---
title: "Supply to Paypal USD Main V2 vault on Morpho on Ethereum — Campaign 0xb49167…"
description: "Campaign on Ethereum distributing PYUSD."
canonical: "https://app-a.merkl.xyz/opportunities/18030207387280065324/campaigns/0xb49167e0782f94afbdafd43b2e27336f709b9ae24aa648b0738ffb6b95b876fa"
chain: "Ethereum"
token: "PYUSD"
status: "live"
start: "2026-08-20"
end: "2026-08-27"
---

# Supply to Paypal USD Main V2 vault on Morpho on Ethereum — Campaign 0xb49167…

## Back to

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

## Overview

- **Reward token**: PYUSD
- **Total amount**: 206850 PYUSD
- **Daily rewards (token)**: 29,682.300803 PYUSD
- **Daily rewards ($)**: $29,682.3
- **APR**: 3.03%
- **TVL**: $357,648,508.6
- **Start**: 2026-08-20
- **End**: 2026-08-27

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 1
- **Campaign APR**: 3.03%
- **Opportunity native APR**: 2.28%

## Advanced

- **Campaign ID**: 0xb49167e0782f94afbdafd43b2e27336f709b9ae24aa648b0738ffb6b95b876fa
- **Internal ID**: 3708058045744087565
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 12458891416669648626
- **Creator**: [0x43076BcfAe3D19d8A839dFa10597EC3012151609](https://app-a.merkl.xyz/users/0x43076BcfAe3D19d8A839dFa10597EC3012151609.md)
- **Created at**: 2026-08-19

## Leaderboard

- [Paginated leaderboard (markdown)](https://app-a.merkl.xyz/opportunities/18030207387280065324/campaigns/0xb49167e0782f94afbdafd43b2e27336f709b9ae24aa648b0738ffb6b95b876fa/leaderboard.md) — append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app-a.merkl.xyz/opportunities/18030207387280065324/campaigns/0xb49167e0782f94afbdafd43b2e27336f709b9ae24aa648b0738ffb6b95b876fa)
- [Parent opportunity Supply to Paypal USD Main V2 vault on Morpho on Ethereum (markdown)](https://app-a.merkl.xyz/opportunities/18030207387280065324.md)
- [Ethereum chain (markdown)](https://app-a.merkl.xyz/chains/ethereum.md)
- [PYUSD token (markdown)](https://app-a.merkl.xyz/tokens/PYUSD.md)