---
title: "Lend USDe on Aave (looping required)"
description: "This campaign is part of Ethena’s Liquid Leverage program, with Merkl acting as the distribution partner in collaboration with the ACI. To be eligible, users must also borrow and maintain a health factor below 2."
canonical: "https://app.merkl.xyz/opportunities/14106192561104062535"
chain: "Mantle"
protocol: "Aave"
type: "AAVE_SUPPLY"
page: 1
items: 25
totalPages: 1
updated: 2026-09-11T12:34:27.000Z
---

# Lend USDe on Aave (looping required)

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [Mantle chain (markdown)](https://app.merkl.xyz/chains/mantle.md)
- [Aave protocol (markdown)](https://app.merkl.xyz/protocols/aave.md)

This campaign is part of Ethena’s Liquid Leverage program, with Merkl acting as the distribution partner in collaboration with the ACI. To be eligible, users must also borrow and maintain a health factor below 2.

## Key metrics

- **Total Value Locked**: $14,006,186.56
- **APR**: 4.75%
- **Native APR**: 0.03%
- **Daily rewards**: $1,799.37
- **Live campaigns**: 1
- **Chain**: Mantle
- **Protocol**: Aave
- **Protocol trusted**: Yes — verified by DefiLlama (https://defillama.com/protocol/aave-v3)

## Tokens

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

## Campaigns — page 1 of 1 (1 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0x2ed4c7…](https://app.merkl.xyz/opportunities/14106192561104062535/campaigns/0x2ed4c73f741650cc95bdd800b6c973e8356dccf96a1f14c2dacdc33858c922b7.md) | live | [aManUSDe](https://app.merkl.xyz/tokens/aManUSDe.md) | 4.75% | $1,799.37 | 2026-09-11 | 2026-09-18 |

## Participate

- [Deposit](https://app.aave.com/reserve-overview/?underlyingAsset=0x5d3a1Ff2b6BAb83b63cd9AD0787074081a52ef34&marketName=proto_mantle_v3)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/14106192561104062535)
- [Mantle chain page](https://app.merkl.xyz/chains/mantle)
- [Aave protocol page](https://app.merkl.xyz/protocols/aave)