---
title: "Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum — Campaign 0x8baead…"
description: "Campaign on Ethereum distributing PIKU."
canonical: "http://app-merkl.angle.money/opportunities/9947373167090252312/campaigns/0x8baeaddd534d026f863670107e64482a50a822bd501f70cc00b69c49cb20a4d0"
chain: "Ethereum"
token: "PIKU"
status: "live"
start: "2026-06-25"
end: "2026-07-02"
---

# Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum — Campaign 0x8baead…

## Back to

- [Parent opportunity Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum (markdown)](http://app-merkl.angle.money/opportunities/9947373167090252312.md)
- [Parent opportunity Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum (HTML)](http://app-merkl.angle.money/opportunities/9947373167090252312)
- [Ethereum chain (markdown)](http://app-merkl.angle.money/chains/ethereum.md)
- [Morpho protocol (markdown)](http://app-merkl.angle.money/protocols/morpho.md)

## Overview

- **Reward token**: PIKU
- **Total amount**: 11978.09719 PIKU
- **Daily rewards (token)**: 1,711.156741 PIKU
- **Daily rewards ($)**: $273.79
- **APR**: 4.76%
- **TVL**: $2,097,302.35
- **Start**: 2026-06-25
- **End**: 2026-07-02

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: DUTCH_AUCTION
- **Compute chain ID**: 1
- **Campaign APR**: 4.76%
- **Opportunity native APR**: 19.72%

## Advanced

- **Campaign ID**: 0x8baeaddd534d026f863670107e64482a50a822bd501f70cc00b69c49cb20a4d0
- **Internal ID**: 5413131835930527311
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 2647967955615215254
- **Creator**: [0xD28200A0B9386EBE60e8a54038700a9CEaae2101](http://app-merkl.angle.money/users/0xD28200A0B9386EBE60e8a54038700a9CEaae2101.md)
- **Created at**: 2026-06-24

## Leaderboard

- [Paginated leaderboard (markdown)](http://app-merkl.angle.money/opportunities/9947373167090252312/campaigns/0x8baeaddd534d026f863670107e64482a50a822bd501f70cc00b69c49cb20a4d0/leaderboard.md) — append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](http://app-merkl.angle.money/opportunities/9947373167090252312/campaigns/0x8baeaddd534d026f863670107e64482a50a822bd501f70cc00b69c49cb20a4d0)
- [Parent opportunity Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum (markdown)](http://app-merkl.angle.money/opportunities/9947373167090252312.md)
- [Ethereum chain (markdown)](http://app-merkl.angle.money/chains/ethereum.md)
- [PIKU token (markdown)](http://app-merkl.angle.money/tokens/PIKU.md)