m.DAI on Aave Metis

Q: What is the m.DAI supply APY on Aave Metis?

<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 m.DAI borrow rate on Aave Metis?

The variable borrow APY is 5.27%. It rises with utilization, now 1.9%.

Q: Can I use m.DAI as collateral on Aave Metis?

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

Q: How much m.DAI can be borrowed on Aave Metis right now?

None. m.DAI is frozen here: no new deposits or loans, only repayments and withdrawals.

Q: Where else can I supply or borrow DAI on Aave?

The best supply rate is 4.52% on Polygon. The cheapest borrow rate is 3.89% on Avalanche. Only markets with real liquidity are counted.

❄ Frozen

Live DAI Token (m.DAI) rates on the Aave V3 Metis 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

5.27%

borrowing is off

Total supplied

$21.4K

21.37K m.DAI

Total borrowed

$397

397.24 m.DAI

Utilization

1.9%

share of supply that is lent out

Available to borrow

frozen

m.DAI 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	99.00%
Flash loans	Enabled
Supply cap used	Full: 21.37K m.DAI against a cap of 1.00, so no new deposits

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

Contracts

m.DAI token	0x4c07…6ce0
aToken (aMetmDAI)	0x85AB…DE24
Variable debt token	0x13Bd…DDbF
Price oracle	0xf577…966F
Interest rate strategy	0x2586…7F3a
Pool	0x90df…6a57

Links open the Metis block explorer.

m.DAI utilization and interest rate curve

Utilization is 1.9% 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 5.00% to 11.00%. Past that point it climbs steeply, reaching 61.00% when everything is lent out. How Aave interest rates work.

About m.DAI on Aave Metis

DAI Token (m.DAI) is listed on the Aave V3 Metis market. Lenders have supplied $21.4K (21.37K m.DAI) and borrowers owe $397, so 1.9% of the pool is lent out. m.DAI is frozen here: no new deposits or loans, only repayments and withdrawals. The supply cap is full, so no new deposits are accepted.

Suppliers earn <0.01% a year, and variable-rate borrowers pay 5.27%. The rate follows utilization: up to 80% the borrow rate rises gently from 5.00% to 11.00%, and above that it climbs steeply to 61.00% when everything is lent out. At 1.9% now, the pool is below that point. Aave keeps 99% of the interest as its reserve factor.

m.DAI cannot be used as collateral on this market. The best DAI supply rate elsewhere on Aave is 4.52% on Polygon. The cheapest place to borrow it is Avalanche at 3.89%. Compare DAI rates on every Aave market.

A week ago suppliers earned <0.01% and borrowers paid 5.27%, with 1.9% of the pool lent out. Over the past 30 days, the borrow rate held at 5.27% (one reading a day).