---
title: "Borrow USDC on cbXRP/USDC 77%"
description: "Earn rewards by borrowing USDC using cbXRP on Morpho on Base"
canonical: "https://app.merkl.xyz/opportunities/14501849219837664010"
chain: "Base"
protocol: "Morpho"
type: "MORPHOBORROW"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-09-23T14:07:44.000Z
generated: "2026-09-29T16:54:44.885Z"
---

# Borrow USDC on cbXRP/USDC 77%

## Back to

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

Earn rewards by borrowing USDC using cbXRP on Morpho on Base

## Key metrics

- **Total Value Locked**: $1,190,653.64
- **APR**: 2.50%
- **Protocol APR**: —
- **Daily rewards**: $81.55
- **Live campaigns**: 1
- **Chain**: Base
- **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 (2 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0x1b5bb0…](https://app.merkl.xyz/opportunities/14501849219837664010/campaigns/0x1b5bb01fd0c3ef9c50514ab2fa77bf7ebe1c70adbe3f9991052ddf92b36fa55f.md) | live | [USDC](https://app.merkl.xyz/tokens/USDC.md) | 2.50% | $81.55 | 2026-09-24 | 2026-10-30 |
| [0x165125…](https://app.merkl.xyz/opportunities/14501849219837664010/campaigns/0x165125886a1c5597c208185f5dc76f2b9f1e078f957a4f250f4fe35f7dd4c062.md) | past | [USDC](https://app.merkl.xyz/tokens/USDC.md) | 0.00% | $0 | 2026-08-27 | 2026-09-24 |

## Participate

- [Deposit](https://app.morpho.org/base/market/0xfdfecf85a4dd90a7637ae2aaf28b35061166f0e62bfc714c565eed9f7e959783)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/14501849219837664010)
- [Base chain page](https://app.merkl.xyz/chains/base)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)