USDe on Aave Mantle

Q: What is the USDe supply APY on Aave Mantle?

<0.01% a year right now. It is paid out of what borrowers pay and changes with every deposit, loan and repayment.

Q: What is the USDe borrow rate on Aave Mantle?

The variable borrow APY is 6.82%. It rises with utilization, now 0.0%.

Q: Can I use USDe as collateral on Aave Mantle?

No, USDe is not accepted as collateral on this market, although it can still be supplied to earn interest.

Q: How much USDe can be borrowed on Aave Mantle right now?

$9.99M (10.00M USDe) is available. The borrow cap is 0% used.

Q: 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.

Live 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 2026-11-08 04:27 UTC

Supply APY

<0.01%

earned by suppliers

Borrow APY, variable

6.82%

paid by borrowers

Total supplied

$22.81M

22.83M USDe

Total borrowed

$2.1K

2.09K USDe

Utilization

0.0%

share of supply that is lent out

Available to borrow

$9.99M

oracle price $0.9988

USDe supply and borrow APY history

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	22.83M of 80.00M USDe (28.5%)
Borrow cap used	2.09K of 10.00M USDe (0.0%)

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 0.0% 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 6.60% to 6.85%. Past that point it climbs steeply, reaching 18.85% 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

About USDe on Aave Mantle

USDe is listed on the Aave V3 Mantle market. Lenders have supplied $22.81M (22.83M USDe) and borrowers owe $2.1K, so 0.0% of the pool is lent out and $9.99M is left to borrow. The supply cap is 29% used.

Suppliers earn <0.01% a year, and variable-rate borrowers pay 6.82%. The rate follows utilization: up to 85% the borrow rate rises gently from 6.60% to 6.85%, and above that it climbs steeply to 18.85% when everything is lent out. At 0.0% now, the pool is below that point. 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.

Among the 8 Aave markets with at least $1M of USDE supplied, this one pays the 5th highest supply rate. Its borrow rate is the 2nd lowest of the 7 markets with at least $250K of USDE to lend. A week ago suppliers earned <0.01% and borrowers paid 6.82%, with 0.0% of the pool lent out. Over the past 30 days, the borrow rate held at 6.82% (one reading a day).