---
title: "Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0xcb98ba…"
description: "Campaign on Base distributing USDe."
canonical: "http://app-a.merkl.xyz/opportunities/15882969063492504801/campaigns/0xcb98ba3b3c4da96e320a572d6e31dcfc80254c589d23ac02cc3b8ee21218d6db"
chain: "Base"
token: "USDe"
status: "live"
start: "2026-07-02"
end: "2026-07-09"
---

# Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0xcb98ba…

## 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**: 195000 USDe
- **Daily rewards (token)**: 24,320.063189 USDe
- **Daily rewards ($)**: $24,284.7
- **APR**: 4.50%
- **TVL**: $196,975,904.37
- **Start**: 2026-07-02
- **End**: 2026-07-09

## 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**: 0xcb98ba3b3c4da96e320a572d6e31dcfc80254c589d23ac02cc3b8ee21218d6db
- **Internal ID**: 1361953625822091679
- **Compute chain ID**: 8453
- **Distribution chain ID**: 8453
- **Reward token ID**: 18067461037195983186
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](http://app-a.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-07-02

## Leaderboard

- [Paginated leaderboard (markdown)](http://app-a.merkl.xyz/opportunities/15882969063492504801/campaigns/0xcb98ba3b3c4da96e320a572d6e31dcfc80254c589d23ac02cc3b8ee21218d6db/leaderboard.md) — append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](http://app-a.merkl.xyz/opportunities/15882969063492504801/campaigns/0xcb98ba3b3c4da96e320a572d6e31dcfc80254c589d23ac02cc3b8ee21218d6db)
- [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)