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Aave Tracker

Sky Savings Rate vs Aave savings rates

Three common ways to earn on dollars on-chain, side by side: the Sky Savings Rate paid on sUSDS, the savings rate Aave pays on its own stablecoin GHO, and the rates Aave pays for supplying stablecoins to its markets. All figures are live.

Data from Aave's API and the Ethereum blockchain · updated

Sky Savings Rate

3.60%

sUSDS · $4.40B deposited

Aave GHO savings rate

4.50%

sGHO · $163.9M deposited

Best Aave stablecoin supply rate

10.30%

USDT · Ethereum Main

USDS on Aave

0.16%

Ethereum Core

How they differ

OptionRate nowWho sets the rateWhat you hold
Sky Savings Rate3.60%Sky governancesUSDS
Aave GHO savings4.50%Aave governancesGHO
Supplying a stablecoin on Aaveup to 10.30%Borrowing demand, minute by minuteAn aToken that can be collateral

A governance-set rate stays put until a vote changes it. An Aave supply rate moves with the market all day, so check its history on the asset's page before comparing it with a fixed rate.

Aave supply rates for the main stablecoins

Markets with at least $1M supplied, before rewards

All stablecoin rates →
Stablecoin supply rates on Aave
Market Total supplied Supply APY Total borrowed Borrow APY Utilization
Ethereum MainV4USDT · $15.92M $15.92M15.93M USDT 10.30% $11.88M11.88M USDT 12.01%base rate 95.3%
Ethereum ForexV4USDT · $2.89M $2.89M2.89M USDT 10.30% $9.6K9.59K USDT 12.01%base rate 95.3%
Ethereum MainV4USDC · $14.73M $14.73M14.73M USDC 8.86% $12.41M12.41M USDC 10.44%base rate 94.3%
Ethereum ForexV4USDC · $5.47M $5.47M5.47M USDC 8.86% $378K377.93K USDC 10.44%base rate 94.3%
AvalancheGHO · $1.04M $1.04M1.04M GHO 5.40% $939K939.39K GHO 6.71% 90.5%
Ethereum HorizonUSDC · $3.32M $3.32M3.32M USDC 4.80% $2.80M2.80M USDC 6.38% 84.3%
PolygonDAI · $3.44M $3.44M3.44M DAI 4.63% $2.67M2.67M DAI 8.08% 77.7%
InkUSDC · $67.03M $67.03M67.04M USDC 4.27% $49.44M49.45M USDC 6.50% 73.8%
Ethereum BluechipV4USDC (Prime hub) · $7.53M $7.53M7.53M USDC 4.06% $6.86M6.86M USDC 4.95%base rate 91.1%
Ethereum CoreUSDT · $2.91B $2.91B2.91B USDT 3.95% $2.71B2.71B USDT 4.72% 93.2%
MonadUSDC · $163.6M $163.6M163.57M USDC 3.92% $145.0M145.03M USDC 4.94% 88.7%
Ethereum CorePYUSD · $7.73M $7.73M7.73M PYUSD 3.87% $6.71M6.71M PYUSD 4.98% 86.8%

Rates are not the whole story: each option carries its own smart contract and stablecoin risk. Nothing here is a recommendation. The Sky Savings Rate is read from the sUSDS contract on Ethereum; Sky is a separate protocol and is not part of Aave.