WETH on Aave Ink
Live Wrapped Ether (WETH) 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
0.05%
earned by suppliers
Borrow APY, variable
2.05%
borrowing is off
Total supplied
$10.29M
4.61K WETH
Total borrowed
$287K
128.26 WETH
Utilization
2.8%
share of supply that is lent out
Available to borrow
$0
borrowing is off
WETH 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 | 15.00% |
| Flash loans | Enabled |
| Supply cap used | 4.61K of 13.50K WETH (34.1%) |
New to these terms? Read health factor explained and supply and borrow caps.
Contracts
| WETH token | 0x4200…0006 |
|---|---|
| aToken (aInkWlWETH) | 0x2B35…6EF9 |
| Variable debt token | 0xc145…c9E4 |
| Price oracle | 0xcc2c…86ef |
| Interest rate strategy | 0xCFDA…95e9 |
| Pool | 0x2816…FEbA |
Links open the Ink block explorer.
WETH utilization rate history
Recorded once a day by Aave Tracker
WETH utilization and interest rate curve
Utilization is 2.8% right now. The chart shows how the rate responds as more of the supply gets borrowed.
Borrow APR Supply APR
Up to 90% utilization the borrow rate climbs gently from 2.00% to 3.00%. Past that point it climbs steeply, reaching 4.00% 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 (1) | Max LTV | Liquidation threshold |
|---|---|---|
| LRT Main | 93.00% | 95.00% |
About WETH on Aave Ink
Wrapped Ether (WETH) is listed on the Aave V3 Ink market. Lenders have supplied $10.29M (4.61K WETH) and borrowers owe $287K, so 2.8% of the pool is lent out. Borrowing WETH is switched off here, so existing loans can only be repaid. The supply cap is 34% used.
Suppliers earn 0.05% a year, and variable-rate borrowers pay 2.05%. The rate follows utilization: up to 90% the borrow rate rises gently from 2.00% to 3.00%, and above that it climbs steeply to 4.00% when everything is lent out. At 2.8% now, the pool is below that point. Aave keeps 15% of the interest as its reserve factor.
WETH cannot be used as collateral on this market. 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 10th highest supply rate. A week ago suppliers earned 0.05% and borrowers paid 2.05%, with 2.7% of the pool lent out. Over the past 30 days, the supply rate held at 0.05%, and the borrow rate held at 2.05% (one reading a day).
WETH on Aave Ink: quick answers
What is the WETH supply APY on Aave Ink?
0.05% 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 Ink?
The variable borrow APY is 2.05%. It rises with utilization, now 2.8%.
Can I use WETH as collateral on Aave Ink?
No, WETH is not accepted as collateral on this market, although it can still be supplied to earn interest.
How much WETH can be borrowed on Aave Ink right now?
None. Borrowing WETH is switched off here, so existing loans can only be repaid.
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
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum CoreWETH · $4.69B | 1.43% | 2.04% |
| BaseWETH · $214.9M | 1.43% | 2.07% |
| ArbitrumWETH · $213.3M | 0.96% | 2.00% |
| Ethereum MainV4WETH · $97.45M | 1.70% | 2.20%base rate |
| Ethereum PrimeWETH · $42.72M | 1.46% | 2.01% |
| PolygonWETH · $32.22M | 0.47% | 1.90% |
| AvalancheWETH.e · $22.21M | 0.04% | 0.36% |
| OptimismWETH · $18.87M | 1.12% | 1.80% |