---
title: "Supply to Pendle Ecosystem USDC V2 vault on Morpho on Ethereum — Campaign 0x55908b…"
description: "Campaign on Ethereum distributing PENDLE."
canonical: "https://app-a.merkl.xyz/opportunities/6421386281903255624/campaigns/0x55908b2afa5e13dff146ca3cd0ef2570cc7e2d0c34cd206005025e3f5ea9f69b"
chain: "Ethereum"
token: "PENDLE"
status: "live"
start: "2026-08-20"
end: "2026-09-10"
---

# Supply to Pendle Ecosystem USDC V2 vault on Morpho on Ethereum — Campaign 0x55908b…

## Back to

- [Parent opportunity Supply to Pendle Ecosystem USDC V2 vault on Morpho on Ethereum (markdown)](https://app-a.merkl.xyz/opportunities/6421386281903255624.md)
- [Parent opportunity Supply to Pendle Ecosystem USDC V2 vault on Morpho on Ethereum (HTML)](https://app-a.merkl.xyz/opportunities/6421386281903255624)
- [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**: PENDLE
- **Total amount**: 21825 PENDLE
- **Daily rewards (token)**: 1,039.285714 PENDLE
- **Daily rewards ($)**: $1,975.75
- **APR**: 1.45%
- **TVL**: $49,795,856.86
- **Start**: 2026-08-20
- **End**: 2026-09-10

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: DUTCH_AUCTION
- **Compute chain ID**: 1
- **Campaign APR**: 1.45%
- **Opportunity native APR**: 5.44%

## Advanced

- **Campaign ID**: 0x55908b2afa5e13dff146ca3cd0ef2570cc7e2d0c34cd206005025e3f5ea9f69b
- **Internal ID**: 8485623897343613659
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 6049959087267616088
- **Creator**: [0xd7f2EeB2dc312F62757fF29084C2b4c8653fFF71](https://app-a.merkl.xyz/users/0xd7f2EeB2dc312F62757fF29084C2b4c8653fFF71.md)
- **Created at**: 2026-08-19

## Leaderboard

- [Paginated leaderboard (markdown)](https://app-a.merkl.xyz/opportunities/6421386281903255624/campaigns/0x55908b2afa5e13dff146ca3cd0ef2570cc7e2d0c34cd206005025e3f5ea9f69b/leaderboard.md) — append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app-a.merkl.xyz/opportunities/6421386281903255624/campaigns/0x55908b2afa5e13dff146ca3cd0ef2570cc7e2d0c34cd206005025e3f5ea9f69b)
- [Parent opportunity Supply to Pendle Ecosystem USDC V2 vault on Morpho on Ethereum (markdown)](https://app-a.merkl.xyz/opportunities/6421386281903255624.md)
- [Ethereum chain (markdown)](https://app-a.merkl.xyz/chains/ethereum.md)
- [PENDLE token (markdown)](https://app-a.merkl.xyz/tokens/PENDLE.md)