---
title: "Borrow USDC via PendleLoop on Aave V4"
description: "Earn rewards for borrowing USDC through PendleLoop to loop long positions on tokenized stocks, powered by Aave V4 markets on Base."
canonical: "https://app.merkl.xyz/opportunities/3747518620623623611"
chain: "Base"
protocol: "Pendle"
type: "AAVE_V4_HUB_NET_BORROWING"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-10-22T15:52:23.000Z
generated: "2026-10-26T15:59:20.251Z"
---

# Borrow USDC via PendleLoop on Aave V4

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [Base chain (markdown)](https://app.merkl.xyz/chains/base.md)
- [Pendle protocol (markdown)](https://app.merkl.xyz/protocols/pendle.md)

Earn rewards for borrowing USDC through PendleLoop to loop long positions on tokenized stocks, powered by Aave V4 markets on Base.

## Key metrics

- **Total Value Locked**: $1,080.43
- **APR**: 3.00%
- **Protocol APR**: —
- **Daily rewards**: $0.09
- **Live campaigns**: 1
- **Chain**: Base
- **Protocol**: Pendle
- **Protocol trusted**: Yes, verified by DefiLlama (https://defillama.com/protocol/pendle)

## Tokens

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

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

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0x02f64f…](https://app.merkl.xyz/opportunities/3747518620623623611/campaigns/0x02f64fc810e3a2f62ccbf5147938f357b049a72cbe4c4846a8f4458002eaa873.md) | live | [USDC](https://app.merkl.xyz/tokens/USDC.md) | 3.00% | $0.09 | 2026-10-23 | 2026-11-06 |

## Participate

- [Deposit](https://app.pendle.finance/trade/loop?side=long)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/3747518620623623611)
- [Base chain page](https://app.merkl.xyz/chains/base)
- [Pendle protocol page](https://app.merkl.xyz/protocols/pendle)