---
title: "Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x159740…"
description: "Campaign on Base distributing USDe."
canonical: "https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x15974056ca8f96c516098f6be85216cf723b16d52b3b6905b682d6b51f49e8e0"
chain: "Base"
token: "USDe"
status: "live"
start: "2026-09-18"
end: "2026-09-24"
rewardsComputedUntil: "2026-09-19T10:05:28.000Z"
generated: "2026-09-19T10:11:17.587Z"
---

# Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x159740…

## Back to

- [Parent opportunity Deposit USDe as collateral on USDe/USDC 91.5% (markdown)](https://app.merkl.xyz/opportunities/15882969063492504801.md)
- [Parent opportunity Deposit USDe as collateral on USDe/USDC 91.5% (HTML)](https://app.merkl.xyz/opportunities/15882969063492504801)
- [Base chain (markdown)](https://app.merkl.xyz/chains/base.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

## Overview

- **Reward token**: USDe
- **Total amount**: 296875 USDe
- **Daily rewards (token)**: 46,939.690567 USDe
- **Daily rewards ($)**: $46,927.97
- **APR**: 4.75%
- **TVL**: $360,604,373.75
- **Start**: 2026-09-18
- **End**: 2026-09-24

## Distribution

- **Distribution chain**: Base
- **Distribution chain ID**: 8453
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 8453
- **Campaign APR**: 4.75%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0x15974056ca8f96c516098f6be85216cf723b16d52b3b6905b682d6b51f49e8e0
- **Internal ID**: 398192450725286999
- **Compute chain ID**: 8453
- **Distribution chain ID**: 8453
- **Reward token ID**: 18067461037195983186
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](https://app.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-09-18

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x15974056ca8f96c516098f6be85216cf723b16d52b3b6905b682d6b51f49e8e0/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x15974056ca8f96c516098f6be85216cf723b16d52b3b6905b682d6b51f49e8e0)
- [Parent opportunity Deposit USDe as collateral on USDe/USDC 91.5% (markdown)](https://app.merkl.xyz/opportunities/15882969063492504801.md)
- [Base chain (markdown)](https://app.merkl.xyz/chains/base.md)
- [USDe token (markdown)](https://app.merkl.xyz/tokens/USDe.md)