wstETH on Aave Optimism

Q: What is the wstETH supply APY on Aave Optimism?

<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 wstETH borrow rate on Aave Optimism?

The variable borrow APY is 0.29%. It rises with utilization, now 0.4%.

Q: Can I use wstETH as collateral on Aave Optimism?

Yes. You can borrow up to 75% of its value, and a loan is liquidated at 79% with a 7.2% penalty.

Q: How much wstETH can be borrowed on Aave Optimism right now?

None. Borrowing wstETH is switched off here, so existing loans can only be repaid.

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

The best supply rate is 0.06% on Ethereum Prime. Only markets with real liquidity are counted.

Live Wrapped liquid staked Ether 2.0 (wstETH) 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

<0.01%

earned by suppliers

Borrow APY, variable

0.29%

borrowing is off

Total supplied

$23.75M

8.51K wstETH

Total borrowed

$87.3K

31.28 wstETH

Utilization

0.4%

share of supply that is lent out

Available to borrow

borrowing is off

wstETH supply and borrow APY history

Averages published by Aave's API

Risk settings

Can be used as collateral	Yes
Max loan-to-value (LTV)	75.00%
Liquidation threshold	79.00%
Liquidation penalty	7.20%
Reserve factor	5.00%
Flash loans	Enabled
Supply cap used	8.51K of 16.00K wstETH (53.2%)

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

Contracts

wstETH token	0x1F32…4Ebb
aToken (aOptwstETH)	0xc45A…5dAA
Variable debt token	0x34e2…7907
Price oracle	0x724E…e387
Interest rate strategy	0x9359…bed1
Pool	0x794a…14aD

Links open the Optimism block explorer.

wstETH utilization and interest rate curve

Utilization is 0.4% 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 0.25% to 4.75%. Past that point it climbs steeply, reaching 84.75% when everything is lent out. How Aave interest rates work.

E-Mode categories that include wstETH

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

Category (1)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
ETH correlated	93.00%	95.00%	1.00%	Yes	No

About wstETH on Aave Optimism

Wrapped liquid staked Ether 2.0 (wstETH) is listed on the Aave V3 Optimism market. Lenders have supplied $23.75M (8.51K wstETH) and borrowers owe $87.3K, so 0.4% of the pool is lent out. Borrowing wstETH is switched off here, so existing loans can only be repaid. The supply cap is 53% used.

Suppliers earn <0.01% a year, and variable-rate borrowers pay 0.29%. The rate follows utilization: up to 45% the borrow rate rises gently from 0.25% to 4.75%, and above that it climbs steeply to 84.75% when everything is lent out. At 0.4% now, the pool is below that point. Aave keeps 5% of the interest as its reserve factor.

wstETH counts as collateral here: you can borrow up to 75% of its value, and a loan is liquidated once it reaches 79%, with a 7.2% penalty. In E-Mode it can back loans of up to 93%. The best WSTETH supply rate elsewhere on Aave is 0.06% on Ethereum Prime. Compare WSTETH rates on every Aave market.

Among the 10 Aave markets with at least $1M of WSTETH supplied, this one pays the 2nd highest supply rate. A week ago suppliers earned <0.01% and borrowers paid 0.29%, with 0.4% of the pool lent out. Over the past 30 days, the borrow rate ranged from 0.29% to 0.31% (one reading a day).