---
title: "Borrow vbUSDC on any Morpho Market"
description: "Earn rewards by borrowing vbUSDC on any whitelisted Morpho Market on Katana"
canonical: "https://app.merkl.xyz/opportunities/5796409649257358387"
chain: "Katana"
protocol: "Morpho"
type: "MORPHOBORROW_SINGLETOKEN"
page: 1
items: 25
totalPages: 1
updated: 2026-06-04T17:28:49.000Z
---

# Borrow vbUSDC on any Morpho Market

## 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 on any whitelisted Morpho Market on Katana

## Key metrics

- **Total Value Locked**: $36,227,236.12
- **APR**: 0.00%
- **Native APR**: —
- **Daily rewards**: $0
- **Live campaigns**: 0
- **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 (21 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0x5f611a…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x5f611ab4619748cdd62483d38c3767a5cff230aad6c8a1eeaf7f4cfa44810586.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2026-05-13 | 2026-05-27 |
| [0xcc5c50…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xcc5c506579d7c1c0681ee631ad6a218d3da88e8490263e8d059bee79ad0bb60c.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2026-03-31 | 2026-04-30 |
| [0x0a6251…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x0a6251c4bae1af454fdbe01d8ea7a2c77dbcd0c233172fd20afac4a4954e4674.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2026-03-31 | 2026-04-30 |
| [0xbb21c7…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xbb21c71f33082f8af7013ec9206ce31c28a5c3963eb7472c975eb61cf200bc7a.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2026-03-17 | 2026-03-31 |
| [0xf652d7…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xf652d7e0c5e68930ec5eb8908d45b2f1b3ca3ce856fcb6ed14b653f831af1c9e.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2026-03-17 | 2026-03-31 |
| [0xaf122d…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xaf122dc72c667dc6914f6e2cbc1bbca8000182837d6ca9545f7b222d3909ed16.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2026-03-02 | 2026-03-17 |
| [0x4a40bb…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x4a40bb63c84fb912a2e55532c4c42679ab33d26daf5e63071e052d5a2881f4fe.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2026-03-02 | 2026-03-17 |
| [0x47a630…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x47a63092e7d51550c9b0bd388d760bec547fb60944a3b1cfaadcfaec7f609b97.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2026-01-29 | 2026-03-12 |
| [0x372688…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x3726885b79dfc2fde0e0db116a5a6da6636afdd9b58ad438997516ea197df353.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2026-01-15 | 2026-01-31 |
| [0x6ca315…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x6ca31525323a08b959ac9db54964e7bf9b1f51eadab86b006f71168e48d4fa7a.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2026-01-15 | 2026-01-31 |
| [0xdf0c2d…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xdf0c2d80f6accfb9e9269a9a7882cb7d8de15e6df00e90cb79087d13b016ae18.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2025-12-31 | 2026-01-15 |
| [0x486ee3…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x486ee3355b36d9a3759136df62573d1254d6469020edc35c9c18977b4237b56b.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2025-12-15 | 2025-12-31 |
| [0xc46764…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xc467641d479701ecb0671804addee30872abe97d0ef1ad207ff7ed159f3c521e.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2025-12-15 | 2025-12-31 |
| [0x092fcd…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x092fcd64798f2aa9f22ff935dc8989ab386190866ab078e511ef26d137d1e7c7.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2025-11-30 | 2025-12-15 |
| [0x723596…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x723596b457d6a0a35ac62a7461e9cfca2a7b6bab58f6e64ee6742e643ab3229a.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2025-11-30 | 2025-12-15 |
| [0x57dc11…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x57dc116934e9f6fac91ccff4091bfff009b1a1296794dafcb423d185e1f8556f.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2025-10-31 | 2025-11-30 |
| [0x907736…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x907736d80447dd0a9faa3142907e8211ab530e9baa6ac4386d1d207114ec0e9a.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2025-10-31 | 2025-11-30 |
| [0xe10d75…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xe10d75d243b12685b61f4ce26cf2f0b28c6d84d5c4f8a8a2c74337522f498687.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2025-09-30 | 2025-10-31 |
| [0xbd77c8…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0xbd77c8168f7a74fc7717c17aaddb966f4a4e72b072fd80118b7f855669720ed5.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2025-09-30 | 2025-10-31 |
| [0x5562f5…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x5562f51a79cf800fdb09434824b7ea77321989eaea29fa1b3b8f095869f39c29.md) | past | [MORPHO](https://app.merkl.xyz/tokens/MORPHO.md) | 0.00% | $0 | 2025-08-31 | 2025-09-30 |
| [0x50140d…](https://app.merkl.xyz/opportunities/5796409649257358387/campaigns/0x50140df01b63838110cda12f8c9fbd8f72e853eb3eafb6d23e0cfd1dc93cf7a4.md) | past | [KAT](https://app.merkl.xyz/tokens/KAT.md) | 0.00% | $0 | 2025-08-31 | 2025-09-30 |

## Participate

- [Deposit](https://app.morpho.org/katana/borrow)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/5796409649257358387)
- [Katana chain page](https://app.merkl.xyz/chains/katana)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)