---
title: "Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x70855b…"
description: "Campaign on Base distributing USDe."
canonical: "https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x70855bfe5263d0c04f54ecdf2fe4675c56f89ca7bb2db879525ba49c10f0f40c"
chain: "Base"
token: "USDe"
status: "live"
start: "2026-11-06"
end: "2026-11-13"
rewardsComputedUntil: "2026-11-10T07:43:18.000Z"
generated: "2026-11-10T08:01:44.342Z"
---

# Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0x70855b…

## 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**: 655585 USDe
- **Daily rewards (token)**: 54,876.183287 USDe
- **Daily rewards ($)**: $54,814.98
- **APR**: 5.25%
- **TVL**: $381,094,636.14
- **Start**: 2026-11-06
- **End**: 2026-11-13

## Metrics

- **Latest day**: 2026-11-10
- **TVL**: $381,094,636.14
- **APR**: 5.25%
- **Wallets**: 58
- **History since**: 2026-11-06

| Date | TVL | APR | Wallets |
| --- | --- | --- | --- |
| 2026-11-10 | $381,094,636.14 | 5.25% | 58 |
| 2026-11-09 | $381,238,699.3 | 5.25% | 58 |
| 2026-11-08 | $363,705,505.95 | 5.25% | 55 |
| 2026-11-07 | $364,220,180.27 | 5.25% | 53 |
| 2026-11-06 | $398,058,184.04 | 5.25% | 53 |

## Distribution

- **Distribution chain**: Base
- **Distribution chain ID**: 8453
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 8453
- **Campaign APR**: 5.25%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0x70855bfe5263d0c04f54ecdf2fe4675c56f89ca7bb2db879525ba49c10f0f40c
- **Internal ID**: 2632245913069359975
- **Compute chain ID**: 8453
- **Distribution chain ID**: 8453
- **Reward token ID**: 18067461037195983186
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](https://app.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-11-05

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x70855bfe5263d0c04f54ecdf2fe4675c56f89ca7bb2db879525ba49c10f0f40c/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0x70855bfe5263d0c04f54ecdf2fe4675c56f89ca7bb2db879525ba49c10f0f40c)
- [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)