---
title: "Supply to Frax USDai Ecosystem V2 vault on Morpho on Ethereum"
description: "Earn rewards by supplying to the Frax USDai Ecosystem V2 vault on Morpho on Ethereum"
canonical: "https://app.merkl.xyz/opportunities/8902711639926085539"
chain: "Ethereum"
protocol: "Morpho"
type: "ERC20LOGPROCESSOR"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-09-30T19:18:28.000Z
generated: "2026-10-08T20:43:51.420Z"
---

# Supply to Frax USDai Ecosystem 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 Frax USDai Ecosystem V2 vault on Morpho on Ethereum

## Key metrics

- **Total Value Locked**: $1,215,945.73
- **APR**: 6.65%
- **Protocol APR**: 2.81%
- **Daily rewards**: $221.49
- **Live campaigns**: 2
- **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)
- [re7frxUSD](https://app.merkl.xyz/tokens/re7frxUSD.md)

## Campaigns : page 1 of 1 (2 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [10673414…](https://app.merkl.xyz/opportunities/8902711639926085539/campaigns/10673414753042593945.md) | live | [WFRAX](https://app.merkl.xyz/tokens/WFRAX.md) | 0.47% | $15.49 | 2026-09-28 | 2026-10-31 |
| [0xbb345f…](https://app.merkl.xyz/opportunities/8902711639926085539/campaigns/0xbb345f798b2fe97e5ddb4e022dec80bf7a873bb388244d41ec26aea2d461417f.md) | live | [frxUSD](https://app.merkl.xyz/tokens/frxUSD.md) | 6.18% | $206 | 2026-10-01 | 2026-10-11 |

## Participate

- [Deposit](https://app.morpho.org/ethereum/vault/0x07ecd7E0C348d526902258e3B1c4f2898057E611)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/8902711639926085539)
- [Ethereum chain page](https://app.merkl.xyz/chains/ethereum)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)