USDC on Aave Monad

Live USDC (USDC) 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 2026-09-21 08:45 UTC

Supply APY

3.77%

earned by suppliers

Borrow APY, variable

4.84%

paid by borrowers

Total supplied

$163.9M

163.90M USDC

Total borrowed

$142.6M

142.61M USDC

Utilization

87.0%

share of supply that is lent out

Available to borrow

$21.28M

oracle price $0.9999

USDC supply and borrow APY history

Daily averages published by Aave's API

Risk settings

Can be used as collateral	Yes
Max loan-to-value (LTV)	75.00%
Liquidation threshold	78.00%
Liquidation penalty	7.50%
Reserve factor	10.00%
Flash loans	Enabled
Supply cap used	163.90M of 250.00M USDC (65.6%)
Borrow cap used	142.61M of 225.00M USDC (63.4%)

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

Contracts

USDC token	0x7547…b603
aToken (aMonUSDC)	0x35a7…6042
Variable debt token	0x9F55…c4e4
Price oracle	0x7879…F0D9
Interest rate strategy	0x1f6F…8211
Pool	0x69a5…2fef

Links open the Monad block explorer.

USDC utilization and interest rate curve

Utilization is 87.0% right now. The chart shows how the rate responds as more of the supply gets borrowed.

Borrow APR Supply APR

Up to 92% utilization the borrow rate climbs gently from 0.00% to 5.00%. Past that point it climbs steeply, reaching 25.00% when everything is lent out. How Aave interest rates work.

E-Mode categories that include USDC

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

Category (3)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
syrupUSDC__Stablecoins	90.00%	92.00%	4.00%	No	Yes
USDe_sUSDe__Stablecoins	90.00%	92.00%	4.00%	No	Yes
PT_Agora__Stablecoins	93.00%	95.00%	2.44%	No	Yes

USDC on other Aave markets

The same asset, different rates

Compare all →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum CoreUSDC · $2.38B	$2.38B2.38B USDC	3.65%	$2.20B2.20B USDC	4.42%	92.3%
BaseUSDC · $181.8M	$181.8M181.84M USDC	3.70%	$159.8M159.80M USDC	4.70%	87.9%
ArbitrumUSDC · $180.9M	$180.9M180.94M USDC	2.94%	$153.9M153.91M USDC	3.85%	85.1%
Arc MainV4USDC · $124.8M	$124.8M124.86M USDC	<0.01%	$1.16M1.16M USDC	0.04%base rate	0.9%
InkUSDC · $67.09M	$67.09M67.09M USDC	4.27%	$49.45M49.45M USDC	6.50%	73.7%
AvalancheUSDC · $63.62M	$63.62M63.63M USDC	3.46%	$55.98M55.98M USDC	4.40%	88.0%
PolygonUSDC · $28.12M	$28.12M28.12M USDC	3.32%	$17.96M17.96M USDC	6.60%	63.9%
Ethereum MainV4USDC · $14.66M	$14.66M14.66M USDC	5.00%	$12.31M12.31M USDC	6.00%base rate	92.5%