---
title: "Lend USDe on Aave (looping required)"
description: "This campaign is part of Ethena’s Liquid Leverage program, with Merkl acting as the distribution partner in collaboration with the ACI. To be eligible, users must also borrow and maintain a health factor below 2."
canonical: "https://app-a.merkl.xyz/opportunities/14106192561104062535"
chain: "Mantle"
protocol: "Aave"
type: "AAVE_SUPPLY"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-09-18T11:36:57.000Z
generated: "2026-09-22T08:01:30.259Z"
---

# Lend USDe on Aave (looping required)

## Back to

- [Opportunities index (HTML)](https://app-a.merkl.xyz/)
- [Mantle chain (markdown)](https://app-a.merkl.xyz/chains/mantle.md)
- [Aave protocol (markdown)](https://app-a.merkl.xyz/protocols/aave.md)

This campaign is part of Ethena’s Liquid Leverage program, with Merkl acting as the distribution partner in collaboration with the ACI. To be eligible, users must also borrow and maintain a health factor below 2.

## Key metrics

- **Total Value Locked**: $26,652,707.79
- **APR**: 4.75%
- **Native APR**: 0.00%
- **Daily rewards**: $2,015.93
- **Live campaigns**: 1
- **Chain**: Mantle
- **Protocol**: Aave
- **Protocol trusted**: Yes, verified by DefiLlama (https://defillama.com/protocol/aave-v3)

## Tokens

- [USDe](https://app-a.merkl.xyz/tokens/USDe.md)
- [aManUSDe](https://app-a.merkl.xyz/tokens/aManUSDe.md)

## Campaigns : page 1 of 1 (2 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0xb12396…](https://app-a.merkl.xyz/opportunities/14106192561104062535/campaigns/0xb1239685cca6ee9c2d9cd1bb62ffbc4d1fabb605ef4f7a914ed8142ca1e9e6d1.md) | live | [aManUSDe](https://app-a.merkl.xyz/tokens/aManUSDe.md) | 4.75% | $2,015.93 | 2026-09-18 | 2026-09-25 |
| [0x2ed4c7…](https://app-a.merkl.xyz/opportunities/14106192561104062535/campaigns/0x2ed4c73f741650cc95bdd800b6c973e8356dccf96a1f14c2dacdc33858c922b7.md) | past | [aManUSDe](https://app-a.merkl.xyz/tokens/aManUSDe.md) | 0.00% | $0 | 2026-09-11 | 2026-09-18 |

## Participate

- [Deposit](https://app.aave.com/reserve-overview/?underlyingAsset=0x5d3a1Ff2b6BAb83b63cd9AD0787074081a52ef34&marketName=proto_mantle_v3)

## Links

- [Open in Merkl App (HTML)](https://app-a.merkl.xyz/opportunities/14106192561104062535)
- [Mantle chain page](https://app-a.merkl.xyz/chains/mantle)
- [Aave protocol page](https://app-a.merkl.xyz/protocols/aave)