USDe on Aave Ink
Live 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
Supply APY
9.55%
earned by suppliers
Borrow APY, variable
13.70%
borrowing is off
Total supplied
$5.8K
5.77K USDe
Total borrowed
$5.5K
5.47K USDe
Utilization
94.7%
share of supply that is lent out
Available to borrow
$0
borrowing is off
USDe 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 | 25.00% |
| Flash loans | Enabled |
| Supply cap used | 5.77K of 5.00M USDe (0.1%) |
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 rate history
Recorded once a day by Aave Tracker
USDe utilization and interest rate curve
Utilization is 94.7% 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 |
|---|---|---|
| sUSDe_USDe__USDT0_USDC_USDG | 90.00% | 92.00% |
| USDe__USDT0_USDC_USDG | 90.00% | 93.00% |
| sUSDe_USDe__USDT0_USDG | 90.00% | 92.00% |
About USDe on Aave Ink
USDe is listed on the Aave V3 Ink market. Lenders have supplied $5.8K (5.77K USDe) and borrowers owe $5.5K, so 94.7% of the pool is lent out. Borrowing USDe is switched off here, so existing loans can only be repaid. The supply cap is 0% used.
Suppliers earn 9.55% a year, and variable-rate borrowers pay 13.70%. The rate follows utilization: up to 80% the borrow rate rises gently from 0.00% to 4.00%, and above that it climbs steeply to 16.00% when everything is lent out. At 94.7% now, the pool is above that point, so the rate can jump quickly if more is borrowed. Aave keeps 25% of the interest as its reserve factor.
USDe cannot be used as collateral on this market. The best USDE supply rate elsewhere on Aave is 0.27% on Plasma. The cheapest place to borrow it is X Layer at 6.50%. Compare USDE rates on every Aave market.
A week ago suppliers earned 8.67% and borrowers paid 12.64%, with 93.2% of the pool lent out. Over the past 30 days, the supply rate ranged from 0.77% to 12.75%, and the borrow rate from 2.28% to 17.35% (one reading a day).
USDe on Aave Ink: quick answers
What is the USDe supply APY on Aave Ink?
9.55% a year right now. It is paid out of what borrowers pay and changes with every deposit, loan and repayment.
What is the USDe borrow rate on Aave Ink?
The variable borrow APY is 13.70%. It rises with utilization, now 94.7%.
Can I use USDe as collateral on Aave Ink?
No, USDe is not accepted as collateral on this market, although it can still be supplied to earn interest.
How much USDe can be borrowed on Aave Ink right now?
None. Borrowing USDe is switched off here, so existing loans can only be repaid.
Where else can I supply or borrow USDE on Aave?
The best supply rate is 0.27% on Plasma. The cheapest borrow rate is 6.50% on X Layer. Only markets with real liquidity are counted.
USDe on other Aave markets
The same asset, different rates
| Market | Supply APY | Borrow APY |
|---|---|---|
| PlasmaUSDe · $583.5M | 0.27% | 7.27% |
| Ethereum CoreUSDe · $549.3M | 0.12% | 7.26% |
| MonadUSDe · $124.9M | <0.01% | 7.25% |
| Avalanche Ethena EcosystemV4USDe · $68.04M | 0.00% | not borrowable– |
| Ethereum RLUSD YieldV4USDe · $49.95M | 0.00% | not borrowable– |
| Ethereum Ethena EcosystemV4USDe · $29.68M | <0.01% | 7.25%base rate |
| X LayerUSDe · $26.06M | 0.00% | 6.50% |
| MantleUSDe · $22.81M | <0.01% | 6.82% |