USDC on Aave V4 Main

Live USDC (USDC) rates on the Aave V4 Main spoke on Arc. On V4 every borrower pays the hub's base rate, and a personal risk premium can be added depending on the collateral behind the loan.

Data from Aave's V4 API · updated 2026-09-21 08:03 UTC

Supply APY

<0.01%

earned by suppliers

Base borrow rate

0.04%

before any risk premium

Supplied here

$124.8M

124.86M USDC

Borrowed here

$1.15M

1.15M USDC

Hub utilization

0.9%

Core hub, all spokes

Available to borrow

$49.85M

price $0.9999

USDC supply and borrow rate history

Averages published by Aave's V4 API

Risk settings on this spoke

Can be used as collateral	Yes
Collateral factor	78.00%
Collateral risk score	0.00%
Max liquidation bonus	5.55%
Liquidation fee	10.00%
Supply cap used	124.86M of 150.00M USDC (83.2%)
Borrow cap used	1.15M of 51.00M USDC (2.2%)

The collateral factor decides how much you can borrow against this asset. The risk score feeds the borrower's risk premium: the safer the collateral, the lower the premium. How V4 works.

Where the liquidity comes from

Hub	Core hub
Supplied across the hub	$124.8M
Borrowed across the hub	$1.15M
Spokes sharing it	2
Liquidity fee	10.00%
USDC token	0x3600…0000
Spoke contract	0xB843…134d
Hub contract	0x1728…F79C

USDC interest rate curve

Set by the Core hub: how the base rate responds as more of the supply gets borrowed

Base borrow rate Supply rate

Up to 90% utilization the base rate climbs gently from 0.00% to 4.10%. Past that point it climbs steeply, reaching 14.10% when everything is lent out.

USDC elsewhere on Aave

V3 markets and other V4 spokes

Compare all →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum CoreUSDC · $2.38B	$2.38B2.38B USDC	3.69%	$2.21B2.21B USDC	4.44%	92.7%
ArbitrumUSDC · $183.8M	$183.8M183.79M USDC	2.83%	$153.5M153.52M USDC	3.78%	83.5%
BaseUSDC · $181.6M	$181.6M181.57M USDC	3.71%	$159.8M159.80M USDC	4.70%	88.0%
MonadUSDC · $153.3M	$153.3M153.30M USDC	4.19%	$140.5M140.51M USDC	5.11%	91.7%
InkUSDC · $67.12M	$67.12M67.12M USDC	4.27%	$49.45M49.45M USDC	6.50%	73.7%
AvalancheUSDC · $63.72M	$63.72M63.72M USDC	3.45%	$55.98M55.98M USDC	4.39%	87.9%
PolygonUSDC · $28.12M	$28.12M28.12M USDC	3.32%	$17.96M17.96M USDC	6.60%	63.9%
Ethereum MainV4USDC · $14.66M	$14.66M14.66M USDC	3.98%	$12.26M12.26M USDC	4.90%base rate	90.2%