---
title: "Borrow USDC on OETH/USDC 86%"
description: "Earn rewards by borrowing USDC using OETH on Morpho on Ethereum"
canonical: "https://app.merkl.xyz/opportunities/13910696446007033969"
chain: "Ethereum"
protocol: "Morpho"
type: "MORPHOBORROW"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-10-07T13:31:54.000Z
generated: "2026-10-10T12:08:55.637Z"
---

# Borrow USDC on OETH/USDC 86%

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

Earn rewards by borrowing USDC using OETH on Morpho on Ethereum

## Key metrics

- **Total Value Locked**: $9,577,793.98
- **APR**: 5.80%
- **Protocol APR**: —
- **Daily rewards**: $1,522.08
- **Live campaigns**: 1
- **Chain**: Ethereum
- **Protocol**: Morpho
- **Protocol trusted**: Yes, verified by DefiLlama (https://defillama.com/protocol/morpho-blue)

## Tokens

- [USDC](https://app.merkl.xyz/tokens/USDC.md)

## Campaigns : page 1 of 1 (25 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0xe82a51…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xe82a51f7410f031526e319eb93fab1795ee905e74059b2f35fa6bf6e4b3d3cfd.md) | live | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 5.80% | $1,522.08 | 2026-10-08 | 2026-10-15 |
| [0x613b86…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x613b860e642a9e8dd85ace018458a7f79b032f8e1aaf99075ebf16eb27d1cc99.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-10-01 | 2026-10-08 |
| [0x37ce18…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x37ce1890b179f387bd495266e1444e9a4b75f7dca8a43adddf01e41c3b17eac9.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-09-24 | 2026-10-01 |
| [0x79576d…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x79576d2829081e9bb0ac299b2da2a0a4f470dfbb8864cd94324affddf206d657.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-09-17 | 2026-09-24 |
| [0x222fa6…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x222fa6fa2d9eb94e2034f6c12b3d3c0a646e68e77e962984b4eaac9f43c1da2e.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-09-10 | 2026-09-17 |
| [0x3668c1…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x3668c1e5bbd479eed3904cc968466783c274098d533dc48f103d84e06257cdd6.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-09-03 | 2026-09-10 |
| [0xe08643…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xe08643bf37e76ddbf50bc115cd0ff96e27ce1f87d8c09475eed653c32ef75bdf.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-08-27 | 2026-09-03 |
| [0x8fbd5d…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x8fbd5d7d9c4b92b57351bc65c946ee296b5b40f3dcfb39529c7e54af327f301d.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-08-20 | 2026-08-27 |
| [0x768805…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x768805b00ddb5c74893a1d40bccc13bcadb6fb6f19e3d45e2d236e7a31f546bf.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-08-13 | 2026-08-20 |
| [0xf04cad…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xf04cadc8c5aa8a926e97dbd47c58ca72abb26c21143e1b6b410b05a40a300a46.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-08-06 | 2026-08-13 |
| [0xf952c6…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xf952c66cf7d3aed0f2ba3472a98346ee0620b15479d65913a042aeb796335585.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-07-30 | 2026-08-06 |
| [0xbe7ab4…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xbe7ab4ec236f305c11b0d8cc27c45a0f5850a0795d3a910e6d28d7b70ff9ffbf.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-07-23 | 2026-07-30 |
| [0xd74276…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xd74276f4f7f421a32f188b62a6ed25d8b717f677f20655839767281d4265da7c.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-07-16 | 2026-07-23 |
| [0xa2549d…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xa2549d19c67372ee4ea881067c60657f3be56edf4884d366cda50cce5b3eced3.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-07-09 | 2026-07-16 |
| [0x5ab2de…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x5ab2de197bdc1049284be07a416f58f8699fcbed922562b531b63a73725aa97f.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-07-02 | 2026-07-09 |
| [0x6efe26…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x6efe26402987097bbe1b3b523b7218d0ca34d7d7e3271453997c73836199f86c.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-06-25 | 2026-07-02 |
| [0x8508e5…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x8508e58073c69401254eb9326d4cff97faf4992b52d3675d7254a68a90740ff8.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-06-18 | 2026-06-25 |
| [0xb0a935…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xb0a935d46dc1d5508a27da6b222c7cbcfff01a7d47c4828020f8c4ee58a31ae3.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-06-11 | 2026-06-18 |
| [0x123b7c…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x123b7c5e948e96868be620bc0a32eca3e7aa68c976a8cc402a71f3901c5269fc.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-06-04 | 2026-06-11 |
| [0x373fd0…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x373fd0b966759e9119abc9fd8b4ddceb085ac6348477983a9ec267090dd62882.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-05-28 | 2026-06-04 |
| [0xb6b8a6…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xb6b8a6ccdfa68c017a592564a9806f629306a19ed2673e8c2c22e2a9ee213971.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-05-21 | 2026-05-28 |
| [0x5f718b…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x5f718b48fe4a73c0edd29ed906b2d56b8024b1b8fd21e536b435f523d9a38e7b.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-05-14 | 2026-05-21 |
| [0x0b5038…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x0b503878612ad49b4ede9bfa99be9fb2dd8e6fae515f6f43746d97154160b527.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-05-07 | 2026-05-14 |
| [0x279633…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0x2796336da3d54467dc4be2e80c499cab5da16cd8205e5b39415f27509118ba58.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-04-30 | 2026-05-07 |
| [0xa1f6a7…](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xa1f6a7569d893a987d5debc9884068ab74cea5cbb595625f865896763ed778d3.md) | past | [OETH](https://app.merkl.xyz/tokens/OETH.md) | 0.00% | $0 | 2026-04-23 | 2026-04-30 |

## Participate

- [Deposit](https://app.morpho.org/ethereum/market/0xb8fef900b383db2dbbf4458c7f46acf5b140f26d603a6d1829963f241b82510e)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/13910696446007033969)
- [Ethereum chain page](https://app.merkl.xyz/chains/ethereum)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)