USDC on Aave Arbitrum

Live USD Coin (USDC) rates on the Aave V3 Arbitrum market: what suppliers earn, what borrowers pay, how much is available, and the settings that decide both.

Data from Aave's API · updated 2026-09-21 08:51 UTC

Supply APY

2.93%

earned by suppliers

Borrow APY, variable

3.85%

paid by borrowers

Total supplied

$181.2M

181.19M USDC

Total borrowed

$153.9M

153.89M USDC

Utilization

84.9%

share of supply that is lent out

Available to borrow

$27.30M

oracle price $0.9999

USDC supply and borrow APY history

Daily averages published by Aave's API

Risk settings

Can be used as collateral	Yes
Max loan-to-value (LTV)	75.00%
Liquidation threshold	78.00%
Liquidation penalty	5.00%
Reserve factor	10.00%
Flash loans	Enabled
Supply cap used	181.19M of 250.00M USDC (72.5%)
Borrow cap used	153.89M of 225.00M USDC (68.4%)

New to these terms? Read health factor explained and supply and borrow caps.

Contracts

USDC token	0xaf88…5831
aToken (aArbUSDCn)	0x724d…C637
Variable debt token	0xf611…41A6
Price oracle	0xB0C9…113b
Interest rate strategy	0x429F…B73F
Pool	0x794a…14aD

Links open the Arbitrum block explorer.

USDC utilization and interest rate curve

Utilization is 84.9% right now. The chart shows how the rate responds as more of the supply gets borrowed.

Borrow APR Supply APR

Up to 90% utilization the borrow rate climbs gently from 0.00% to 4.00%. Past that point it climbs steeply, reaching 14.00% when everything is lent out. How Aave interest rates work.

E-Mode categories that include USDC

Efficiency mode raises borrowing power between closely related assets. E-Mode explained.

Category (5)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
Stablecoins	93.00%	95.00%	1.00%	Yes	No
ezETH Stablecoins	72.00%	75.00%	7.50%	No	Yes
AAVE__USDCn_USDT	66.00%	73.00%	10.00%	No	Yes
ARB__USDCn_USDT	58.00%	63.00%	10.00%	No	Yes
tBTC__USDCn_USDT	72.00%	75.00%	7.50%	No	Yes

USDC on other Aave markets

The same asset, different rates

Compare all →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum CoreUSDC · $2.38B	$2.38B2.38B USDC	3.60%	$2.18B2.18B USDC	4.38%	91.6%
BaseUSDC · $181.8M	$181.8M181.86M USDC	3.70%	$159.8M159.80M USDC	4.70%	87.9%
MonadUSDC · $163.9M	$163.9M163.94M USDC	3.77%	$142.6M142.61M USDC	4.84%	87.0%
Arc MainV4USDC · $124.8M	$124.8M124.86M USDC	<0.01%	$1.16M1.16M USDC	0.04%base rate	0.9%
InkUSDC · $67.09M	$67.09M67.10M USDC	4.27%	$49.45M49.45M USDC	6.50%	73.7%
AvalancheUSDC · $63.62M	$63.62M63.63M USDC	3.47%	$55.99M55.99M USDC	4.40%	88.0%
PolygonUSDC · $28.12M	$28.12M28.12M USDC	3.32%	$17.96M17.97M USDC	6.60%	63.9%
Ethereum MainV4USDC · $14.65M	$14.65M14.65M USDC	5.04%	$12.31M12.31M USDC	6.06%base rate	92.5%