---
title: "Borrow USDC on NPC/USDC 62.5% — Campaign 0x121db4…"
description: "Campaign on Ethereum distributing USDC."
canonical: "https://app.merkl.xyz/opportunities/12745868576260022817/campaigns/0x121db4088ff3462737cbfd6efef3d76554567f61b02e7694a0f5f74763deab67"
chain: "Ethereum"
token: "USDC"
status: "live"
start: "2026-09-24"
end: "2026-12-31"
rewardsComputedUntil: "2026-10-16T17:38:11.000Z"
generated: "2026-10-16T18:06:55.405Z"
---

# Borrow USDC on NPC/USDC 62.5% — Campaign 0x121db4…

## Back to

- [Parent opportunity Borrow USDC on NPC/USDC 62.5% (markdown)](https://app.merkl.xyz/opportunities/12745868576260022817.md)
- [Parent opportunity Borrow USDC on NPC/USDC 62.5% (HTML)](https://app.merkl.xyz/opportunities/12745868576260022817)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

## Overview

- **Reward token**: USDC
- **Total amount**: 1455 USDC
- **Daily rewards (token)**: 0.000593 USDC
- **Daily rewards ($)**: $0
- **APR**: 10.01%
- **TVL**: $2.16
- **Start**: 2026-09-24
- **End**: 2026-12-31

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 1
- **Campaign APR**: 10.01%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0x121db4088ff3462737cbfd6efef3d76554567f61b02e7694a0f5f74763deab67
- **Internal ID**: 4963150652796124413
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 3460729690457214808
- **Creator**: [0x5a9AA3219dD1cBEF6A18Fd221464E071DF2677c2](https://app.merkl.xyz/users/0x5a9AA3219dD1cBEF6A18Fd221464E071DF2677c2.md)
- **Created at**: 2026-09-24

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/12745868576260022817/campaigns/0x121db4088ff3462737cbfd6efef3d76554567f61b02e7694a0f5f74763deab67/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/12745868576260022817/campaigns/0x121db4088ff3462737cbfd6efef3d76554567f61b02e7694a0f5f74763deab67)
- [Parent opportunity Borrow USDC on NPC/USDC 62.5% (markdown)](https://app.merkl.xyz/opportunities/12745868576260022817.md)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [USDC token (markdown)](https://app.merkl.xyz/tokens/USDC.md)