mUSD on Aave Monad

Live MetaMask USD (mUSD) rates on the Aave V3 Monad 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

3.51%

earned by suppliers

Borrow APY, variable

5.01%

paid by borrowers

Total supplied

$40.06M

40.06M mUSD

Total borrowed

$31.36M

31.36M mUSD

Utilization

78.3%

share of supply that is lent out

Available to borrow

$8.64M

oracle price $1.0000

mUSD 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	10.00%
Flash loans	Enabled
Supply cap used	40.06M of 50.00M mUSD (80.1%)
Borrow cap used	31.36M of 40.00M mUSD (78.4%)

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

Contracts

mUSD token	0xacA9…35DA
aToken (aMonmUSD)	0xDBb2…3199
Variable debt token	0x9837…76Cd
Price oracle	0xbbb5…71A3
Interest rate strategy	0x1f6F…8211
Pool	0x69a5…2fef

Links open the Monad block explorer.

mUSD utilization and interest rate curve

Utilization is 78.3% 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 0.00% to 5.00%. Past that point it climbs steeply, reaching 45.00% when everything is lent out. How Aave interest rates work.

E-Mode categories that include mUSD

Efficiency mode raises borrowing power between closely related assets. E-Mode explained.

Category (2)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
syrupUSDC__Stablecoins	90.00%	92.00%	4.00%	No	Yes
PT_AUSD_17DEC2026__Stablecoins	93.00%	95.00%	2.34%	No	Yes

About mUSD on Aave Monad

MetaMask USD (mUSD) is listed on the Aave V3 Monad market. Lenders have supplied $40.06M (40.06M mUSD) and borrowers owe $31.36M, so 78.3% of the pool is lent out and $8.64M is left to borrow. The supply cap is 80% used.

Suppliers earn 3.51% a year, and variable-rate borrowers pay 5.01%. The rate follows utilization: up to 80% the borrow rate rises gently from 0.00% to 5.00%, and above that it climbs steeply to 45.00% when everything is lent out. At 78.3% now, the pool is below that point. Aave keeps 10% of the interest as its reserve factor.

mUSD cannot be used as collateral on this market. Compare MUSD rates on every Aave market.

A week ago suppliers earned 2.80% and borrowers paid 4.48%, with 70.1% of the pool lent out. Over the past 30 days, the supply rate ranged from 2.80% to 41.88%, and the borrow rate from 4.48% to 49.01% (one reading a day).