USDC on Aave Avalanche

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

Data from Aave's API · updated 2026-11-08 04:27 UTC

Supply APY

4.65%

earned by suppliers

Borrow APY, variable

5.70%

paid by borrowers

Total supplied

$67.35M

67.36M USDC

Total borrowed

$61.31M

61.32M USDC

Utilization

91.0%

share of supply that is lent out

Available to borrow

$3.28M

oracle price $0.9998

USDC supply and borrow APY history

Averages published by Aave's API

Risk settings

Can be used as collateral	No
Max loan-to-value (LTV)	–
Liquidation threshold	–
Liquidation penalty	–
Reserve factor	10.00%
Flash loans	Enabled
Supply cap used	67.36M of 150.00M USDC (44.9%)
Borrow cap used	61.32M of 64.60M USDC (94.9%)

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

Contracts

USDC token	0xB97E…8a6E
aToken (aAvaUSDC)	0x625E…b4cD
Variable debt token	0xFCCf…C989
Price oracle	0xb0D7…8483
Interest rate strategy	0xCe1C…93da
Pool	0x794a…14aD

Links open the Avalanche block explorer.

USDC utilization and interest rate curve

Utilization is 91.0% 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 4.50%. Past that point it climbs steeply, reaching 14.50% 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 (4)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
Stablecoins	93.00%	95.00%	1.00%	Yes	No
USDe/Stablecoin	89.00%	92.00%	2.00%	No	Yes
sUSDe/Stablecoin	89.00%	91.00%	4.00%	No	Yes
EURC__USDC_USDT	75.00%	78.00%	5.00%	No	Yes

About USDC on Aave Avalanche

USD Coin (USDC) is listed on the Aave V3 Avalanche market. Lenders have supplied $67.35M (67.36M USDC) and borrowers owe $61.31M, so 91.0% of the pool is lent out and $3.28M is left to borrow. The supply cap is 45% used.

Suppliers earn 4.65% a year, and variable-rate borrowers pay 5.70%. The rate follows utilization: up to 90% the borrow rate rises gently from 0.00% to 4.50%, and above that it climbs steeply to 14.50% when everything is lent out. At 91.0% now, the pool is above that point, so the rate can jump quickly if more is borrowed. Aave keeps 10% of the interest as its reserve factor.

USDC cannot be used as collateral on this market. The best USDC supply rate elsewhere on Aave is 9.47% on Linea. The cheapest place to borrow it is the Arc Main spoke (V4) at 3.42%. Compare USDC rates on every Aave market.

Among the 22 Aave markets with at least $1M of USDC supplied, this one pays the 6th highest supply rate. Its borrow rate is the 20th lowest of the 25 markets with at least $250K of USDC to lend. A week ago suppliers earned 7.60% and borrowers paid 9.03%, with 94.2% of the pool lent out. Over the past 30 days, the supply rate ranged from 3.42% to 10.20%, and the borrow rate from 4.42% to 11.81% (one reading a day).