Aave Tracker

Aave V4 Core hub on Avalanche

A hub is a shared pool of liquidity on Avalanche. It sets the base borrow rate for each asset from how much of that asset is lent out. Spokes connected to this hub lend and borrow from it.

Data from Aave's V4 API · updated

Total supplied

$206.2M

 

Total borrowed

$79.04M

38.3% of supply

Assets

8

 

Connected spokes

4

 

Assets in this hub

The borrow figure is the base rate. A borrower's own risk premium can add to it.

AssetSuppliedSupply APYBorrowedBase borrow rateUtilizationKink
USDTTether USD$92.76M supplied $92.76M92.88M USDT 2.68% $64.72M 3.70% 69.8% 94%
USDeUSDe$68.04M supplied $68.04M68.12M USDe 0.00% $0 not borrowable– 0.0% 99%
WAVAXWrapped AVAX$18.52M supplied $18.52M2.26M WAVAX 0.81% $6.15M 3.09% 33.2% 65%
USDCUSD Coin$8.92M supplied $8.92M8.93M USDC 3.70% $8.02M 4.59% 89.9% 90%
BTC.bBitcoin$8.90M supplied $8.90M117.30 BTC.b 0.00% $24.00 0.00% 0.0% 80%
sAVAXStaked AVAX$7.50M supplied $7.50M708.38K sAVAX 0.00% $0 not borrowable– 0.0% 99%
WETH.eWrapped Ether$1.55M supplied $1.55M694.32 WETH.e 0.02% $150K 0.27% 9.7% 90%
EURCEURC$6.1K supplied $6.1K5.43K EURC 1.37% $3.0K 3.09% 49.8% 90%

Spokes connected to this hub

MarketTotal suppliedTotal borrowedBorrowed shareAssets
Avalanche MainV4Avalanche · Aave V4 spoke $129.2M $10.89M 8.4% 6
Avalanche Ethena EcosystemV4Avalanche · Aave V4 spoke $68.04M $61.93M 91.0% 3
Avalanche AVAX CorrelatedV4Avalanche · Aave V4 spoke $7.50M $6.12M 81.5% 2
Avalanche ForexV4Avalanche · Aave V4 spoke $1.36M $112K 8.2% 3

About the Core hub

The Core hub holds 8 assets on Avalanche and lends them to 4 connected spokes. By deposits it is the 3rd largest of the 8 Aave V4 hubs. $206.2M is supplied and $79.04M borrowed, so 38.3% of deposits are lent out.

The largest pools are USDT ($92.76M), USDe ($68.04M) and WAVAX ($18.52M). Borrowers mostly take USDT ($64.72M), USDC ($8.02M) and WAVAX ($6.15M). Stablecoins make up 92% of all borrowing here, which is typical: most people use Aave to borrow dollars against crypto they want to keep.

Spokes borrow from the hub at the base rate shown above, and each borrower can pay a risk premium on top, depending on their collateral. See Aave V4 explained for how hubs and spokes fit together.

Aave V4 Core hub: quick answers

How big is the Aave V4 Core hub?

$206.2M is supplied and $79.04M borrowed across 8 assets, shared by 4 connected spokes on Avalanche.

What is the best supply rate in the Aave V4 Core hub?

USDC pays 3.70%, the highest among assets with at least $1M supplied.

What is the lowest base borrow rate in the Aave V4 Core hub?

WETH.e at 0.27%, among assets that can be borrowed with at least $250K left to lend. Each borrower's risk premium comes on top.

Hub contract: 0xd073…Df6e