mUSD on Aave Ethereum Core

Live MetaMask USD (mUSD) rates on the Aave V3 Ethereum Core 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

2.61%

earned by suppliers

Borrow APY, variable

4.34%

paid by borrowers

Total supplied

$27.8K

27.79K mUSD

Total borrowed

$21.0K

21.01K mUSD

Utilization

75.6%

share of supply that is lent out

Available to borrow

$6.8K

oracle price $1.0000

mUSD 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	20.00%
Flash loans	Enabled
Supply cap used	27.79K of 1.00M mUSD (2.8%)
Borrow cap used	21.01K of 900.00K mUSD (2.3%)

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

Contracts

mUSD token	0xacA9…35DA
aToken (aEthmUSD)	0xAa02…AE7b
Variable debt token	0xE35e…b98D
Price oracle	0x8adb…31dA
Interest rate strategy	0x9ec6…FdFB
Pool	0x8787…A4E2

Links open the Ethereum block explorer.

mUSD utilization and interest rate curve

Utilization is 75.6% right now. The chart shows how the rate responds as more of the supply gets borrowed.

Borrow APR Supply APR

Up to 80% utilization the borrow rate climbs gently from 0.00% to 4.50%. Past that point it climbs steeply, reaching 64.50% when everything is lent out. How Aave interest rates work.

About mUSD on Aave Ethereum Core

MetaMask USD (mUSD) is listed on the Aave V3 Ethereum Core market on Ethereum. Lenders have supplied $27.8K (27.79K mUSD) and borrowers owe $21.0K, so 75.6% of the pool is lent out and $6.8K is left to borrow. The supply cap is 3% used.

Suppliers earn 2.61% a year, and variable-rate borrowers pay 4.34%. The rate follows utilization: up to 80% the borrow rate rises gently from 0.00% to 4.50%, and above that it climbs steeply to 64.50% when everything is lent out. At 75.6% now, the pool is below that point. Aave keeps 20% of the interest as its reserve factor.

mUSD cannot be used as collateral on this market. The best MUSD supply rate elsewhere on Aave is 3.51% on Monad. The cheapest place to borrow it is Monad at 5.01%. Compare MUSD rates on every Aave market.

A week ago suppliers earned 2.68% and borrowers paid 4.41%, with 76.7% of the pool lent out. Over the past 30 days, the supply rate ranged from 2.48% to 20.95%, and the borrow rate from 4.24% to 31.20% (one reading a day).