Aave V4 Forex spoke on Arc
A spoke is where people supply and borrow on Aave V4, much like a market on V3. This one runs on Arc and lists 2 assets. Click an asset for its history, rate curve and risk settings.
Data from Aave's V4 API · updated
Total supplied
$107K
Total borrowed
$66.1K
61.7% of supply
Assets
2
2 can be borrowed
Liquidation target
1.04
health factor a liquidation aims to restore
| Asset | Supply APY | Borrow APY | |||
|---|---|---|---|---|---|
| EURCEURC$88.0K supplied | 0.67% | 2.15%base rate | |||
| USDCUSDC$19.2K supplied | 2.48% | 3.42%base rate | |||
| Nothing matches that filter. | |||||
About the Forex spoke
The Forex spoke runs on Arc and lists 2 assets: 2 can be borrowed and 1 can back loans. It draws its liquidity from one hub. By deposits it is the 20th largest of the 24 Aave V4 spokes. $107K is supplied and $66.1K borrowed, so 61.7% of deposits are lent out.
The largest pools are EURC ($88.0K) and USDC ($19.2K). Borrowers mostly take USDC ($65.9K). Stablecoins make up 100% of all borrowing here, which is typical: most people use Aave to borrow dollars against crypto they want to keep.
When a loan here falls below a health factor of 1, a liquidation repays just enough to bring it back to 1.04, rather than a fixed share of the debt. See Aave V4 explained and the V4 overview.
Aave V4 Forex spoke: quick answers
How big is the Aave V4 Forex spoke?
$107K is supplied and $66.1K borrowed across 2 assets on Arc. The largest are EURC ($88.0K) and USDC ($65.9K).
What is the cheapest asset to borrow on the Aave V4 Forex spoke?
EURC at a 2.15% base rate, among assets with at least $250K available. A borrower's risk premium comes on top.
Draws liquidity from: Core hub. Spoke contract: 0x4164…F1bB