Trust Wallet x Morpho: Deposit to Stablecoin Earn and Share $50,000 in $MORPHO

We’re launching a $50,000 in $MORPHO giveaway, in collaboration with Morpho, to celebrate the launch of Stablecoin Earn in Trust Wallet! Deposit eligible stablecoins — USDT, USDC and USDA — into Morpho vaults across Ethereum and Base for a chance to win. Read on to learn how to participate.

→ Get started now!

Promotion Period: April 28th (15:00 UTC) to May 12th (15:00 UTC)

How to Participate:

Complete the steps below during the promotion period for a chance to share the $50,000 in $MORPHO prize pool.

Entry requirements:

Note: You must use Trust Wallet to be eligible for rewards, as wallet addresses will be cross-verified; using a different wallet will lead to disqualification.

• Deposit stablecoins via Stablecoin Earn into Morpho vaults in Trust Wallet

Eligible stablecoins:

• USDT (Ethereum)

• USDC (Ethereum)

• USDA (Ethereum)

• USDC (Base)

• Hold your deposited stablecoins for at least 5 consecutive days to qualify for top depositor tiers (Tier 1 & Tier 2)

• Repost the campaign announcement on X to be eligible for the social reward tier (Tier 4)

Rewards and Selection Criteria:

A total of $50,000 in $MORPHO will be distributed to eligible participants across four tiers:

Tier 1 – Top 10 Depositors ($15,000 in $MORPHO)

• Minimum deposit: $1,000 in one of the eligible stablecoins

• Must hold the deposit for at least 5 consecutive days

• Ranked by total deposit amount

Tier 2 – Top 40 Depositors (Ranks 11–50) ($15,000 in $MORPHO)

• Minimum deposit: $50 in one of the eligible stablecoins

• Must hold the deposit for at least 5 consecutive days

• Ranked by total deposit amount

Tier 3 – 200 Random Depositors ($19,500 in $MORPHO)

• Minimum deposit: $5 in one of the eligible stablecoins

• Randomly selected from all eligible depositors

• Holding for 5+ days is not required, but may improve chances

Tier 4 – 10 Random Reposters ($500 in $MORPHO)

• Repost the official campaign announcement on X

• Winners selected at random

What is Stablecoin Earn?

Stablecoin Earn is a simple and secure way to grow your stablecoins directly inside Trust Wallet.

Deposit stablecoins like USDT, USDC, DAI, or USDA into trusted onchain vaults, earn daily rewards at competitive rates, and maintain full control of your assets — no complex setup needed.

Stablecoin Earn is available across Ethereum, BNB Smart Chain (BSC), Arbitrum, and Base.

Read the full blog here.

Note: To qualify for the $50,000 in $MORPHO giveaway, only deposits of USDT, USDC, and USDA made into Morpho vaults on Ethereum and Base are eligible. Make sure Morpho is selected as your protocol when depositing.

How to Deposit into Stablecoin Earn

1. Ensure you have the latest version of the Trust Wallet app.

2. Select “Earn” from your wallet’s home screen.

3. Select the stablecoin you want to earn rewards on. You can select from the default list, or select the ‘expand arrow’ symbol to view more options.

4. Enter the amount your want to deposit to Stablecoin Earn, and select an available protocol (you can leave the default if preferred). In the below example you’ll see that Morpho is selected in the Protocol section.

5. Select “Confirm” and follow the remaining steps to start earning.

Terms & Conditions

• You must use Trust Wallet to be eligible for rewards. Wallet addresses will be cross-verified; using any other wallet will result in disqualification.

• To qualify for rewards, participants must complete the required steps outlined in the campaign announcement.

• $MORPHO rewards will be distributed to eligible wallet addresses within 30 business days after the campaign ends.

• The $MORPHO price for this campaign will be determined based on the 7-day market price average starting from the day of the Stablecoin Earn feature release.

• Participants who meet the minimum deposit and holding requirements for Tiers 1 and 2 will be ranked by total amount deposited.

• Each wallet address is eligible for one reward only.

• Illegally bulk-registered accounts, including sub-accounts, are not eligible to participate or receive any rewards.

• Trust Wallet reserves the right to disqualify any participant immediately if fraudulent or suspicious behavior is detected.

• Trust Wallet reserves the right, at its sole and absolute discretion, to amend, vary, or cancel the promotion or its terms at any time without prior notice — including but not limited to changes in eligibility, duration, or reward distribution.

Disclaimer: The Stablecoin Earn product connects you to third-party services. Your use of any third party service is subject to that third party’s terms of service. Yields are subject to market conditions, protocol performance, and smart contract risks. Trust Wallet does not guarantee returns. Service will be unavailable in restricted regions, currently including the UK and the US. Please read our Terms of Services for full details and conditions.