---
title: "Deposit USDe as collateral on USDe/RLUSD 91.5% — Campaign 0xafe28d…"
description: "Campaign on Ethereum distributing USDe."
canonical: "https://app-a.merkl.xyz/opportunities/6480753085017024194/campaigns/0xafe28d1b6531ae31b39397b12119ebf2580a75414154ad1ea1c629555bce99ea"
chain: "Ethereum"
token: "USDe"
status: "live"
start: "2026-10-16"
end: "2026-10-23"
rewardsComputedUntil: "2026-10-21T06:38:47.000Z"
generated: "2026-10-21T07:03:11.700Z"
---

# Deposit USDe as collateral on USDe/RLUSD 91.5% — Campaign 0xafe28d…

## Back to

- [Parent opportunity Deposit USDe as collateral on USDe/RLUSD 91.5% (markdown)](https://app-a.merkl.xyz/opportunities/6480753085017024194.md)
- [Parent opportunity Deposit USDe as collateral on USDe/RLUSD 91.5% (HTML)](https://app-a.merkl.xyz/opportunities/6480753085017024194)
- [Ethereum chain (markdown)](https://app-a.merkl.xyz/chains/ethereum.md)
- [Morpho protocol (markdown)](https://app-a.merkl.xyz/protocols/morpho.md)

## Overview

- **Reward token**: USDe
- **Total amount**: 100205 USDe
- **Daily rewards (token)**: 7,938.328592 USDe
- **Daily rewards ($)**: $7,933.71
- **APR**: 4.75%
- **TVL**: $60,964,309.38
- **Start**: 2026-10-16
- **End**: 2026-10-23

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 1
- **Campaign APR**: 4.75%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0xafe28d1b6531ae31b39397b12119ebf2580a75414154ad1ea1c629555bce99ea
- **Internal ID**: 8415734571474812205
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 1841334155919054264
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](https://app-a.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-10-15

## Leaderboard

- [Paginated leaderboard (markdown)](https://app-a.merkl.xyz/opportunities/6480753085017024194/campaigns/0xafe28d1b6531ae31b39397b12119ebf2580a75414154ad1ea1c629555bce99ea/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app-a.merkl.xyz/opportunities/6480753085017024194/campaigns/0xafe28d1b6531ae31b39397b12119ebf2580a75414154ad1ea1c629555bce99ea)
- [Parent opportunity Deposit USDe as collateral on USDe/RLUSD 91.5% (markdown)](https://app-a.merkl.xyz/opportunities/6480753085017024194.md)
- [Ethereum chain (markdown)](https://app-a.merkl.xyz/chains/ethereum.md)
- [USDe token (markdown)](https://app-a.merkl.xyz/tokens/USDe.md)