---
title: "Borrow vbUSDC on stcUSD/vbUSDC 86%"
description: "Earn rewards by borrowing vbUSDC using stcUSD on Morpho on Katana"
canonical: "https://app.merkl.xyz/opportunities/2012629150870821350"
chain: "Katana"
protocol: "Morpho"
type: "MORPHOBORROW"
page: 1
items: 25
totalPages: 1
updated: 2026-07-13T18:37:45.000Z
---

# Borrow vbUSDC on stcUSD/vbUSDC 86%

## 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 vbUSDC using stcUSD on Morpho on Katana

## Key metrics

- **Total Value Locked**: $810,547.27
- **APR**: 1.00%
- **Native APR**: —
- **Daily rewards**: $22.21
- **Live campaigns**: 1
- **Chain**: Katana
- **Protocol**: Morpho
- **Protocol trusted**: Yes — verified by DefiLlama (https://defillama.com/protocol/morpho-blue)

## Tokens

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

## Campaigns — page 1 of 1 (1 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0x72b650…](https://app.merkl.xyz/opportunities/2012629150870821350/campaigns/0x72b650de79f1b35e8bc64de6be59c04a9a7be6a72fc0e5bef3a936ca26510367.md) | live | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 1.00% | $22.21 | 2026-07-14 | 2026-08-14 |

## Participate

- [Deposit](https://app.morpho.org/katana/market/0xea8f588be62079a1ad874bf7c7217166b323e0fe8ea3e59b584430ed1b859ace)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/2012629150870821350)
- [Katana chain page](https://app.merkl.xyz/chains/katana)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)