---
title: "Deposit USDe as collateral on USDe/RLUSD 91.5% — Campaign 0xc8e45a…"
description: "Campaign on Ethereum distributing USDe."
canonical: "https://app.merkl.xyz/opportunities/6480753085017024194/campaigns/0xc8e45a0c3422f23a672f507bb85062e014ff3d63190b6137a487d37100560576"
chain: "Ethereum"
token: "USDe"
status: "live"
start: "2026-11-06"
end: "2026-11-13"
rewardsComputedUntil: "2026-11-10T21:46:35.000Z"
generated: "2026-11-10T22:14:20.769Z"
---

# Deposit USDe as collateral on USDe/RLUSD 91.5% — Campaign 0xc8e45a…

## Back to

- [Parent opportunity Deposit USDe as collateral on USDe/RLUSD 91.5% (markdown)](https://app.merkl.xyz/opportunities/6480753085017024194.md)
- [Parent opportunity Deposit USDe as collateral on USDe/RLUSD 91.5% (HTML)](https://app.merkl.xyz/opportunities/6480753085017024194)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [Morpho protocol (markdown)](https://app.merkl.xyz/protocols/morpho.md)

## Overview

- **Reward token**: USDe
- **Total amount**: 156051 USDe
- **Daily rewards (token)**: 7,789.667273 USDe
- **Daily rewards ($)**: $7,786.47
- **APR**: 5.25%
- **TVL**: $54,134,488.03
- **Start**: 2026-11-06
- **End**: 2026-11-13

## Metrics

- **Latest day**: 2026-11-10
- **TVL**: $54,134,488.03
- **APR**: 5.25%
- **Wallets**: 16
- **History since**: 2026-11-06

| Date | TVL | APR | Wallets |
| --- | --- | --- | --- |
| 2026-11-10 | $54,134,488.03 | 5.25% | 16 |
| 2026-11-09 | $54,925,365.62 | 5.25% | 16 |
| 2026-11-08 | $54,491,049.41 | 5.25% | 16 |
| 2026-11-07 | $54,985,633.1 | 5.25% | 16 |
| 2026-11-06 | $55,730,483.87 | 5.25% | 16 |

## Distribution

- **Distribution chain**: Ethereum
- **Distribution chain ID**: 1
- **Distribution type**: MAX_REWARD_VALUE_PER_LIQUIDITY_VALUE
- **Compute chain ID**: 1
- **Campaign APR**: 5.25%
- **Opportunity native APR**: —

## Advanced

- **Campaign ID**: 0xc8e45a0c3422f23a672f507bb85062e014ff3d63190b6137a487d37100560576
- **Internal ID**: 3528194736162709978
- **Compute chain ID**: 1
- **Distribution chain ID**: 1
- **Reward token ID**: 1841334155919054264
- **Creator**: [0x7d0A9493Edecf7112486319E0fDBA72fC7a62468](https://app.merkl.xyz/users/0x7d0A9493Edecf7112486319E0fDBA72fC7a62468.md)
- **Created at**: 2026-11-05

## Leaderboard

- [Paginated leaderboard (markdown)](https://app.merkl.xyz/opportunities/6480753085017024194/campaigns/0xc8e45a0c3422f23a672f507bb85062e014ff3d63190b6137a487d37100560576/leaderboard.md): append `?page=N&items=M` to paginate

## Links

- [Open campaign in Merkl App (HTML)](https://app.merkl.xyz/opportunities/6480753085017024194/campaigns/0xc8e45a0c3422f23a672f507bb85062e014ff3d63190b6137a487d37100560576)
- [Parent opportunity Deposit USDe as collateral on USDe/RLUSD 91.5% (markdown)](https://app.merkl.xyz/opportunities/6480753085017024194.md)
- [Ethereum chain (markdown)](https://app.merkl.xyz/chains/ethereum.md)
- [USDe token (markdown)](https://app.merkl.xyz/tokens/USDe.md)