Aave V4 Prime 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
$82.28M
Total borrowed
$10.13M
12.3% of supply
Assets
7
Connected spokes
1
Assets in this hub
The borrow figure is the base rate. A borrower's own risk premium can add to it.
| Asset | Supply APY | Base borrow rate |
|---|---|---|
| WBTCWrapped BTC$28.71M supplied | 0.00% | not borrowable– |
| wstETHWrapped stEth$19.47M supplied | 0.00% | not borrowable– |
| cbBTCCoinbase WBTC$17.94M supplied | 0.00% | not borrowable– |
| USDCUSD Coin$7.22M supplied | 4.26% | 5.15% |
| WETHWrapped Ether$5.18M supplied | 0.00% | not borrowable– |
| USDtTether USD$3.15M supplied | 4.68% | 5.65% |
| GHOGHO$608K supplied | 4.81% | 5.92% |
Spokes connected to this hub
| Market | Total supplied | Total borrowed |
|---|---|---|
| Ethereum BluechipV4Ethereum · Aave V4 spoke | $82.27M | $32.81M |
About the Prime hub
The Prime hub holds 7 assets on Ethereum and lends them to 1 connected spoke. By deposits it is the 6th largest of the 8 Aave V4 hubs. $82.28M is supplied and $10.13M borrowed, so 12.3% of deposits are lent out.
The largest pools are WBTC ($28.71M), wstETH ($19.47M) and cbBTC ($17.94M). Borrowers mostly take USDC ($6.66M), USDt ($2.91M) and GHO ($552K). Stablecoins make up 100% 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 Prime hub: quick answers
How big is the Aave V4 Prime hub?
$82.28M is supplied and $10.13M borrowed across 7 assets, shared by 1 connected spoke on Ethereum.
What is the best supply rate in the Aave V4 Prime hub?
USDt pays 4.68%, the highest among assets with at least $1M supplied.
What is the lowest base borrow rate in the Aave V4 Prime hub?
USDC at 5.15%, among assets that can be borrowed with at least $250K left to lend. Each borrower's risk premium comes on top.
Hub contract: 0x9438…F931