---
title: "Supply to Alpha Frax USD Enhanced V2 vault on Morpho on Ethereum"
description: "Earn rewards by supplying to the Alpha Frax USD Enhanced V2 vault on Morpho on Ethereum"
canonical: "https://app.merkl.xyz/opportunities/17434351989547547847"
chain: "Ethereum"
protocol: "Morpho"
type: "ERC20LOGPROCESSOR"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-06-01T08:41:39.000Z
generated: "2026-10-22T22:19:25.438Z"
---

# Supply to Alpha Frax USD Enhanced V2 vault on Morpho on Ethereum

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

Earn rewards by supplying to the Alpha Frax USD Enhanced V2 vault on Morpho on Ethereum

## Key metrics

- **Total Value Locked**: $10,800.92
- **APR**: 0.31%
- **Protocol APR**: 0.76%
- **Daily rewards**: $0.09
- **Live campaigns**: 1
- **Chain**: Ethereum
- **Protocol**: Morpho
- **Protocol trusted**: Yes, verified by DefiLlama (https://defillama.com/protocol/morpho-blue)

## Tokens

- [frxUSD](https://app.merkl.xyz/tokens/frxUSD.md)
- [alphaFraxUSDenhanced](https://app.merkl.xyz/tokens/alphaFraxUSDenhanced.md)

## Campaigns : page 1 of 1 (11 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [16096673…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/16096673315245024825.md) | live | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.31% | $0.09 | 2026-09-28 | 2026-10-31 |
| [0x5be7b9…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/0x5be7b95f3b8f5ada195623b634176b02056b9d6db906e0b9367e447f72553d7f.md) | past | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.00% | $0 | 2026-05-29 | 2026-06-26 |
| [69380029…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/6938002957713972055.md) | past | [frxUSD](https://app.merkl.xyz/tokens/frxUSD.md) | 0.00% | $0 | 2026-06-01 | 2026-06-10 |
| [0x8e91fd…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/0x8e91fd64d6488f46f604ffbf106dcd08bcf9df367869f1579a923871a6c9919a.md) | past | [PIKU](https://app.merkl.xyz/tokens/PIKU.md) | 0.00% | $0 | 2026-05-28 | 2026-06-04 |
| [12048463…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/12048463771098869691.md) | past | [frxUSD](https://app.merkl.xyz/tokens/frxUSD.md) | 0.00% | $0 | 2026-05-05 | 2026-06-01 |
| [0x98e147…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/0x98e147f6269862b1d9b3a50e246a706df37b28b66e87ade68bb69494b690db7d.md) | past | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.00% | $0 | 2026-05-15 | 2026-05-29 |
| [0x8e4c9a…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/0x8e4c9a3a75c0e71ea1a495cd7fee7fdbfeafcfd4671d5cc886f1f07611d305e1.md) | past | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.00% | $0 | 2026-04-29 | 2026-05-13 |
| [10967393…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/10967393589274493008.md) | past | [frxUSD](https://app.merkl.xyz/tokens/frxUSD.md) | 0.00% | $0 | 2026-04-30 | 2026-05-05 |
| [0xc06785…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/0xc06785274e022d9585b36d7e37783739127c154b56e184d4bdac4cc153ed6b29.md) | past | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.00% | $0 | 2026-03-15 | 2026-03-31 |
| [0x7ee117…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/0x7ee11789be5dae55e85b083f05e84303f9f4be63f3d6def3e7aade8f29c6155f.md) | past | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.00% | $0 | 2026-02-28 | 2026-03-15 |
| [0x7f4e7e…](https://app.merkl.xyz/opportunities/17434351989547547847/campaigns/0x7f4e7e6da3353a9aab115311a8addf3d087dac30cf19615cec202cbec0e85eed.md) | past | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.00% | $0 | 2026-02-19 | 2026-02-28 |

## Participate

- [Deposit](https://app.morpho.org/ethereum/vault/0xd8CD72A2eB7A4312404C00AeD5172C0026da0C27)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/17434351989547547847)
- [Ethereum chain page](https://app.merkl.xyz/chains/ethereum)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)