---
title: "Borrow USDC on kHYPE/USDC 77%"
description: "Earn rewards by borrowing USDC using kHYPE on Morpho on HyperEVM"
canonical: "https://app.merkl.xyz/opportunities/16258442436236042952"
chain: "HyperEVM"
protocol: "Morpho"
type: "MORPHOBORROW"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-10-29T18:51:25.000Z
generated: "2026-11-04T19:53:29.048Z"
---

# Borrow USDC on kHYPE/USDC 77%

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [HyperEVM chain (markdown)](https://app.merkl.xyz/chains/hyperevm.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

Earn rewards by borrowing USDC using kHYPE on Morpho on HyperEVM

## Key metrics

- **Total Value Locked**: $6,785,428.77
- **APR**: 4.85%
- **Protocol APR**: —
- **Daily rewards**: $900.71
- **Live campaigns**: 1
- **Chain**: HyperEVM
- **Protocol**: Morpho
- **Protocol trusted**: Yes, verified by DefiLlama (https://defillama.com/protocol/morpho-blue)

## Tokens

- [USDC](https://app.merkl.xyz/tokens/USDC.md)

## Campaigns : page 1 of 1 (1 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0xd69339…](https://app.merkl.xyz/opportunities/16258442436236042952/campaigns/0xd69339f26656d2c8d26708b416a0a0a49a499b8b49adb9a27e553399b7e91bdf.md) | live | [USDC](https://app.merkl.xyz/tokens/USDC.md) | 4.85% | $900.71 | 2026-11-02 | 2026-11-09 |

## Participate

- [Deposit](https://app.morpho.org/hyperliquid/market/0x96c47d3797394dd25e33f814216793a89d2e6edcc54d1dac3ab4c2b2d82a73b9)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/16258442436236042952)
- [HyperEVM chain page](https://app.merkl.xyz/chains/hyperevm)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)