---
title: "Borrow vbUSDT on FXRP/vbUSDT 77%"
description: "Earn rewards by borrowing vbUSDT using FXRP on Morpho on Katana"
canonical: "https://app.merkl.xyz/opportunities/18378808944865501562"
chain: "Katana"
protocol: "Morpho"
type: "MORPHOBORROW"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-09-09T14:33:11.000Z
generated: "2026-09-23T09:45:40.828Z"
---

# Borrow vbUSDT on FXRP/vbUSDT 77%

## Back to

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

Earn rewards by borrowing vbUSDT using FXRP on Morpho on Katana

## Key metrics

- **Total Value Locked**: $255,228.77
- **APR**: 1.00%
- **Protocol APR**: —
- **Daily rewards**: $6.99
- **Live campaigns**: 1
- **Chain**: Katana
- **Protocol**: Morpho
- **Protocol trusted**: Yes, verified by DefiLlama (https://defillama.com/protocol/morpho-blue)

## Tokens

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

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

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0xeb25b6…](https://app.merkl.xyz/opportunities/18378808944865501562/campaigns/0xeb25b6aa98b8ab61bc8ee39c1420e69a172ceb359d1c2cea5e5d1e37ac6f1f34.md) | live | [avKAT](https://app.merkl.xyz/tokens/avKAT.md) | 1.00% | $6.99 | 2026-09-07 | 2026-10-05 |

## Participate

- [Deposit](https://app.morpho.org/katana/market/0x1bebf9f2a2bd43ebc9467c037aa9b8a3cc0804f005a37976a06f95521a4ccf68)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/18378808944865501562)
- [Katana chain page](https://app.merkl.xyz/chains/katana)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)