---
title: "Supply to Pendle Ecosystem High Yield USDC V2 vault on Morpho on Ethereum — Campaign 0x245efd…"
description: "Campaign on Ethereum distributing PENDLE."
canonical: "https://campaigns.morpho.org/opportunities/5525501826944571758/campaigns/0x245efd8bd87069400fc4d49f5419a3ef8a5e29c95fe9939ed9eb55d9606ee573"
chain: "Ethereum"
token: "PENDLE"
status: "live"
start: "2026-10-22"
end: "2026-11-05"
rewardsComputedUntil: "2026-10-27T10:37:11.000Z"
generated: "2026-10-27T11:03:56.177Z"
---

# Supply to Pendle Ecosystem High Yield USDC V2 vault on Morpho on Ethereum — Campaign 0x245efd…

## Back to

- [Parent opportunity Supply to Pendle Ecosystem High Yield USDC V2 vault on Morpho on Ethereum (markdown)](https://campaigns.morpho.org/opportunities/5525501826944571758.md)
- [Parent opportunity Supply to Pendle Ecosystem High Yield USDC V2 vault on Morpho on Ethereum (HTML)](https://campaigns.morpho.org/opportunities/5525501826944571758)
- [Ethereum chain (markdown)](https://campaigns.morpho.org/chains/ethereum.md)
- [Morpho protocol (markdown)](https://campaigns.morpho.org/protocols/morpho.md)

## Overview

- **Reward token**: PENDLE
- **Total amount**: 2910 PENDLE
- **Daily rewards (token)**: 206.836174 PENDLE
- **Daily rewards ($)**: $401.44
- **APR**: 0.55%
- **TVL**: $26,405,030.83
- **Start**: 2026-10-22
- **End**: 2026-11-05

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: DUTCH_AUCTION
- **Compute chain ID**: 1
- **Campaign APR**: 0.55%
- **Opportunity native APR**: 7.50%

## Advanced

- **Campaign ID**: 0x245efd8bd87069400fc4d49f5419a3ef8a5e29c95fe9939ed9eb55d9606ee573
- **Internal ID**: 8907245959434663656
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 6049959087267616088
- **Creator**: [0xd7f2EeB2dc312F62757fF29084C2b4c8653fFF71](https://campaigns.morpho.org/users/0xd7f2EeB2dc312F62757fF29084C2b4c8653fFF71.md)
- **Created at**: 2026-10-21

## Leaderboard

- [Paginated leaderboard (markdown)](https://campaigns.morpho.org/opportunities/5525501826944571758/campaigns/0x245efd8bd87069400fc4d49f5419a3ef8a5e29c95fe9939ed9eb55d9606ee573/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://campaigns.morpho.org/opportunities/5525501826944571758/campaigns/0x245efd8bd87069400fc4d49f5419a3ef8a5e29c95fe9939ed9eb55d9606ee573)
- [Parent opportunity Supply to Pendle Ecosystem High Yield USDC V2 vault on Morpho on Ethereum (markdown)](https://campaigns.morpho.org/opportunities/5525501826944571758.md)
- [Ethereum chain (markdown)](https://campaigns.morpho.org/chains/ethereum.md)
- [PENDLE token (markdown)](https://campaigns.morpho.org/tokens/PENDLE.md)