---
title: "Borrow vbUSDT on FXRP/vbUSDT 77% — Campaign 0xeb25b6…"
description: "Campaign on Katana distributing avKAT."
canonical: "https://app.merkl.xyz/opportunities/18378808944865501562/campaigns/0xeb25b6aa98b8ab61bc8ee39c1420e69a172ceb359d1c2cea5e5d1e37ac6f1f34"
chain: "Katana"
token: "avKAT"
status: "live"
start: "2026-09-07"
end: "2026-10-05"
rewardsComputedUntil: "2026-09-23T10:08:33.000Z"
generated: "2026-09-23T10:23:41.291Z"
---

# Borrow vbUSDT on FXRP/vbUSDT 77% — Campaign 0xeb25b6…

## Back to

- [Parent opportunity Borrow vbUSDT on FXRP/vbUSDT 77% (markdown)](https://app.merkl.xyz/opportunities/18378808944865501562.md)
- [Parent opportunity Borrow vbUSDT on FXRP/vbUSDT 77% (HTML)](https://app.merkl.xyz/opportunities/18378808944865501562)
- [Katana chain (markdown)](https://app.merkl.xyz/chains/katana.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

## Overview

- **Reward token**: avKAT
- **Total amount**: 148470 avKAT
- **Daily rewards (token)**: 1,069.931488 avKAT
- **Daily rewards ($)**: $6.99
- **APR**: 1.00%
- **TVL**: $255,219.96
- **Start**: 2026-09-07
- **End**: 2026-10-05

## Distribution

- **Distribution chain**: Katana
- **Distribution chain ID**: 747474
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 747474
- **Campaign APR**: 1.00%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0xeb25b6aa98b8ab61bc8ee39c1420e69a172ceb359d1c2cea5e5d1e37ac6f1f34
- **Internal ID**: 18318033582625516240
- **Compute chain ID**: 747474
- **Distribution chain ID**: 747474
- **Reward token ID**: 16610056047061870930
- **Creator**: [0xc3EE005931e07f3d5476544F605BD333158fCe77](https://app.merkl.xyz/users/0xc3EE005931e07f3d5476544F605BD333158fCe77.md)
- **Created at**: 2026-09-09

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/18378808944865501562/campaigns/0xeb25b6aa98b8ab61bc8ee39c1420e69a172ceb359d1c2cea5e5d1e37ac6f1f34/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/18378808944865501562/campaigns/0xeb25b6aa98b8ab61bc8ee39c1420e69a172ceb359d1c2cea5e5d1e37ac6f1f34)
- [Parent opportunity Borrow vbUSDT on FXRP/vbUSDT 77% (markdown)](https://app.merkl.xyz/opportunities/18378808944865501562.md)
- [Katana chain (markdown)](https://app.merkl.xyz/chains/katana.md)
- [avKAT token (markdown)](https://app.merkl.xyz/tokens/avKAT.md)