WETH rates on Aave
WETH is listed on 27 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
$5.37B
all markets
Total borrowed
$4.33B
Best supply APY
1.70%
V4 Ethereum Main
Lowest borrow APY
0.24%
Celo
About WETH on Aave
Wrapped Ether (WETH) is listed on 20 Aave V3 markets and 7 Aave V4 spokes across 20 networks, led by Ethereum, Base and Arbitrum. Altogether $5.37B is supplied and $4.33B borrowed, so 80.6% of it is lent out.
Right now supply rates run from 0.00% to 1.70% across markets with at least $1M supplied and borrow rates run from 0.24% to 2.20% 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.
WETH follows the price of ETH. Most of it is supplied as collateral, often in E-Mode to borrow more ETH against it, which keeps its supply rate low. Compare every ETH rate on Aave.
WETH on Aave: quick answers
What is the best WETH supply rate on Aave?
1.70% on the Ethereum Main spoke (V4), the highest among markets with at least $1M supplied. The largest market, Ethereum Core, pays 1.43%.
Where is it cheapest to borrow WETH on Aave?
Celo at 0.24% variable APY, among markets with at least $250K available to borrow.
How much WETH is on Aave?
$5.37B is supplied and $4.33B borrowed across 27 markets on Aave V4 and V3.
Can I borrow against WETH on Aave?
Yes, on 11 markets. The highest loan-to-value it allows is 84% of its value, before E-Mode.