USDe on Aave Ink

Live USDe (USDe) 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 08:51 UTC

Supply APY

1.43%

earned by suppliers

Borrow APY, variable

3.13%

borrowing is off

Total supplied

$28.0K

28.00K USDe

Total borrowed

$17.3K

17.26K USDe

Utilization

61.6%

share of supply that is lent out

Available to borrow

$10.7K

oracle price $0.9997

USDe 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	25.00%
Flash loans	Enabled
Supply cap used	28.00K of 5.00M USDe (0.6%)

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

Contracts

USDe token	0x5d3a…ef34
aToken (aInkWlUSDe)	0x726D…7BB7
Variable debt token	0x52D5…d814
Price oracle	0x00F5…e244
Interest rate strategy	0xCFDA…95e9
Pool	0x2816…FEbA

Links open the Ink block explorer.

USDe utilization and interest rate curve

Utilization is 61.6% 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 4.00%. Past that point it climbs steeply, reaching 16.00% when everything is lent out. How Aave interest rates work.

E-Mode categories that include USDe

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

Category (3)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
sUSDe_USDe__USDT0_USDC_USDG	90.00%	92.00%	4.00%	Yes	No
USDe__USDT0_USDC_USDG	90.00%	93.00%	2.00%	Yes	No
sUSDe_USDe__USDT0_USDG	90.00%	92.00%	4.00%	Yes	No

USDe on other Aave markets

The same asset, different rates

Compare all →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum CoreUSDe · $599.7M	$599.7M599.84M USDe	0.64%	$79.98M80.00M USDe	6.54%	13.3%
PlasmaUSDe · $549.8M	$549.8M550.01M USDe	0.40%	$45.75M45.76M USDe	6.53%	8.3%
MonadUSDe · $73.02M	$73.02M73.04M USDe	0.17%	$2.66M2.66M USDe	6.51%	3.6%
MantleUSDe · $27.37M	$27.37M27.38M USDe	<0.01%	$20.2K20.25K USDe	6.50%	0.1%
Ethereum Ethena EcosystemV4USDe · $15.00M	$15.00M15.00M USDe	0.10%	$319K319.04K USDe	6.31%base rate	2.1%
Ethereum Ethena CorrelatedV4USDe · $75.3K	$75.3K75.27K USDe	0.10%	$67.0067.31 USDe	6.31%base rate	2.1%
MegaETHUSDe · $66.4K	$66.4K66.38K USDe	0.92%	$33.7K33.76K USDe	2.42%	50.9%
AvalancheUSDe · $4.6K	$4.6K4.57K USDe	6.15%	$3.7K3.71K USDe	10.28%	81.3%