m.USDT on Aave Metis

Q: What is the m.USDT 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.USDT borrow rate on Aave Metis?

The variable borrow APY is 5.25%. It rises with utilization, now 1.8%.

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

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

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

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

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

The best supply rate is 4.68% on the Ethereum Bluechip spoke (V4). The cheapest borrow rate is 1.84% on Celo. Only markets with real liquidity are counted.

❄ Frozen

Live USDT Token (m.USDT) 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

5.25%

paid by borrowers

Total supplied

$81.7K

81.84K m.USDT

Total borrowed

$1.5K

1.46K m.USDT

Utilization

1.8%

share of supply that is lent out

Available to borrow

frozen

m.USDT 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: 81.84K m.USDT against a cap of 1.00, so no new deposits
Borrow cap used	Full: 1.46K m.USDT 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.USDT token	0xbB06…F4dC
aToken (aMetmUSDT)	0xd9fa…07b9
Variable debt token	0x6B45…54e5
Price oracle	0x4336…37dE
Interest rate strategy	0x2586…7F3a
Pool	0x90df…6a57

Links open the Metis block explorer.

m.USDT utilization and interest rate curve

Utilization is 1.8% 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.USDT on Aave Metis

USDT Token (m.USDT) is listed on the Aave V3 Metis market. Lenders have supplied $81.7K (81.84K m.USDT) and borrowers owe $1.5K, so 1.8% of the pool is lent out. m.USDT 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 5.25%. 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 1.8% now, the pool is below that point. Aave keeps 99% of the interest as its reserve factor.

m.USDT cannot be used as collateral on this market. The best USDT supply rate elsewhere on Aave is 4.68% on the Ethereum Bluechip spoke (V4). The cheapest place to borrow it is Celo at 1.84%. Compare USDT rates on every Aave market.

A week ago suppliers earned <0.01% and borrowers paid 5.25%, with 1.8% of the pool lent out. Over the past 30 days, the borrow rate held at 5.25% (one reading a day).