USDC on Aave Optimism

❄ Frozen

Live USD Coin (USDC.e) 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 2026-11-08 04:27 UTC

Supply APY

0.20%

earned by suppliers

Borrow APY, variable

3.05%

borrowing is off

Total supplied

$1.07M

1.07M USDC

Total borrowed

$291K

290.60K USDC

Utilization

27.1%

share of supply that is lent out

Available to borrow

frozen

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	75.00%
Flash loans	Enabled
Supply cap used	Full: 1.07M USDC against a cap of 1.00, so no new deposits

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

Contracts

USDC token	0x7F5c…1607
aToken (aOptUSDC)	0x625E…b4cD
Variable debt token	0xFCCf…C989
Price oracle	0x6379…e201
Interest rate strategy	0x9359…bed1
Pool	0x794a…14aD

Links open the Optimism block explorer.

USDC utilization and interest rate curve

Utilization is 27.1% 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 0.00% to 10.00%. Past that point it climbs steeply, reaching 50.00% 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 (1)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
Stablecoins	0.01%	87.00%	1.00%	Yes	No

About USDC on Aave Optimism

USD Coin (USDC.e) is listed on the Aave V3 Optimism market. Lenders have supplied $1.07M (1.07M USDC) and borrowers owe $291K, so 27.1% of the pool is lent out. 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 0.20% a year, and variable-rate borrowers pay 3.05%. The rate follows utilization: up to 90% the borrow rate rises gently from 0.00% to 10.00%, and above that it climbs steeply to 50.00% when everything is lent out. At 27.1% now, the pool is below that point. Aave keeps 75% of the interest as its reserve factor.

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 0.20% and borrowers paid 3.05%, with 27.0% of the pool lent out. Over the past 30 days, the supply rate ranged from 0.19% to 0.20%, and the borrow rate from 2.97% to 3.05% (one reading a day).