Aave Tracker

Aave V4 Core hub on Ethereum

A hub is a shared pool of liquidity on Ethereum. 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

$573.9M

 

Total borrowed

$261.6M

45.6% of supply

Assets

17

 

Connected spokes

11

 

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
weETHWrapped eETH$134.7M supplied $134.7M54.44K weETH 0.00% $0 not borrowable– 0.0% 99%
WETHWrapped Ether$97.46M supplied $97.46M43.62K WETH 1.70% $88.78M 2.20% 91.1% 92%
USDGGlobal Dollar$74.87M supplied $74.87M74.87M USDG 3.19% $67.62M 4.44% 90.3% 90%
wstETHWrapped stEth$66.21M supplied $66.21M23.73K wstETH 0.00% $0 not borrowable– 0.0% 99%
USDCUSD Coin$61.32M supplied $61.32M61.34M USDC 4.59% $56.04M 5.61% 91.4% 92%
WBTCWrapped BTC$48.45M supplied $48.45M639.15 WBTC <0.01% $301K 0.28% 0.6% 80%
frxUSDFrax USD$27.68M supplied $27.68M27.68M frxUSD 2.69% $23.94M 3.91% 86.5% 90%
USDtTether USD$25.13M supplied $25.13M25.16M USDt 3.72% $22.91M 4.56% 91.2% 92%
cbBTCCoinbase WBTC$12.19M supplied $12.19M160.82 cbBTC <0.01% $50.6K 0.27% 0.4% 80%
LINKChainLink Token$8.03M supplied $8.03M745.83K LINK 0.00% $0 not borrowable– 0.0% 99%
XAUtTether Gold$7.49M supplied $7.49M1.84K XAUt 0.00% $0 not borrowable– 0.0% 99%
AAVEAave Token$4.38M supplied $4.38M33.39K AAVE 0.00% $0 not borrowable– 0.0% 99%
rsETHrsETH$2.94M supplied $2.94M1.21K rsETH 0.00% $0 not borrowable– 0.0% 99%
EURCEURC$2.30M supplied $2.30M2.06M EURC 1.98% $1.37M 3.71% 59.7% 90%
GHOGHO$663K supplied $663K663.48K GHO 3.62% $599K 4.47% 90.3% 90%
LBTCLombard Staked Bitcoin$8.0K supplied $8.0K0.105 LBTC 0.00% $0 not borrowable– 0.0% 99%
RLUSDRLUSD$384 supplied $384383.77 RLUSD 2.03% $272 3.61% 70.9% 80%

Spokes connected to this hub

MarketTotal suppliedTotal borrowedBorrowed shareAssets
Ethereum MainV4Ethereum · Aave V4 spoke $459.5M $116.1M 25.3% 14
Ethereum Maple SyrupUSDGV4Ethereum · Aave V4 spoke $117.0M $56.98M 48.7% 4
Ethereum EtherfiV4Ethereum · Aave V4 spoke $87.20M $81.00M 92.9% 2
Ethereum BluechipV4Ethereum · Aave V4 spoke $82.27M $32.81M 39.9% 12
Ethereum Ethena EcosystemV4Ethereum · Aave V4 spoke $40.48M $27.61M 68.2% 10
Ethereum ForexV4Ethereum · Aave V4 spoke $12.94M $4.16M 32.1% 7
Ethereum GoldV4Ethereum · Aave V4 spoke $7.49M $3.45M 46.0% 8
Ethereum KelpV4Ethereum · Aave V4 spoke $2.94M $2.72M 92.5% 2
Ethereum LidoV4Ethereum · Aave V4 spoke $2.87M $429K 14.9% 2
Ethereum USDG PendleV4Ethereum · Aave V4 spoke $2.50M $2.2K 0.1% 5
Ethereum LombardV4Ethereum · Aave V4 spoke $8.0K $3.9K 48.3% 3

About the Core hub

The Core hub holds 17 assets on Ethereum and lends them to 11 connected spokes. By deposits it is the largest of the 8 Aave V4 hubs. $573.9M is supplied and $261.6M borrowed, so 45.6% of deposits are lent out.

The largest pools are weETH ($134.7M), WETH ($97.46M) and USDG ($74.87M). Borrowers mostly take WETH ($88.78M), USDG ($67.62M) and USDC ($56.04M). Stablecoins make up 65% 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?

$573.9M is supplied and $261.6M borrowed across 17 assets, shared by 11 connected spokes on Ethereum.

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

USDC pays 4.59%, the highest among assets with at least $1M supplied.

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

cbBTC 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: 0xCca8…26c9