USDe on Aave Mantle

Live USDe (USDe) rates on the Aave V3 Mantle 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

<0.01%

earned by suppliers

Borrow APY, variable

6.50%

paid by borrowers

Total supplied

$27.37M

27.38M USDe

Total borrowed

$20.2K

20.25K USDe

Utilization

0.1%

share of supply that is lent out

Available to borrow

$27.35M

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	27.38M of 40.00M USDe (68.5%)
Borrow cap used	20.25K of 18.00M USDe (0.1%)

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

Contracts

USDe token	0x5d3a…ef34
aToken (aManUSDe)	0xb9aC…5ee7
Variable debt token	0x0169…807c
Price oracle	0xFA5d…69Ee
Interest rate strategy	0x0a21…E54a
Pool	0x458F…1422

Links open the Mantle block explorer.

USDe utilization and interest rate curve

Utilization is 0.1% right now. The chart shows how the rate responds as more of the supply gets borrowed.

Borrow APR Supply APR

Up to 85% utilization the borrow rate climbs gently from 6.30% to 6.55%. Past that point it climbs steeply, reaching 18.55% 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 Stablecoins	90.00%	92.00%	4.00%	Yes	No
USDe Stablecoins	90.00%	93.00%	2.00%	Yes	No
fBTC Stablecoins	75.00%	79.00%	8.00%	No	Yes

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%
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%
InkUSDe · $28.0K	$28.0K28.00K USDe	1.43%	$17.3K17.26K USDe	3.13%	61.6%
AvalancheUSDe · $4.6K	$4.6K4.57K USDe	6.15%	$3.7K3.71K USDe	10.28%	81.3%