OP on Aave Optimism
Live Optimism (OP) rates on the Aave V3 Optimism market: what suppliers earn, what borrowers pay, how much is available, and the settings that decide both.
Data from Aave's API · updated
Supply APY
0.06%
earned by suppliers
Borrow APY, variable
1.10%
borrowing is off
Total supplied
$373K
3.69M OP
Total borrowed
$26.3K
260.72K OP
Utilization
7.1%
share of supply that is lent out
Available to borrow
$0
borrowing is off
OP supply and borrow APY history
Averages published by Aave's API
Borrow APY Supply APY
| Day | Supply APY | Borrow APY |
|---|
Risk settings
| Can be used as collateral | No |
|---|---|
| Max loan-to-value (LTV) | – |
| Liquidation threshold | – |
| Liquidation penalty | – |
| Reserve factor | 20.00% |
| Flash loans | Enabled |
| Supply cap used | 3.69M of 6.50M OP (56.8%) |
New to these terms? Read health factor explained and supply and borrow caps.
Contracts
| OP token | 0x4200…0042 |
|---|---|
| aToken (aOptOP) | 0x513c…8FFf |
| Variable debt token | 0x77CA…64dc |
| Price oracle | 0x0D27…9246 |
| Interest rate strategy | 0x9359…bed1 |
| Pool | 0x794a…14aD |
Links open the Optimism block explorer.
OP utilization rate history
Recorded once a day by Aave Tracker
OP utilization and interest rate curve
Utilization is 7.1% right now. The chart shows how the rate responds as more of the supply gets borrowed.
Borrow APR Supply APR
Up to 45% utilization the borrow rate climbs gently from 0.00% to 7.00%. Past that point it climbs steeply, reaching 307.00% when everything is lent out. How Aave interest rates work.
About OP on Aave Optimism
Optimism (OP) is listed on the Aave V3 Optimism market. Lenders have supplied $373K (3.69M OP) and borrowers owe $26.3K, so 7.1% of the pool is lent out. Borrowing OP is switched off here, so existing loans can only be repaid. The supply cap is 57% used.
Suppliers earn 0.06% a year, and variable-rate borrowers pay 1.10%. The rate follows utilization: up to 45% the borrow rate rises gently from 0.00% to 7.00%, and above that it climbs steeply to 307.00% when everything is lent out. At 7.1% now, the pool is below that point. Aave keeps 20% of the interest as its reserve factor.
OP cannot be used as collateral on this market.
A week ago suppliers earned 0.06% and borrowers paid 1.11%, with 7.1% of the pool lent out. Over the past 30 days, the supply rate held at 0.06%, and the borrow rate ranged from 1.10% to 1.11% (one reading a day).
OP on Aave Optimism: quick answers
What is the OP supply APY on Aave Optimism?
0.06% a year right now. It is paid out of what borrowers pay and changes with every deposit, loan and repayment.
What is the OP borrow rate on Aave Optimism?
The variable borrow APY is 1.10%. It rises with utilization, now 7.1%.
Can I use OP as collateral on Aave Optimism?
No, OP is not accepted as collateral on this market, although it can still be supplied to earn interest.
How much OP can be borrowed on Aave Optimism right now?
None. Borrowing OP is switched off here, so existing loans can only be repaid.