---
title: "Borrow vbUSDC on FXRP/vbUSDC 77%"
description: "Earn rewards by borrowing vbUSDC using FXRP on Morpho on Katana"
canonical: "https://app.merkl.xyz/opportunities/8809484044638859379"
chain: "Katana"
protocol: "Morpho"
type: "MORPHOBORROW"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-09-09T14:33:13.000Z
generated: "2026-09-23T09:36:34.719Z"
---

# Borrow vbUSDC on FXRP/vbUSDC 77%

## 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 FXRP on Morpho on Katana

## Key metrics

- **Total Value Locked**: $167,375.09
- **APR**: 1.00%
- **Protocol APR**: —
- **Daily rewards**: $4.59
- **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 |
| --- | --- | --- | --- | --- | --- | --- |
| [0x1fcc01…](https://app.merkl.xyz/opportunities/8809484044638859379/campaigns/0x1fcc01982d7c46b675840dad359f135620c2aa8e815379ba50a13d9989a77088.md) | live | [avKAT](https://app.merkl.xyz/tokens/avKAT.md) | 1.00% | $4.59 | 2026-09-07 | 2026-10-05 |

## Participate

- [Deposit](https://app.morpho.org/katana/market/0x1d5c1b4562d31973ace7005cda499198175ed4df590e5c30d03b22f9c2233683)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/8809484044638859379)
- [Katana chain page](https://app.merkl.xyz/chains/katana)
- [Morpho protocol page](https://app.merkl.xyz/protocols/morpho)