---
title: "Supply to Paypal USD Main V2 vault on Morpho on Ethereum — Campaign 0x698501…"
description: "Campaign on Ethereum distributing PYUSD."
canonical: "https://app.merkl.xyz/opportunities/18030207387280065324/campaigns/0x698501344070bbe67a9bee6ad7c6e427f4412ac8dd835de34314c3ea8bec428e"
chain: "Ethereum"
token: "PYUSD"
status: "live"
start: "2026-10-29"
end: "2026-11-05"
rewardsComputedUntil: "2026-11-03T19:06:47.000Z"
generated: "2026-11-03T19:22:22.549Z"
---

# Supply to Paypal USD Main V2 vault on Morpho on Ethereum — Campaign 0x698501…

## Back to

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

## Overview

- **Reward token**: PYUSD
- **Total amount**: 216700 PYUSD
- **Daily rewards (token)**: 30,968.377478 PYUSD
- **Daily rewards ($)**: $30,968.38
- **APR**: 3.17%
- **TVL**: $356,343,604.93
- **Start**: 2026-10-29
- **End**: 2026-11-05

## Metrics

- **Latest day**: 2026-11-03
- **TVL**: $356,343,604.93
- **APR**: 3.17%
- **Wallets**: 439
- **History since**: 2026-10-29

| Date | TVL | APR | Wallets |
| --- | --- | --- | --- |
| 2026-11-03 | $356,343,604.93 | 3.17% | 439 |
| 2026-11-02 | $349,250,032.6 | 3.24% | 443 |
| 2026-11-01 | $351,218,309.42 | 3.22% | 437 |
| 2026-10-31 | $351,125,320.97 | 3.22% | 444 |
| 2026-10-30 | $338,031,534.16 | 3.34% | 441 |
| 2026-10-29 | $316,769,163.12 | 3.57% | 458 |

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 1
- **Campaign APR**: 3.17%
- **Opportunity native APR**: 2.20%

## Advanced

- **Campaign ID**: 0x698501344070bbe67a9bee6ad7c6e427f4412ac8dd835de34314c3ea8bec428e
- **Internal ID**: 1537482842845040488
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 12458891416669648626
- **Creator**: [0x43076BcfAe3D19d8A839dFa10597EC3012151609](https://app.merkl.xyz/users/0x43076BcfAe3D19d8A839dFa10597EC3012151609.md)
- **Created at**: 2026-10-28

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/18030207387280065324/campaigns/0x698501344070bbe67a9bee6ad7c6e427f4412ac8dd835de34314c3ea8bec428e/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/18030207387280065324/campaigns/0x698501344070bbe67a9bee6ad7c6e427f4412ac8dd835de34314c3ea8bec428e)
- [Parent opportunity Supply to Paypal USD Main V2 vault on Morpho on Ethereum (markdown)](https://app.merkl.xyz/opportunities/18030207387280065324.md)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [PYUSD token (markdown)](https://app.merkl.xyz/tokens/PYUSD.md)