authority in any applicable jurisdiction; (e) either You, as an individual or an entity, are listed on the Specially Designated Nationals and Blocked Persons List ("SDN List"), Consolidated Sanctions List ("Non-SDN Lists"), or any other sanctions lists administered by OFAC; (f) You are located, organized, or resident in a jurisdiction subject to comprehensive sanctions administered by OFAC, the European Union, the United Nations, His Majesty's Treasury, or any other applicable authority, or in any jurisdiction that Angle Labs designates from time to time as a restricted jurisdiction'. ONE THING WORTH FLAGGING as more than boilerplate: the trailing clause of (f) reserves an open-ended power to designate restricted jurisdictions unilaterally, and NO such list is published anywhere on docs.merkl.xyz — so a buyer cannot check today whether their recipients' jurisdictions are in scope. The ToS also contains no governing-law or forum clause that my text extraction could find ('Governing Law' returns 0 hits across the 13 pages). No named country exclusion (no 'United States' hit anywhere in the document).
No confirmed legal entity is on file for this record. Nothing is inferred from the brand name.
If something goes wrong with Merkl (Angle Labs): where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
9 methodology entries
- 17 August 2026Current verified snapshot · methodology 2026.10.18Score 81, #1 of 9. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.7Forty-one more products are offered only where their own quoted terms serve- fixed 141 country exclusions on 31 rows, each the name of a country the row's own quoted terms exclude: for example Mercuryo Hungary, China, Pakistan, Bangladesh, Chile, Colombia and Morocco; Gemini Custody the United Kingdom, Australia and the EU after its wind-down; Backed xStocks the US, Canada, the UK, Australia, Nigeria, the Philippines and Venezuela.
- changed Thirteen rows list the only countries their terms serve: Coins.ph the Philippines, Spritz bill pay, Brex, Unchained, WisdomTree, Franklin BENJI and AnchorWatch the United States (with its territories for AnchorWatch), PRYPCO Mint the UAE, N26 crypto seven EU countries, Gemini Tokenized Stocks the EU, XNET the US, Canada and the UK, Coldbit Steel and MetaMask Card the countries they list.
- changed Published (no-country) orders do not move. Country results change: in India six categories each lose one row (bill pay, cards, off-ramps, P2P, seed backup, tokenised real estate), and bill pay there has no row confirmed available, so it shows the published order marked as such; country pages list 23 fewer rows (24,357 to 24,334). The grounding test now matches full country names in any case, which shows seven earlier exclusions were quoted all along: the named debt of unquoted exclusions falls from 40 to 33 pairs.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
Methodology 2026.10.18, the same published run every visitor sees · receipt incentive_distribution:merkl:2026.10.18:f89bd9058d07
Are you Merkl (Angle Labs)? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.