USDC on Aave Ink

Live USDC (USDC) rates on the Aave V3 Ink market: what suppliers earn, what borrowers pay, how much is available, and the settings that decide both.

Data from Aave's API · updated 2026-09-21 07:58 UTC

Supply APY

4.27%

earned by suppliers

Borrow APY, variable

6.50%

paid by borrowers

Total supplied

$67.12M

67.13M USDC

Total borrowed

$49.45M

49.45M USDC

Utilization

73.7%

share of supply that is lent out

Available to borrow

$17.67M

oracle price $0.9999

USDC supply and borrow APY history

Daily 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	10.00%
Flash loans	Enabled
Supply cap used	67.13M of 75.00M USDC (89.5%)
Borrow cap used	49.45M of 50.00M USDC (98.9%)

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

Contracts

USDC token	0x2D27…EAEd
aToken (aInkWlUSDC)	0x70A3…c234
Variable debt token	0x305c…0B29
Price oracle	0x8999…CD89
Interest rate strategy	0xCFDA…95e9
Pool	0x2816…FEbA

Links open the Ink block explorer.

USDC interest rate curve

How the rate responds as more of the supply gets borrowed

Borrow APR Supply APR

Up to 95% utilization the borrow rate climbs gently from 6.30% to 6.30%. Past that point it climbs steeply, reaching 6.30% when everything is lent out. How Aave interest rates work.

E-Mode categories that include USDC

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

Category (2)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
sUSDe_USDe__USDT0_USDC_USDG	90.00%	92.00%	4.00%	No	Yes
USDe__USDT0_USDC_USDG	90.00%	93.00%	2.00%	No	Yes

USDC on other Aave markets

The same asset, different rates

Compare all →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum CoreUSDC · $2.38B	$2.38B2.38B USDC	3.69%	$2.21B2.21B USDC	4.44%	92.7%
ArbitrumUSDC · $183.8M	$183.8M183.79M USDC	2.83%	$153.5M153.54M USDC	3.78%	83.5%
BaseUSDC · $181.6M	$181.6M181.57M USDC	3.71%	$159.8M159.80M USDC	4.70%	88.0%
MonadUSDC · $153.3M	$153.3M153.30M USDC	4.19%	$140.5M140.51M USDC	5.11%	91.7%
Arc MainV4USDC · $124.8M	$124.8M124.86M USDC	<0.01%	$1.15M1.15M USDC	0.04%base rate	0.9%
AvalancheUSDC · $63.72M	$63.72M63.72M USDC	3.45%	$55.98M55.98M USDC	4.39%	87.9%
PolygonUSDC · $28.12M	$28.12M28.12M USDC	3.32%	$17.96M17.96M USDC	6.60%	63.9%
Ethereum MainV4USDC · $14.66M	$14.66M14.66M USDC	3.98%	$12.26M12.26M USDC	4.90%base rate	90.2%