USDT on Aave Ethereum Core
Live Tether USD (USDT) 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
Supply APY
3.86%
earned by suppliers
Borrow APY, variable
4.59%
paid by borrowers
Total supplied
$2.57B
2.58B USDT
Total borrowed
$2.41B
2.41B USDT
Utilization
93.7%
share of supply that is lent out
Available to borrow
$146.1M
oracle price $0.9988
Exact USDT borrow-cost history since February 2023
This asset is tracked from Aave's interest index, so its daily averages include the short spikes that ordinary rate charts miss.
USDT supply and borrow APY history
Averages published by Aave's API
Borrow APY Supply APY
| Day | Supply APY | Borrow APY |
|---|
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 | 2.58B of 3.48B USDT (74.0%) |
| Borrow cap used | 2.41B of 2.56B USDT (94.3%) |
New to these terms? Read health factor explained and supply and borrow caps.
Contracts
| USDT token | 0xdAC1…1ec7 |
|---|---|
| aToken (aEthUSDT) | 0x2387…086a |
| Variable debt token | 0x6df1…45A8 |
| Price oracle | 0x2603…e19C |
| Interest rate strategy | 0x9ec6…FdFB |
| Pool | 0x8787…A4E2 |
Links open the Ethereum block explorer.
USDT utilization rate history
Recorded once a day by Aave Tracker
USDT utilization and interest rate curve
Utilization is 93.7% right now. The chart shows how the rate responds as more of the supply gets borrowed.
Borrow APR Supply APR
Up to 94% utilization the borrow rate climbs gently from 0.00% to 4.50%. Past that point it climbs steeply, reaching 14.50% when everything is lent out. How Aave interest rates work.
E-Mode categories that include USDT
Efficiency mode raises borrowing power between closely related assets. E-Mode explained.
| Category (26) | Max LTV | Liquidation threshold |
|---|---|---|
| sUSDe Stablecoins | 90.00% | 92.00% |
| PT-sUSDe Stablecoins Jul 2025 | 90.00% | 92.00% |
| PT-eUSDe Stablecoins May 2025 | 91.00% | 93.00% |
| PT-USDe Stablecoins July 2025 | 91.00% | 93.00% |
| USDe Stablecoin | 90.00% | 93.00% |
| PT-eUSDe Stablecoins August 2025 | 91.00% | 93.00% |
| eUSDe_Stablecoin | 90.00% | 93.00% |
| PT-sUSDe Stablecoins September 2025 | 90.00% | 92.00% |
| PT-USDe Stablecoins September 2025 | 91.00% | 93.00% |
| tETH/Stablecoins | 72.00% | 75.00% |
| ezETH/Stablecoins | 75.00% | 78.00% |
| PT-sUSDe Stablecoins Nov 2025 | 90.00% | 92.00% |
| PT-USDe Stablecoins Nov 2025 | 91.00% | 93.00% |
| PTUSDe5FEB/Stablecoins | 91.00% | 93.00% |
| PTsUSDe5FEB/Stablecoins | 90.00% | 92.00% |
| syrupUSDT Stablecoins | 90.00% | 92.00% |
| PT_USDe_7MAY2026__Stablecoins | 91.00% | 93.00% |
| PT_sUSDe_7MAY2026__Stablecoins | 90.00% | 92.00% |
| PT_srUSDe_2APR2026_sUSDe__USDT_USDe_USDC | 90.00% | 92.00% |
| LINK__USDC_USDT | 66.00% | 71.00% |
| EURC__USDC_USDT_GHO | 75.00% | 78.00% |
| rsETH__USDC_USDT | 75.00% | 78.00% |
| XAUt__USDC_USDT_GHO | 70.00% | 75.00% |
| PT_srUSDe_25JUN2026__Stablecoins | 90.00% | 92.00% |
| PT_USDG_28MAY2026__Stablecoins | 93.80% | 95.80% |
| PT-srUSDe Stablecoins | 90.00% | 92.00% |
About USDT on Aave Ethereum Core
Tether USD (USDT) is listed on the Aave V3 Ethereum Core market on Ethereum. Lenders have supplied $2.57B (2.58B USDT) and borrowers owe $2.41B, so 93.7% of the pool is lent out and $146.1M is left to borrow. The supply cap is 74% used.
Suppliers earn 3.86% a year, and variable-rate borrowers pay 4.59%. The rate follows utilization: up to 94% the borrow rate rises gently from 0.00% to 4.50%, and above that it climbs steeply to 14.50% when everything is lent out. At 93.7% now, the pool is below that point. Aave keeps 10% of the interest as its reserve factor.
USDT cannot be used as collateral on this market. The best USDT supply rate elsewhere on Aave is 4.68% on the Ethereum Bluechip spoke (V4). The cheapest place to borrow it is Celo at 1.84%. Compare USDT rates on every Aave market.
Among the 17 Aave markets with at least $1M of USDT supplied, this one pays the 5th highest supply rate. Its borrow rate is the 13th lowest of the 17 markets with at least $250K of USDT to lend. A week ago suppliers earned 4.14% and borrowers paid 4.90%, with 94.2% of the pool lent out. Over the past 30 days, the supply rate ranged from 3.13% to 6.63%, and the borrow rate from 4.13% to 7.74% (one reading a day).
USDT on Aave Ethereum Core: quick answers
What is the USDT supply APY on Aave Ethereum Core?
3.86% a year right now. It is paid out of what borrowers pay and changes with every deposit, loan and repayment.
What is the USDT borrow rate on Aave Ethereum Core?
The variable borrow APY is 4.59%. It rises with utilization, now 93.7%. The exact daily history of what borrowers really paid is on the USDT borrow rate tracker.
Can I use USDT as collateral on Aave Ethereum Core?
No, USDT is not accepted as collateral on this market, although it can still be supplied to earn interest.
How much USDT can be borrowed on Aave Ethereum Core right now?
$146.1M (146.28M USDT) is available. The borrow cap is 94% used.
Where else can I supply or borrow USDT on Aave?
The best supply rate is 4.68% on the Ethereum Bluechip spoke (V4). The cheapest borrow rate is 1.84% on Celo. Only markets with real liquidity are counted.
USDT on other Aave markets
The same asset, different rates
| Market | Supply APY | Borrow APY |
|---|---|---|
| PlasmaUSDT0 · $709.2M | 4.15% | 4.66% |
| MantleUSDT0 · $154.1M | 3.11% | 3.96% |
| Avalanche MainV4USDT · $92.19M | 2.68% | 3.70%base rate |
| MonadUSDT0 · $68.59M | 4.16% | 5.09% |
| BNB ChainUSDT · $61.20M | 3.42% | 4.42% |
| ArbitrumUSD₮0 · $43.73M | 3.57% | 4.52% |
| X LayerUSD₮0 · $37.30M | 2.92% | 4.08% |
| PolygonUSDT0 · $31.46M | 3.67% | 7.18% |
