---
title: "Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x4cd8e4…"
description: "Campaign on Base distributing USDe."
canonical: "https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x4cd8e438c5540f4214bd7aae04d92a68429d1b55023351f7b54419e5bc5cd58a"
chain: "Base"
token: "USDe"
status: "past"
start: "2026-10-02"
end: "2026-10-09"
rewardsComputedUntil: "2026-10-09T00:00:00.000Z"
generated: "2026-10-23T03:18:32.957Z"
---

# Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x4cd8e4…

## 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**: 387157.53 USDe
- **Daily rewards ($)**: $0
- **APR**: 0.00%
- **TVL**: $379,931,797.59
- **Start**: 2026-10-02
- **End**: 2026-10-09

## Metrics

- **Latest day**: 2026-10-09
- **TVL**: $393,987,551.75
- **APR**: —
- **Wallets**: 68
- **History since**: 2026-10-02

| Date | TVL | APR | Wallets |
| --- | --- | --- | --- |
| 2026-10-09 | $393,987,551.75 | — | 68 |
| 2026-10-08 | $391,727,565.44 | 4.75% | 67 |
| 2026-10-07 | $392,280,106.95 | 4.75% | 69 |
| 2026-10-06 | $392,498,321.88 | 4.75% | 69 |
| 2026-10-05 | $391,455,183.24 | 4.75% | 67 |
| 2026-10-04 | $391,417,199.59 | 4.75% | 67 |
| 2026-10-03 | $391,395,162.59 | 4.75% | 67 |

## Advanced

- **Campaign ID**: 0x4cd8e438c5540f4214bd7aae04d92a68429d1b55023351f7b54419e5bc5cd58a
- **Internal ID**: 17262713267966964361
- **Compute chain ID**: 8453
- **Distribution chain ID**: 8453
- **Reward token ID**: 18067461037195983186
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](https://app.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-10-01

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x4cd8e438c5540f4214bd7aae04d92a68429d1b55023351f7b54419e5bc5cd58a/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x4cd8e438c5540f4214bd7aae04d92a68429d1b55023351f7b54419e5bc5cd58a)
- [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)