Aave Tracker

USDT rates on Aave

USDT is listed on 28 Aave markets across V3 and V4. Rates differ because each market has its own supply, demand and settings. On V4 the borrow figure is the base rate.

Data from Aave's API · updated

Total supplied

$3.85B

all markets

Total borrowed

$3.55B

 

Best supply APY

4.68%

V4 Ethereum Bluechip

Lowest borrow APY

1.84%

Celo

USDT on every Aave market
Market Total supplied Supply APY Total borrowed Borrow APY Utilization
Ethereum CoreUSDT · $2.57B $2.57B2.58B USDT 3.86% $2.41B2.41B USDT 4.59% 93.7%
PlasmaUSDT0 · $709.2M $709.2M710.05M USDT0 4.15% $666.9M667.68M USDT0 4.66% 94.0%
MantleUSDT0 · $154.1M $154.1M154.32M USDT0 3.11% $134.8M135.00M USDT0 3.96% 87.5%
Avalanche MainV4USDT · $92.19M $92.19M92.30M USDT 2.68% $2.71M2.71M USDT 3.70%base rate 69.8%
MonadUSDT0 · $68.59M $68.59M68.68M USDT0 4.16% $62.63M62.72M USDT0 5.09% 91.3%
BNB ChainUSDT · $61.20M $61.20M61.29M USDT 3.42% $52.90M52.97M USDT 4.42% 86.4%
ArbitrumUSD₮0 · $43.73M $43.73M43.79M USD₮0 3.57% $38.62M38.67M USD₮0 4.52% 88.4%
X LayerUSD₮0 · $37.30M $37.30M37.34M USD₮0 2.92% $29.83M29.86M USD₮0 4.08% 80.0%
PolygonUSDT0 · $31.46M $31.46M31.51M USDT0 3.67% $21.80M21.83M USDT0 7.18% 69.3%
AvalancheUSDt · $25.18M $25.18M25.21M USDt 4.46% $22.70M22.72M USDt 5.52% 90.9%
Ethereum MainV4USDt · $19.00M $19.00M19.03M USDt 3.72% $14.66M14.68M USDt 4.56%base rate 91.2%
InkUSD₮0 · $11.10M $11.10M11.11M USD₮0 3.19% $9.83M9.85M USD₮0 4.02% 88.6%
Ethereum ForexV4USDt · $6.10M $6.10M6.11M USDt 3.72% $1.9K1.89K USDt 4.56%base rate 91.2%
Ethereum Ethena EcosystemV4USDt (Plus hub) · $4.33M $4.33M4.33M USDt 3.73% $3.98M3.99M USDt 4.80%base rate 91.9%
OptimismUSDT · $3.77M $3.77M3.78M USDT 3.63% $3.36M3.36M USDT 4.55% 89.0%
Ethereum BluechipV4USDt (Prime hub) · $3.15M $3.15M3.15M USDt 4.68% $2.91M2.92M USDt 5.65%base rate 92.5%
CeloUSD₮ · $1.21M $1.21M1.21M USD₮ 0.60% $495K495.71K USD₮ 1.84% 41.1%
Avalanche ForexV4USDT · $534K $534K535.09K USDT 2.68% $78.4K78.52K USDT 3.70%base rate 69.8%
LineaUSDT · $396K $396K396.38K USDT 7.41% $372K372.43K USDT 8.83% 94.0%
Metism.USDT · $81.7K $81.7K81.84K m.USDT <0.01% $1.5K1.46K m.USDT 5.25% 1.8%
zkSync EraUSDT · $22.3K $22.3K22.32K USDT 0.09% $19.3K19.36K USDT 10.36% 87.4%
Ethereum USDG PendleV4USDt · $1.8K $1.8K1.76K USDt 7.18% $1.7K1.66K USDt 8.52%base rate 94.2%
MegaETHUSDT0 · $1.3K $1.3K1.28K USDT0 7.01% $1.3K1.27K USDT0 14.58% 99.6%
SoneiumUSDT · $1.2K $1.2K1.22K USDT 0.02% $375375.17 USDT 7.13% 30.9%
Ethereum BluechipV4USDt (Core hub) · $0 $00 USDt 3.72% $5.02M5.03M USDt 4.56%base rate 91.2%
Avalanche Ethena EcosystemV4USDT · $0 $00 USDT 2.68% $61.93M62.00M USDT 3.70%base rate 69.8%
Ethereum Ethena EcosystemV4USDt (Core hub) · $0 $00 USDt 3.72% $3.01M3.01M USDt 4.56%base rate 91.2%
Ethereum GoldV4USDt · $0 $00 USDt 3.72% $217K216.93K USDt 4.56%base rate 91.2%

About USDT on Aave

Tether USD (USDT) is listed on 17 Aave V3 markets and 11 Aave V4 spokes across 17 networks, led by Ethereum, Plasma and Mantle. Altogether $3.85B is supplied and $3.55B borrowed, so 92.3% of it is lent out.

Right now supply rates run from 0.60% to 4.68% across markets with at least $1M supplied and borrow rates run from 1.84% to 7.18% on markets where at least $250K is available. The gap exists because each market has its own borrowers and its own rate settings. Moving between networks costs gas and bridging fees, so a small gap may not be worth chasing. On V4 the borrow figure is the hub's base rate, before each borrower's risk premium.

USDT is a dollar stablecoin, so most people supply it to earn interest or borrow it against other collateral. Compare it with every other stablecoin rate on Aave.

USDT on Aave: quick answers

What is the best USDT supply rate on Aave?

4.68% on the Ethereum Bluechip spoke (V4), the highest among markets with at least $1M supplied. The largest market, Ethereum Core, pays 3.86%.

Where is it cheapest to borrow USDT on Aave?

Celo at 1.84% variable APY, among markets with at least $250K available to borrow.

How much USDT is on Aave?

$3.85B is supplied and $3.55B borrowed across 28 markets on Aave V4 and V3.