---
title: "Supply to Paypal USD Main V2 vault on Morpho on Ethereum — Campaign 0x45b16e…"
description: "Campaign on Ethereum distributing PYUSD."
canonical: "https://app-merkl.angle.money/opportunities/18030207387280065324/campaigns/0x45b16ee8b9fb5e19069c8691aac1abb68ffe5d2c5060d74e2e4ee4d6d9950ef4"
chain: "Ethereum"
token: "PYUSD"
status: "live"
start: "2026-10-08"
end: "2026-10-15"
rewardsComputedUntil: "2026-10-14T12:39:11.000Z"
generated: "2026-10-14T13:09:55.217Z"
---

# Supply to Paypal USD Main V2 vault on Morpho on Ethereum — Campaign 0x45b16e…

## Back to

- [Parent opportunity Supply to Paypal USD Main V2 vault on Morpho on Ethereum (markdown)](https://app-merkl.angle.money/opportunities/18030207387280065324.md)
- [Parent opportunity Supply to Paypal USD Main V2 vault on Morpho on Ethereum (HTML)](https://app-merkl.angle.money/opportunities/18030207387280065324)
- [Ethereum chain (markdown)](https://app-merkl.angle.money/chains/ethereum.md)
- [Morpho protocol (markdown)](https://app-merkl.angle.money/protocols/morpho.md)

## Overview

- **Reward token**: PYUSD
- **Total amount**: 221625 PYUSD
- **Daily rewards (token)**: 31,660.714325 PYUSD
- **Daily rewards ($)**: $31,660.71
- **APR**: 2.90%
- **TVL**: $398,746,735.99
- **Start**: 2026-10-08
- **End**: 2026-10-15

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 1
- **Campaign APR**: 2.90%
- **Opportunity native APR**: 2.62%

## Advanced

- **Campaign ID**: 0x45b16ee8b9fb5e19069c8691aac1abb68ffe5d2c5060d74e2e4ee4d6d9950ef4
- **Internal ID**: 14133230534161838549
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 12458891416669648626
- **Creator**: [0x43076BcfAe3D19d8A839dFa10597EC3012151609](https://app-merkl.angle.money/users/0x43076BcfAe3D19d8A839dFa10597EC3012151609.md)
- **Created at**: 2026-10-07

## Leaderboard

- [Paginated leaderboard (markdown)](https://app-merkl.angle.money/opportunities/18030207387280065324/campaigns/0x45b16ee8b9fb5e19069c8691aac1abb68ffe5d2c5060d74e2e4ee4d6d9950ef4/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app-merkl.angle.money/opportunities/18030207387280065324/campaigns/0x45b16ee8b9fb5e19069c8691aac1abb68ffe5d2c5060d74e2e4ee4d6d9950ef4)
- [Parent opportunity Supply to Paypal USD Main V2 vault on Morpho on Ethereum (markdown)](https://app-merkl.angle.money/opportunities/18030207387280065324.md)
- [Ethereum chain (markdown)](https://app-merkl.angle.money/chains/ethereum.md)
- [PYUSD token (markdown)](https://app-merkl.angle.money/tokens/PYUSD.md)