m.USDC on Aave Metis

❄ Frozen

Live USDC Token (m.USDC) 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

0.02%

earned by suppliers

Borrow APY, variable

7.09%

paid by borrowers

Total supplied

$73.5K

73.51K m.USDC

Total borrowed

$20.4K

20.43K m.USDC

Utilization

27.8%

share of supply that is lent out

Available to borrow

frozen

m.USDC 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
Isolation mode debt ceiling	$0 of $0
Supply cap used	Full: 73.51K m.USDC against a cap of 1.00, so no new deposits
Borrow cap used	Full: 20.43K m.USDC against a cap of 1.00, so no new loans

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

Contracts

m.USDC token	0xEA32…1a21
aToken (aMetmUSDC)	0x885C…bf27
Variable debt token	0x5711…1380
Price oracle	0x0b9c…BC56
Interest rate strategy	0x2586…7F3a
Pool	0x90df…6a57

Links open the Metis block explorer.

m.USDC utilization and interest rate curve

Utilization is 27.8% 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 5.00% to 11.00%. Past that point it climbs steeply, reaching 51.00% when everything is lent out. How Aave interest rates work.

About m.USDC on Aave Metis

USDC Token (m.USDC) is listed on the Aave V3 Metis market. Lenders have supplied $73.5K (73.51K m.USDC) and borrowers owe $20.4K, so 27.8% of the pool is lent out. m.USDC 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 0.02% a year, and variable-rate borrowers pay 7.09%. The rate follows utilization: up to 90% the borrow rate rises gently from 5.00% to 11.00%, and above that it climbs steeply to 51.00% when everything is lent out. At 27.8% now, the pool is below that point. Aave keeps 99% of the interest as its reserve factor.

m.USDC cannot be used as collateral on this market. The best USDC supply rate elsewhere on Aave is 9.47% on Linea. The cheapest place to borrow it is the Arc Main spoke (V4) at 3.42%. Compare USDC rates on every Aave market.

A week ago suppliers earned 0.02% and borrowers paid 7.09%, with 27.8% of the pool lent out. Over the past 30 days, the supply rate held at 0.02%, and the borrow rate held at 7.09% (one reading a day).