---
title: "Borrow USDC on OETH/USDC 86% — Campaign 0xa639c7…"
description: "Campaign on Ethereum distributing OETH."
canonical: "https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xa639c7909f594ff1fd0014d8ae1d79e856c6d27abb780848ad54cd8279a5b840"
chain: "Ethereum"
token: "OETH"
status: "live"
start: "2026-10-15"
end: "2026-10-22"
rewardsComputedUntil: "2026-10-16T21:40:47.000Z"
generated: "2026-10-16T22:07:04.611Z"
---

# Borrow USDC on OETH/USDC 86% — Campaign 0xa639c7…

## Back to

- [Parent opportunity Borrow USDC on OETH/USDC 86% (markdown)](https://app.merkl.xyz/opportunities/13910696446007033969.md)
- [Parent opportunity Borrow USDC on OETH/USDC 86% (HTML)](https://app.merkl.xyz/opportunities/13910696446007033969)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

## Overview

- **Reward token**: OETH
- **Total amount**: 4.302865107732083945 OETH
- **Daily rewards (token)**: 0.614695 OETH
- **Daily rewards ($)**: $1,484.78
- **APR**: 5.85%
- **TVL**: $9,257,715
- **Start**: 2026-10-15
- **End**: 2026-10-22

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: DUTCH_AUCTION
- **Compute chain ID**: 1
- **Campaign APR**: 5.85%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0xa639c7909f594ff1fd0014d8ae1d79e856c6d27abb780848ad54cd8279a5b840
- **Internal ID**: 14670130359072485333
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 14327985150330370927
- **Creator**: [0x4FF1b9D9ba8558F5EAfCec096318eA0d8b541971](https://app.merkl.xyz/users/0x4FF1b9D9ba8558F5EAfCec096318eA0d8b541971.md)
- **Created at**: 2026-10-14

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xa639c7909f594ff1fd0014d8ae1d79e856c6d27abb780848ad54cd8279a5b840/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xa639c7909f594ff1fd0014d8ae1d79e856c6d27abb780848ad54cd8279a5b840)
- [Parent opportunity Borrow USDC on OETH/USDC 86% (markdown)](https://app.merkl.xyz/opportunities/13910696446007033969.md)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [OETH token (markdown)](https://app.merkl.xyz/tokens/OETH.md)