Aave Tracker

Aave V4 Forex spoke on Avalanche

A spoke is where people supply and borrow on Aave V4, much like a market on V3. This one runs on Avalanche and lists 3 assets. Click an asset for its history, rate curve and risk settings.

Data from Aave's V4 API · updated

Total supplied

$1.36M

 

Total borrowed

$112K

8.2% of supply

Assets

3

3 can be borrowed

Liquidation target

1.04

health factor a liquidation aims to restore

Assets on the Aave V4 Forex spoke
Asset Total supplied Supply APY Total borrowed Borrow APY Utilization
USDCUSD Coin$817K supplied $817K817.64K USDC 3.70% $33.5K33.47K USDC 4.59%base rate 89.9%
USDTTether USD$534K supplied $534K535.09K USDT 2.68% $78.4K78.52K USDT 3.70%base rate 69.8%
EURCEURC$6.0K supplied $6.0K5.42K EURC 1.37% $00.000018 EURC 3.09%base rate 49.8%

About the Forex spoke

The Forex spoke runs on Avalanche and lists 3 assets: 3 can be borrowed and 1 can back loans. It draws its liquidity from one hub. By deposits it is the 19th largest of the 24 Aave V4 spokes. $1.36M is supplied and $112K borrowed, so 8.2% of deposits are lent out.

The largest pools are USDC ($817K), USDT ($534K) and EURC ($6.0K). Borrowers mostly take USDT ($78.4K) and USDC ($33.5K). 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?

$1.36M is supplied and $112K borrowed across 3 assets on Avalanche. The largest are USDC ($817K), USDT ($534K) and EURC ($6.0K).

What is the cheapest asset to borrow on the Aave V4 Forex spoke?

USDC at a 4.59% base rate, among assets with at least $250K available. A borrower's risk premium comes on top.

Draws liquidity from: Core hub. Spoke contract: 0x6a37…B514