---
title: "Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum — Campaign 0x8c4452…"
description: "Campaign on Ethereum distributing PIKU."
canonical: "https://app-a.merkl.xyz/opportunities/9947373167090252312/campaigns/0x8c44521ecb114bf3e7e9069b849bf63de5e72b78633bd4c2f3f11fa20fbc5f42"
chain: "Ethereum"
token: "PIKU"
status: "live"
start: "2026-08-20"
end: "2026-08-27"
---

# Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum — Campaign 0x8c4452…

## Back to

- [Parent opportunity Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum (markdown)](https://app-a.merkl.xyz/opportunities/9947373167090252312.md)
- [Parent opportunity Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum (HTML)](https://app-a.merkl.xyz/opportunities/9947373167090252312)
- [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**: PIKU
- **Total amount**: 11978.09719 PIKU
- **Daily rewards (token)**: 1,711.156741 PIKU
- **Daily rewards ($)**: $273.79
- **APR**: 2.77%
- **TVL**: $3,612,630.4
- **Start**: 2026-08-20
- **End**: 2026-08-27

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: DUTCH_AUCTION
- **Compute chain ID**: 1
- **Campaign APR**: 2.77%
- **Opportunity native APR**: 7.28%

## Advanced

- **Campaign ID**: 0x8c44521ecb114bf3e7e9069b849bf63de5e72b78633bd4c2f3f11fa20fbc5f42
- **Internal ID**: 13703464623507402032
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 2647967955615215254
- **Creator**: [0xD28200A0B9386EBE60e8a54038700a9CEaae2101](https://app-a.merkl.xyz/users/0xD28200A0B9386EBE60e8a54038700a9CEaae2101.md)
- **Created at**: 2026-08-19

## Leaderboard

- [Paginated leaderboard (markdown)](https://app-a.merkl.xyz/opportunities/9947373167090252312/campaigns/0x8c44521ecb114bf3e7e9069b849bf63de5e72b78633bd4c2f3f11fa20fbc5f42/leaderboard.md) — append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app-a.merkl.xyz/opportunities/9947373167090252312/campaigns/0x8c44521ecb114bf3e7e9069b849bf63de5e72b78633bd4c2f3f11fa20fbc5f42)
- [Parent opportunity Supply to Alpha USDC Forex V2 vault on Morpho on Ethereum (markdown)](https://app-a.merkl.xyz/opportunities/9947373167090252312.md)
- [Ethereum chain (markdown)](https://app-a.merkl.xyz/chains/ethereum.md)
- [PIKU token (markdown)](https://app-a.merkl.xyz/tokens/PIKU.md)