---
title: "Borrow USDC on USP/USDC 86% — Campaign 0x478843…"
description: "Campaign on Ethereum distributing PIKU."
canonical: "http://campaigns.morpho.org/opportunities/369155695429550021/campaigns/0x478843b44058b4b80019f14a72116e3965f5b61c40294980a38b1f52a340d14c"
chain: "Ethereum"
token: "PIKU"
status: "live"
start: "2026-09-10"
end: "2026-09-17"
---

# Borrow USDC on USP/USDC 86% — Campaign 0x478843…

## Back to

- [Parent opportunity Borrow USDC on USP/USDC 86% (markdown)](http://campaigns.morpho.org/opportunities/369155695429550021.md)
- [Parent opportunity Borrow USDC on USP/USDC 86% (HTML)](http://campaigns.morpho.org/opportunities/369155695429550021)
- [Ethereum chain (markdown)](http://campaigns.morpho.org/chains/ethereum.md)
- [Morpho protocol (markdown)](http://campaigns.morpho.org/protocols/morpho.md)

## Overview

- **Reward token**: PIKU
- **Total amount**: 35934.29158 PIKU
- **Daily rewards (token)**: 5,133.470226 PIKU
- **Daily rewards ($)**: $821.36
- **APR**: 357.78%
- **TVL**: $83,793.59
- **Start**: 2026-09-10
- **End**: 2026-09-17

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: DUTCH_AUCTION
- **Compute chain ID**: 1
- **Campaign APR**: 357.78%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0x478843b44058b4b80019f14a72116e3965f5b61c40294980a38b1f52a340d14c
- **Internal ID**: 5707121988229418312
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 2647967955615215254
- **Creator**: [0xD28200A0B9386EBE60e8a54038700a9CEaae2101](http://campaigns.morpho.org/users/0xD28200A0B9386EBE60e8a54038700a9CEaae2101.md)
- **Created at**: 2026-09-09

## Leaderboard

- [Paginated leaderboard (markdown)](http://campaigns.morpho.org/opportunities/369155695429550021/campaigns/0x478843b44058b4b80019f14a72116e3965f5b61c40294980a38b1f52a340d14c/leaderboard.md) — append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](http://campaigns.morpho.org/opportunities/369155695429550021/campaigns/0x478843b44058b4b80019f14a72116e3965f5b61c40294980a38b1f52a340d14c)
- [Parent opportunity Borrow USDC on USP/USDC 86% (markdown)](http://campaigns.morpho.org/opportunities/369155695429550021.md)
- [Ethereum chain (markdown)](http://campaigns.morpho.org/chains/ethereum.md)
- [PIKU token (markdown)](http://campaigns.morpho.org/tokens/PIKU.md)