USDC on Aave Base

Live USD Coin (USDC) rates on the Aave V3 Base 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

3.70%

earned by suppliers

Borrow APY, variable

4.70%

paid by borrowers

Total supplied

$181.8M

181.86M USDC

Total borrowed

$159.8M

159.80M USDC

Utilization

87.9%

share of supply that is lent out

Available to borrow

$22.06M

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	181.86M of 230.00M USDC (79.1%)
Borrow cap used	159.80M of 207.00M USDC (77.2%)

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

Contracts

USDC token	0x8335…2913
aToken (aBasUSDC)	0x4e65…c0AB
Variable debt token	0x59dc…4C28
Price oracle	0xf52D…5D86
Interest rate strategy	0x86AB…bDC5
Pool	0xA238…d1c5

Links open the Base block explorer.

USDC utilization and interest rate curve

Utilization is 87.9% 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 4.70%. Past that point it climbs steeply, reaching 14.70% 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 (8)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
ezETH Stablecoins	72.00%	75.00%	7.50%	No	Yes
rsETH/USDC	72.00%	75.00%	7.50%	No	Yes
cbBTC Stablecoins	80.00%	83.00%	4.00%	No	Yes
SyrupUSDC__USDC_GHO	90.00%	92.00%	4.00%	No	Yes
AAVE__USDC_GHO	63.00%	70.00%	10.00%	No	Yes
EURC__USDC_GHO	75.00%	78.00%	5.00%	No	Yes
LBTC__USDC_GHO	75.00%	78.00%	5.00%	No	Yes
tBTC__USDC_GHO	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%
ArbitrumUSDC · $181.2M	$181.2M181.19M USDC	2.93%	$153.9M153.89M USDC	3.85%	84.9%
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%