WAVAX on Aave Avalanche

Live Wrapped AVAX (WAVAX) 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

0.99%

earned by suppliers

Borrow APY, variable

3.36%

paid by borrowers

Total supplied

$129.6M

15.84M WAVAX

Total borrowed

$48.53M

5.93M WAVAX

Utilization

37.4%

share of supply that is lent out

Available to borrow

$560K

oracle price $8.1819

WAVAX supply and borrow APY history

Averages published by Aave's API

Risk settings

Can be used as collateral	Yes
Max loan-to-value (LTV)	68.00%
Liquidation threshold	73.00%
Liquidation penalty	9.00%
Reserve factor	20.00%
Flash loans	Enabled
Supply cap used	Full: 15.84M WAVAX against a cap of 12.00M, so no new deposits
Borrow cap used	5.93M of 6.00M WAVAX (98.9%)

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

Contracts

WAVAX token	0xB31f…66c7
aToken (aAvaWAVAX)	0x6d80…Ea97
Variable debt token	0x4a1c…b8B8
Price oracle	0x0A77…6156
Interest rate strategy	0xCe1C…93da
Pool	0x794a…14aD

Links open the Avalanche block explorer.

WAVAX utilization and interest rate curve

Utilization is 37.4% right now. The chart shows how the rate responds as more of the supply gets borrowed.

Borrow APR Supply APR

Up to 65% utilization the borrow rate climbs gently from 1.00% to 5.00%. Past that point it climbs steeply, reaching 149.28% when everything is lent out. How Aave interest rates work.

E-Mode categories that include WAVAX

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

Category (1)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
AVAX correlated	93.00%	95.00%	1.00%	Yes	Yes

About WAVAX on Aave Avalanche

Wrapped AVAX (WAVAX) is listed on the Aave V3 Avalanche market. Lenders have supplied $129.6M (15.84M WAVAX) and borrowers owe $48.53M, so 37.4% of the pool is lent out and $560K is left to borrow. The supply cap is full, so no new deposits are accepted.

Suppliers earn 0.99% a year, and variable-rate borrowers pay 3.36%. The rate follows utilization: up to 65% the borrow rate rises gently from 1.00% to 5.00%, and above that it climbs steeply to 149.28% when everything is lent out. At 37.4% now, the pool is below that point. Aave keeps 20% of the interest as its reserve factor.

WAVAX counts as collateral here: you can borrow up to 68% of its value, and a loan is liquidated once it reaches 73%, with a 9.0% penalty. In E-Mode it can back loans of up to 93%. The best WAVAX supply rate elsewhere on Aave is 0.81% on the Avalanche Main spoke (V4). The cheapest place to borrow it is the Avalanche Main spoke (V4) at 3.09%. Compare WAVAX rates on every Aave market.

Its borrow rate is the 3rd lowest of the 3 markets with at least $250K of WAVAX to lend. A week ago suppliers earned 0.96% and borrowers paid 3.31%, with 36.7% of the pool lent out. Over the past 30 days, the supply rate ranged from 0.75% to 1.01%, and the borrow rate from 2.99% to 3.38% (one reading a day).