USDC on Aave Ethereum Prime

Live USD Coin (USDC) rates on the Aave V3 Ethereum Prime 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

3.20%

earned by suppliers

Borrow APY, variable

4.68%

paid by borrowers

Total supplied

$5.67M

5.67M USDC

Total borrowed

$4.34M

4.34M USDC

Utilization

76.5%

share of supply that is lent out

Available to borrow

$1.33M

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	5.67M of 25.00M USDC (22.7%)
Borrow cap used	4.34M of 22.50M USDC (19.3%)

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

Contracts

USDC token	0xA0b8…eB48
aToken (aEthLidoUSDC)	0x2A1F…79b8
Variable debt token	0xeD90…dc9F
Price oracle	0x3f73…095B
Interest rate strategy	0x8958…f2fa
Pool	0x4e03…58B1

Links open the Ethereum block explorer.

USDC utilization and interest rate curve

Utilization is 76.5% right now. The chart shows how the rate responds as more of the supply gets borrowed.

Borrow APR Supply APR

Up to 92% utilization the borrow rate climbs gently from 0.00% to 5.50%. Past that point it climbs steeply, reaching 40.50% 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 (3)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
LRT Stablecoins main	75.00%	78.00%	7.50%	No	Yes
sUSDe Stablecoins	90.00%	92.00%	4.00%	No	Yes
rsETH/Stablecoins	72.00%	75.00%	7.50%	No	Yes

About USDC on Aave Ethereum Prime

USD Coin (USDC) is listed on the Aave V3 Ethereum Prime market on Ethereum. Lenders have supplied $5.67M (5.67M USDC) and borrowers owe $4.34M, so 76.5% of the pool is lent out and $1.33M is left to borrow. The supply cap is 23% used.

Suppliers earn 3.20% a year, and variable-rate borrowers pay 4.68%. The rate follows utilization: up to 92% the borrow rate rises gently from 0.00% to 5.50%, and above that it climbs steeply to 40.50% when everything is lent out. At 76.5% now, the pool is below that point. 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 16th highest supply rate. Its borrow rate is the 14th lowest of the 25 markets with at least $250K of USDC to lend. A week ago suppliers earned 3.29% and borrowers paid 4.75%, with 77.6% of the pool lent out. Over the past 30 days, the supply rate ranged from 2.43% to 3.36%, and the borrow rate from 4.08% to 4.79% (one reading a day).