EURC on Aave Base

EURC is listed on the Aave V3 Base market. Lenders have supplied $10.92M (9.81M EURC) and borrowers owe $4.98M, so 45.5% of the pool is lent out and $5.95M is left to borrow. The supply cap is 39% used.

Suppliers earn 1.57% a year, and variable-rate borrowers pay 3.87%. The rate follows utilization: up to 90% the borrow rate rises gently from 0.00% to 7.50%, and above that it climbs steeply to 47.50% when everything is lent out. At 45.5% now, the pool is below that point. Aave keeps 10% of the interest as its reserve factor.

EURC cannot be used as collateral on this market. The best EURC supply rate elsewhere on Aave is 2.97% on Avalanche. The cheapest place to borrow it is the Arc Main spoke (V4) at 2.15%. Compare EURC rates on every Aave market.

Among the 5 Aave markets with at least $1M of EURC supplied, this one pays the 4th highest supply rate. Its borrow rate is the 5th lowest of the 7 markets with at least $250K of EURC to lend. A week ago suppliers earned 2.23% and borrowers paid 4.63%, with 54.3% of the pool lent out. Over the past 30 days, the supply rate ranged from 1.20% to 2.75%, and the borrow rate from 3.38% to 5.14% (one reading a day).