---
title: "Borrow WETH with pufETH collateral on Compound V3 (80% LTV)"
description: "Earn rewards for borrowing WETH using pufETH as collateral on Compound V3 on Ethereum. Rewards are calculated as min(collateral * 80% LTV, borrow amount)."
canonical: "https://app.merkl.xyz/opportunities/16013993862703535409"
chain: "Ethereum"
protocol: "compound-v3"
type: "COMPOUND_V3_BORROW_FROM_COLLATERAL"
page: 1
items: 25
totalPages: 1
updated: 2026-06-14T00:39:32.000Z
---

# Borrow WETH with pufETH collateral on Compound V3 (80% LTV)

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [compound-v3 protocol (markdown)](https://app.merkl.xyz/protocols/compound-v3.md)

Earn rewards for borrowing WETH using pufETH as collateral on Compound V3 on Ethereum. Rewards are calculated as min(collateral * 80% LTV, borrow amount).

## Key metrics

- **Total Value Locked**: $135,439.74
- **APR**: 5.36%
- **Native APR**: —
- **Daily rewards**: $19.9
- **Live campaigns**: 1
- **Chain**: Ethereum
- **Protocol**: compound-v3

## Tokens

- [pufETH](https://app.merkl.xyz/tokens/pufETH.md)
- [wETH](https://app.merkl.xyz/tokens/wETH.md)
- [cWETHv3](https://app.merkl.xyz/tokens/cWETHv3.md)

## Campaigns — page 1 of 1 (4 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0x6badb3…](https://app.merkl.xyz/opportunities/16013993862703535409/campaigns/0x6badb33ccb2bee8d99758dac731624231834bc8bf92d0c218acbf8a0a543b8c9.md) | live | [mtwCARROT](https://app.merkl.xyz/tokens/mtwCARROT.md) | 5.36% | $19.9 | 2026-06-14 | 2026-07-12 |
| [0x044565…](https://app.merkl.xyz/opportunities/16013993862703535409/campaigns/0x044565ab78f1a77de0c617c9479a3b381eece9bce5f2ca4ddbe47ff2535c3b0f.md) | past | [mtwCARROT](https://app.merkl.xyz/tokens/mtwCARROT.md) | 0.00% | $0 | 2026-05-17 | 2026-06-14 |
| [0x46e02d…](https://app.merkl.xyz/opportunities/16013993862703535409/campaigns/0x46e02de69fa6622e3e29090c1e51533279b6d9ed6eaf38b96b1c9bbd247b912b.md) | past | [mtwCARROT](https://app.merkl.xyz/tokens/mtwCARROT.md) | 0.00% | $0 | 2026-03-08 | 2026-04-05 |
| [0xbde461…](https://app.merkl.xyz/opportunities/16013993862703535409/campaigns/0xbde4617b0e66c7569c705ad860ff2c5fd8cfdf766f590d331b79cb31867cb825.md) | past | [mtwCARROT](https://app.merkl.xyz/tokens/mtwCARROT.md) | 0.00% | $0 | 2026-02-08 | 2026-03-08 |

## Participate

- [Deposit](https://app.compound.finance/markets/0xA17581A9E3356d9A858b789D68B4d866e593aE94)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/16013993862703535409)
- [Ethereum chain page](https://app.merkl.xyz/chains/ethereum)
- [compound-v3 protocol page](https://app.merkl.xyz/protocols/compound-v3)