USDS on Aave Ethereum Prime

❄ Frozen

Live USDS Stablecoin (USDS) 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

2.12%

earned by suppliers

Borrow APY, variable

5.50%

paid by borrowers

Total supplied

$54.1K

54.12K USDS

Total borrowed

$42.5K

42.51K USDS

Utilization

78.5%

share of supply that is lent out

Available to borrow

frozen

USDS 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	50.00%
Flash loans	Enabled
Supply cap used	Full: 54.12K USDS against a cap of 1.00, so no new deposits
Borrow cap used	Full: 42.51K USDS against a cap of 1.00, so no new loans

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

Contracts

USDS token	0xdC03…384F
aToken (aEthLidoUSDS)	0x09AA…4781
Variable debt token	0x2D9f…901E
Price oracle	0x94C7…6B02
Interest rate strategy	0x8958…f2fa
Pool	0x4e03…58B1

Links open the Ethereum block explorer.

USDS utilization and interest rate curve

Utilization is 78.5% 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 4.50% to 5.50%. Past that point it climbs steeply, reaching 40.50% when everything is lent out. How Aave interest rates work.

About USDS on Aave Ethereum Prime

USDS Stablecoin (USDS) is listed on the Aave V3 Ethereum Prime market on Ethereum. Lenders have supplied $54.1K (54.12K USDS) and borrowers owe $42.5K, so 78.5% of the pool is lent out. USDS is frozen here: no new deposits or loans, only repayments and withdrawals. The supply cap is full, so no new deposits are accepted.

Suppliers earn 2.12% a year, and variable-rate borrowers pay 5.50%. The rate follows utilization: up to 92% the borrow rate rises gently from 4.50% to 5.50%, and above that it climbs steeply to 40.50% when everything is lent out. At 78.5% now, the pool is below that point. Aave keeps 50% of the interest as its reserve factor.

USDS cannot be used as collateral on this market. The best USDS supply rate elsewhere on Aave is 0.21% on Ethereum Core. The cheapest place to borrow it is Ethereum Core at 5.70%. Compare USDS rates on every Aave market.

A week ago suppliers earned 2.12% and borrowers paid 5.50%, with 78.5% of the pool lent out. Over the past 30 days, the supply rate held at 2.12%, and the borrow rate held at 5.50% (one reading a day).