---
title: "Borrow USDC on OETH/USDC 86% — Campaign 0xb3c42c…"
description: "Campaign on Ethereum distributing OETH."
canonical: "https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xb3c42c7474fdaad13fa178d97daa8b9c4c75198a5d04bad108efee38138b7e9d"
chain: "Ethereum"
token: "OETH"
status: "live"
start: "2026-10-29"
end: "2026-11-05"
rewardsComputedUntil: "2026-11-04T20:41:35.000Z"
generated: "2026-11-04T20:56:03.662Z"
---

# Borrow USDC on OETH/USDC 86% — Campaign 0xb3c42c…

## 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**: 4.21537376765629527 OETH
- **Daily rewards (token)**: 0.602196 OETH
- **Daily rewards ($)**: $1,452.64
- **APR**: 5.98%
- **TVL**: $8,864,612.6
- **Start**: 2026-10-29
- **End**: 2026-11-05

## Metrics

- **Latest day**: 2026-11-04
- **TVL**: $8,864,612.6
- **APR**: 5.98%
- **Wallets**: 25
- **History since**: 2026-10-29

| Date | TVL | APR | Wallets |
| --- | --- | --- | --- |
| 2026-11-04 | $8,864,612.6 | 5.98% | 25 |
| 2026-11-03 | $8,862,857.98 | 5.67% | 25 |
| 2026-11-02 | $9,006,945.78 | 5.49% | 26 |
| 2026-11-01 | $9,003,998.21 | 5.53% | 25 |
| 2026-10-31 | $9,001,046.35 | 5.50% | 25 |
| 2026-10-30 | $8,997,135.19 | 5.46% | 24 |
| 2026-10-29 | $8,996,901.37 | 5.55% | 24 |

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: DUTCH_AUCTION
- **Compute chain ID**: 1
- **Campaign APR**: 5.98%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0xb3c42c7474fdaad13fa178d97daa8b9c4c75198a5d04bad108efee38138b7e9d
- **Internal ID**: 7470051194400636737
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 14327985150330370927
- **Creator**: [0x4FF1b9D9ba8558F5EAfCec096318eA0d8b541971](https://app.merkl.xyz/users/0x4FF1b9D9ba8558F5EAfCec096318eA0d8b541971.md)
- **Created at**: 2026-10-28

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xb3c42c7474fdaad13fa178d97daa8b9c4c75198a5d04bad108efee38138b7e9d/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/13910696446007033969/campaigns/0xb3c42c7474fdaad13fa178d97daa8b9c4c75198a5d04bad108efee38138b7e9d)
- [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)