---
title: "Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0xa166e3…"
description: "Campaign on Base distributing USDe."
canonical: "https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0xa166e3863c31068470ef935ba8301285bdff1e9175b29243f8d924e1277ec448"
chain: "Base"
token: "USDe"
status: "live"
start: "2026-10-30"
end: "2026-11-06"
rewardsComputedUntil: "2026-11-03T19:09:27.000Z"
generated: "2026-11-03T19:21:18.569Z"
---

# Deposit USDe as collateral on USDe/USDC 91.5% — Campaign 0xa166e3…

## 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**: 583500 USDe
- **Daily rewards (token)**: 54,082.788418 USDe
- **Daily rewards ($)**: $54,037.88
- **APR**: 5.00%
- **TVL**: $394,476,534
- **Start**: 2026-10-30
- **End**: 2026-11-06

## Metrics

- **Latest day**: 2026-11-03
- **TVL**: $394,476,534
- **APR**: 5.00%
- **Wallets**: 52
- **History since**: 2026-10-30

| Date | TVL | APR | Wallets |
| --- | --- | --- | --- |
| 2026-11-03 | $394,476,534 | 5.00% | 52 |
| 2026-11-02 | $384,169,333.9 | 5.00% | 52 |
| 2026-11-01 | $362,151,202.27 | 5.00% | 52 |
| 2026-10-31 | $361,148,119.69 | 5.00% | 52 |
| 2026-10-30 | $359,706,678.95 | 5.00% | 53 |

## Distribution

- **Distribution chain**: Base
- **Distribution chain ID**: 8453
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 8453
- **Campaign APR**: 5.00%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0xa166e3863c31068470ef935ba8301285bdff1e9175b29243f8d924e1277ec448
- **Internal ID**: 1021691709929910104
- **Compute chain ID**: 8453
- **Distribution chain ID**: 8453
- **Reward token ID**: 18067461037195983186
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](https://app.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-10-29

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0xa166e3863c31068470ef935ba8301285bdff1e9175b29243f8d924e1277ec448/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/15882969063492504801/campaigns/0xa166e3863c31068470ef935ba8301285bdff1e9175b29243f8d924e1277ec448)
- [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)