USDG on Aave Ethereum Core

Live Global Dollar (USDG) 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

2.49%

earned by suppliers

Borrow APY, variable

4.48%

paid by borrowers

Total supplied

$2.99M

2.99M USDG

Total borrowed

$2.10M

2.10M USDG

Utilization

70.2%

share of supply that is lent out

Available to borrow

$890K

oracle price $0.9999

USDG 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	2.99M of 30.00M USDG (10.0%)
Borrow cap used	2.10M of 24.00M USDG (8.7%)

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

Contracts

USDG token	0xe343…491D
aToken (aEthUSDG)	0x7c04…0F4F
Variable debt token	0x4f97…84A3
Price oracle	0x83D2…0CE4
Interest rate strategy	0x9ec6…FdFB
Pool	0x8787…A4E2

Links open the Ethereum block explorer.

USDG utilization and interest rate curve

Utilization is 70.2% 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 5.00%. Past that point it climbs steeply, reaching 35.00% when everything is lent out. How Aave interest rates work.

E-Mode categories that include USDG

Efficiency mode raises borrowing power between closely related assets. E-Mode explained.

Category (1)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
PT_USDG_28MAY2026__Stablecoins	93.80%	95.80%	1.50%	No	Yes

About USDG on Aave Ethereum Core

Global Dollar (USDG) is listed on the Aave V3 Ethereum Core market on Ethereum. Lenders have supplied $2.99M (2.99M USDG) and borrowers owe $2.10M, so 70.2% of the pool is lent out and $890K is left to borrow. The supply cap is 10% used.

Suppliers earn 2.49% a year, and variable-rate borrowers pay 4.48%. The rate follows utilization: up to 80% the borrow rate rises gently from 0.00% to 5.00%, and above that it climbs steeply to 35.00% when everything is lent out. At 70.2% now, the pool is below that point. Aave keeps 20% of the interest as its reserve factor.

USDG cannot be used as collateral on this market. The best USDG supply rate elsewhere on Aave is 3.19% on X Layer. The cheapest place to borrow it is the Ethereum Maple SyrupUSDG spoke (V4) at 4.07%. Compare USDG rates on every Aave market.

Among the 5 Aave markets with at least $1M of USDG supplied, this one pays the 4th highest supply rate. Its borrow rate is the 7th lowest of the 8 markets with at least $250K of USDG to lend. A week ago suppliers earned 2.31% and borrowers paid 4.31%, with 67.6% of the pool lent out. Over the past 30 days, the supply rate ranged from 1.32% to 16.97%, and the borrow rate from 3.26% to 24.02% (one reading a day).