USDC on Aave Polygon

Live USD Coin (USDC) rates on the Aave V3 Polygon 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 08:51 UTC

Supply APY

3.32%

earned by suppliers

Borrow APY, variable

6.60%

paid by borrowers

Total supplied

$28.12M

28.12M USDC

Total borrowed

$17.96M

17.97M USDC

Utilization

63.9%

share of supply that is lent out

Available to borrow

$10.16M

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)	70.00%
Liquidation threshold	78.00%
Liquidation penalty	5.00%
Reserve factor	20.00%
Flash loans	Enabled
Supply cap used	28.12M of 50.00M USDC (56.2%)
Borrow cap used	17.97M of 45.00M USDC (39.9%)

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

Contracts

USDC token	0x3c49…3359
aToken (aPolUSDCn)	0xA4D9…62BD
Variable debt token	0xE701…b030
Price oracle	0x31Eb…49Fb
Interest rate strategy	0x5607…8B1A
Pool	0x794a…14aD

Links open the Polygon block explorer.

USDC utilization and interest rate curve

Utilization is 63.9% 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 9.00%. Past that point it climbs steeply, reaching 19.00% 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 (2)	Max LTV	Liquidation threshold	Penalty	As collateral	Borrowable
Stablecoins	91.25%	94.25%	1.00%	Yes	No
AAVE__USDCn_USDT	63.00%	70.00%	7.50%	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	3.60%	$2.18B2.18B USDC	4.38%	91.6%
BaseUSDC · $181.8M	$181.8M181.86M USDC	3.70%	$159.8M159.80M USDC	4.70%	87.9%
ArbitrumUSDC · $181.2M	$181.2M181.19M USDC	2.93%	$153.9M153.89M USDC	3.85%	84.9%
MonadUSDC · $163.9M	$163.9M163.94M USDC	3.77%	$142.6M142.61M USDC	4.84%	87.0%
Arc MainV4USDC · $124.8M	$124.8M124.86M USDC	<0.01%	$1.16M1.16M USDC	0.04%base rate	0.9%
InkUSDC · $67.09M	$67.09M67.10M USDC	4.27%	$49.45M49.45M USDC	6.50%	73.7%
AvalancheUSDC · $63.62M	$63.62M63.63M USDC	3.47%	$55.99M55.99M USDC	4.40%	88.0%
Ethereum MainV4USDC · $14.65M	$14.65M14.65M USDC	5.04%	$12.31M12.31M USDC	6.06%base rate	92.5%