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Rewards on the Morpho app

Updated over a month ago

How to identify vaults and markets eligible to rewards?

The vaults and market eligible to rewards are identified with a three little blue stars logo:

You can hover on the APY (for a vault) or the Borrow rate (for a market) to see the breakdown of the rate featuring potential rewards:

How to monitor and claim my rewards?

You can monitor your rewards (claimable and accruing) in the top of main Earn and borrow pages on your position recap section.
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You will access the rewards details and claim by clicking on the "Rewards" button:

How rewards are distributed on Morpho?

Rewards on Morpho are distributed via Merkl.
Alternatively, one can monitor and claim its rewards via the Merkl app.

I didn't receive my rewards, why?

If you should be eligible for rewards but don't see your claimable balance increase after an 8h cycle, it is possible that there is some delay on Merkl rewards distribution.
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You can check rewards programs potential delay in the Merkl status page.

Is there a deadline to claim my rewards?

Yes, rewards distributed via Merkl have a one year expiry date after the rewards campaign ends.
For instance, if the rewards campaign you are eligible for ended on August 31 2025, the related rewards will be claimable until August 31 2026 and won't be claimable anymore from September 1 2026 onward.
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If any issue, you can contact Morpho via the chatbox.

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