Aave Tracker

WETH on Aave Ethereum Core

Live Wrapped Ether (WETH) 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

1.43%

earned by suppliers

Borrow APY, variable

2.04%

paid by borrowers

Total supplied

$4.69B

2.10M WETH

Total borrowed

$3.87B

1.73M WETH

Utilization

84.6%

share of supply that is lent out

Available to borrow

$173.6M

oracle price $2.2K

WETH supply and borrow APY history

Averages published by Aave's API

Risk settings

Can be used as collateralYes
Max loan-to-value (LTV)81.00%
Liquidation threshold84.00%
Liquidation penalty5.00%
Reserve factor15.00%
Flash loansEnabled
Supply cap used2.10M of 2.20M WETH (95.5%)
Borrow cap used1.73M of 1.81M WETH (95.7%)

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

Contracts

WETH token0xC02a…6Cc2
aToken (aEthWETH)0x4d5F…14E8
Variable debt token0xeA51…0fFE
Price oracle0x5424…215e
Interest rate strategy0x9ec6…FdFB
Pool0x8787…A4E2

Links open the Ethereum block explorer.

WETH utilization and interest rate curve

Utilization is 84.6% 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 2.20%. Past that point it climbs steeply, reaching 8.20% when everything is lent out. How Aave interest rates work.

E-Mode categories that include WETH

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

Category (3)Max LTVLiquidation thresholdPenaltyAs collateralBorrowable
ETH correlated93.00%95.00%1.00%YesYes
rsETH__ETH_wstETH_ETHx93.00%95.00%1.00%NoYes
weETH/wstETH ETH Correlated93.00%95.00%1.00%NoYes

About WETH on Aave Ethereum Core

Wrapped Ether (WETH) is listed on the Aave V3 Ethereum Core market on Ethereum. Lenders have supplied $4.69B (2.10M WETH) and borrowers owe $3.87B, so 84.6% of the pool is lent out and $173.6M is left to borrow. The supply cap is 96% used.

Suppliers earn 1.43% a year, and variable-rate borrowers pay 2.04%. The rate follows utilization: up to 92% the borrow rate rises gently from 0.00% to 2.20%, and above that it climbs steeply to 8.20% when everything is lent out. At 84.6% now, the pool is below that point. Aave keeps 15% of the interest as its reserve factor.

WETH counts as collateral here: you can borrow up to 81% of its value, and a loan is liquidated once it reaches 84%, with a 5.0% penalty. In E-Mode it can back loans of up to 93%. The best WETH supply rate elsewhere on Aave is 1.70% on the Ethereum Main spoke (V4). The cheapest place to borrow it is Celo at 0.24%. Compare WETH rates on every Aave market.

Among the 14 Aave markets with at least $1M of WETH supplied, this one pays the 5th highest supply rate. Its borrow rate is the 9th lowest of the 14 markets with at least $250K of WETH to lend. A week ago suppliers earned 1.49% and borrowers paid 2.09%, with 86.5% of the pool lent out. Over the past 30 days, the supply rate ranged from 1.29% to 1.53%, and the borrow rate from 1.94% to 2.11% (one reading a day).

WETH on Aave Ethereum Core: quick answers

What is the WETH supply APY on Aave Ethereum Core?

1.43% a year right now. It is paid out of what borrowers pay and changes with every deposit, loan and repayment.

What is the WETH borrow rate on Aave Ethereum Core?

The variable borrow APY is 2.04%. It rises with utilization, now 84.6%.

Can I use WETH as collateral on Aave Ethereum Core?

Yes. You can borrow up to 81% of its value, and a loan is liquidated at 84% with a 5.0% penalty.

How much WETH can be borrowed on Aave Ethereum Core right now?

$173.6M (77.68K WETH) is available. The borrow cap is 96% used.

Where else can I supply or borrow WETH on Aave?

The best supply rate is 1.70% on the Ethereum Main spoke (V4). The cheapest borrow rate is 0.24% on Celo. Only markets with real liquidity are counted.

WETH on other Aave markets

The same asset, different rates

WETH rates on every Aave market →
Market Total supplied Supply APY Total borrowed Borrow APY Utilization
BaseWETH · $214.9M $214.9M96.14K WETH 1.43% $175.8M78.64K WETH 2.07% 81.8%
ArbitrumWETH · $213.3M $213.3M95.45K WETH 0.96% $121.6M54.39K WETH 2.00% 82.9%
Ethereum MainV4WETH · $97.45M $97.45M43.62K WETH 1.70% $4.63M2.07K WETH 2.20%base rate 91.1%
Ethereum PrimeWETH · $42.72M $42.72M19.12K WETH 1.46% $36.54M16.35K WETH 2.01% 85.5%
PolygonWETH · $32.22M $32.22M14.41K WETH 0.47% $9.51M4.25K WETH 1.90% 29.5%
AvalancheWETH.e · $22.21M $22.21M9.94K WETH.e 0.04% $2.88M1.29K WETH.e 0.36% 13.0%
OptimismWETH · $18.87M $18.87M8.45K WETH 1.12% $13.79M6.17K WETH 1.80% 73.1%
InkWETH · $10.29M $10.29M4.61K WETH 0.05% $287K128.26 WETH 2.05% 2.8%