USDe on Aave Avalanche

Live USDe (USDe) 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 2026-09-21 08:51 UTC

Supply APY

6.15%

earned by suppliers

Borrow APY, variable

10.28%

paid by borrowers

Total supplied

$4.6K

4.57K USDe

Total borrowed

$3.7K

3.71K USDe

Utilization

81.3%

share of supply that is lent out

Available to borrow

$854

oracle price $0.9997

USDe 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)	70.00%
Liquidation threshold	73.00%
Liquidation penalty	8.50%
Reserve factor	25.00%
Flash loans	Enabled
Supply cap used	4.57K of 1.00M USDe (0.5%)
Borrow cap used	3.71K of 700.00K USDe (0.5%)

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

Contracts

USDe token	0x5d3a…ef34
aToken (aAvaUSDe)	0x6533…fb00
Variable debt token	0x6B4b…Ea3D
Price oracle	0x5b78…8009
Interest rate strategy	0xCe1C…93da
Pool	0x794a…14aD

Links open the Avalanche block explorer.

USDe utilization and interest rate curve

Utilization is 81.3% right now. The chart shows how the rate responds as more of the supply gets borrowed.

Borrow APR Supply APR

Up to 80% utilization the borrow rate climbs gently from 6.30% to 6.55%. Past that point it climbs steeply, reaching 56.55% when everything is lent out. How Aave interest rates work.

E-Mode categories that include USDe

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

Category (2)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
USDe/Stablecoin	89.00%	92.00%	2.00%	Yes	No
sUSDe/Stablecoin	89.00%	91.00%	4.00%	No	Yes

USDe on other Aave markets

The same asset, different rates

Compare all →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum CoreUSDe · $599.7M	$599.7M599.84M USDe	0.64%	$79.98M80.00M USDe	6.54%	13.3%
PlasmaUSDe · $549.8M	$549.8M550.01M USDe	0.40%	$45.75M45.76M USDe	6.53%	8.3%
MonadUSDe · $73.02M	$73.02M73.04M USDe	0.17%	$2.66M2.66M USDe	6.51%	3.6%
MantleUSDe · $27.37M	$27.37M27.38M USDe	<0.01%	$20.2K20.25K USDe	6.50%	0.1%
Ethereum Ethena EcosystemV4USDe · $15.00M	$15.00M15.00M USDe	0.10%	$319K319.04K USDe	6.31%base rate	2.1%
Ethereum Ethena CorrelatedV4USDe · $75.3K	$75.3K75.27K USDe	0.10%	$67.0067.31 USDe	6.31%base rate	2.1%
MegaETHUSDe · $66.4K	$66.4K66.38K USDe	0.92%	$33.7K33.76K USDe	2.42%	50.9%
InkUSDe · $28.0K	$28.0K28.00K USDe	1.43%	$17.3K17.26K USDe	3.13%	61.6%