Snapshot date: Oct 10 2026
Strategies recap
| Strategy Name | Volume or TVL | Addresses | Rewards | Efficiency ($ of TVL attributed by towards of incentives) | Campaign |
|---|---|---|---|---|---|
| Fluid | $4M | 91 | $10k | https://app.merkl.xyz/opportunities/8734098007164661471 |

→ We look at the retention of the top 10% liquidity provider to the campaign (bringing 98%+ of the liquidity)
| Percentage of liquidity on Fluid since the end of the campaign vs. overall liquidity provided
| 4 weeks after campaign end | Ratio of top campain participants still in this range |
|---|---|
| >0% i.e. still on the chain | |
| +10% | |
| +30% | |
| +50% | |
| +70% |
Interpretation: → XX% of the top users kept at least XX% of their money in Katana even 6 weeks after the campaign ended.