---
title: "Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x5b2eae…"
description: "Campaign on Base distributing USDe."
canonical: "http://app-a.merkl.xyz/opportunities/15882969063492504801/campaigns/0x5b2eae90dbf647bbe1437d16cd453461d740fa21eb0229b23a81f1e88225df74"
chain: "Base"
token: "USDe"
status: "live"
start: "2026-06-25"
end: "2026-07-02"
---

# Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x5b2eae…

## Back to

- [Parent opportunity Deposit USDe as collateral on USDe/USDC 91.5% (markdown)](http://app-a.merkl.xyz/opportunities/15882969063492504801.md)
- [Parent opportunity Deposit USDe as collateral on USDe/USDC 91.5% (HTML)](http://app-a.merkl.xyz/opportunities/15882969063492504801)
- [Base chain (markdown)](http://app-a.merkl.xyz/chains/base.md)
- [Morpho protocol (markdown)](http://app-a.merkl.xyz/protocols/morpho.md)

## Overview

- **Reward token**: USDe
- **Total amount**: 173076 USDe
- **Daily rewards (token)**: 22,342.431731 USDe
- **Daily rewards ($)**: $22,298.78
- **APR**: 4.50%
- **TVL**: $180,867,869.36
- **Start**: 2026-06-25
- **End**: 2026-07-02

## Distribution

- **Distribution chain**: Base
- **Distribution chain ID**: 8453
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 8453
- **Campaign APR**: 4.50%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0x5b2eae90dbf647bbe1437d16cd453461d740fa21eb0229b23a81f1e88225df74
- **Internal ID**: 15314865187588646388
- **Compute chain ID**: 8453
- **Distribution chain ID**: 8453
- **Reward token ID**: 18067461037195983186
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](http://app-a.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-06-25

## Leaderboard

- [Paginated leaderboard (markdown)](http://app-a.merkl.xyz/opportunities/15882969063492504801/campaigns/0x5b2eae90dbf647bbe1437d16cd453461d740fa21eb0229b23a81f1e88225df74/leaderboard.md) — append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](http://app-a.merkl.xyz/opportunities/15882969063492504801/campaigns/0x5b2eae90dbf647bbe1437d16cd453461d740fa21eb0229b23a81f1e88225df74)
- [Parent opportunity Deposit USDe as collateral on USDe/USDC 91.5% (markdown)](http://app-a.merkl.xyz/opportunities/15882969063492504801.md)
- [Base chain (markdown)](http://app-a.merkl.xyz/chains/base.md)
- [USDe token (markdown)](http://app-a.merkl.xyz/tokens/USDe.md)