WAVAX on Aave V4 Avalanche Main
Live Wrapped AVAX (WAVAX) rates on the Aave V4 Main spoke on Avalanche. 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
Supply APY
0.81%
earned by suppliers
Base borrow rate
3.09%
before any risk premium
Supplied here
$18.52M
2.26M WAVAX
Borrowed here
$37.8K
4.61K WAVAX
Hub utilization
33.2%
Core hub, all spokes
Available to borrow
$371K
price $8.1819
WAVAX supply and borrow rate history
Averages published by Aave's V4 API
Base borrow rate Supply APY
| Day | Supply APY | Borrow rate |
|---|
Risk settings on this spoke
| Can be used as collateral | Yes |
|---|---|
| Collateral factor | 73.00% |
| Collateral risk score | 0.00% |
| Max liquidation bonus | 10.00% |
| Liquidation fee | 10.00% |
| Supply cap used | 2.26M of 4.00M WAVAX (56.6%) |
| Borrow cap used | 4.61K of 50.00K WAVAX (9.2%) |
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 | $18.52M |
| Borrowed across the hub | $6.15M |
| Spokes sharing it | 2 |
| Liquidity fee | 20.00% |
| WAVAX token | 0xB31f…66c7 |
| Spoke contract | 0x4352…3a56 |
| Hub contract | 0xd073…Df6e |
WAVAX utilization rate history
Recorded once a day by Aave Tracker
WAVAX utilization and interest rate curve
Hub utilization is 33.2% right now. Set by the Core hub: how the base rate responds as more of the supply gets borrowed.
Base borrow rate Supply rate
Up to 65% utilization the base rate climbs gently from 1.00% to 5.00%. Past that point it climbs steeply, reaching 149.28% when everything is lent out.
About WAVAX on the Main spoke
Wrapped AVAX (WAVAX) is listed on the Aave V4 Main spoke on Avalanche, which draws its liquidity from the Core hub. On this spoke $18.52M is supplied and $37.8K borrowed, nearly all of the WAVAX in the hub, which is shared by 2 spokes. $371K is available to borrow.
Suppliers earn 0.81% a year, and borrowers pay the hub's base rate of 3.09% plus a personal risk premium that depends on the collateral behind their loan. The hub is 33.2% borrowed. Up to 65% the base rate rises gently from 1.00% to 5.00%; above that it climbs steeply to 149.28% when everything is lent out.
WAVAX can back loans here with a collateral factor of 73%. Its collateral risk score of 0% feeds the borrower's risk premium, and liquidators can earn a bonus of up to 10.0%. The best WAVAX supply rate elsewhere on Aave is 0.99% on Avalanche. The cheapest place to borrow it is the Avalanche AVAX Correlated spoke (V4) at 3.09%. Compare WAVAX rates on every Aave market.
Its base borrow rate is the lowest of the 3 markets with at least $250K of WAVAX to lend. A week ago suppliers earned 0.93% and the base borrow rate was 3.27%, with the hub 36.0% lent out. Over the past 30 days, the supply rate ranged from 0.53% to 1.44%, and the base borrow rate from 2.61% to 3.93% (one reading a day).
WAVAX on Aave V4 Main: quick answers
What is the WAVAX supply APY on Aave V4 Main?
0.81% a year right now. It is paid out of what borrowers across the Core hub pay and changes with every deposit, loan and repayment.
What does it cost to borrow WAVAX on Aave V4 Main?
The base borrow rate is 3.09%. On Aave V4 each borrower also pays a risk premium on top, set by the collateral behind their loan, so the rate you pay can be higher.
Can I use WAVAX as collateral on Aave V4 Main?
Yes, with a collateral factor of 73%: you can borrow up to that share of its value. Safer collateral lowers your risk premium.
Where else can I supply or borrow WAVAX on Aave?
The best supply rate is 0.99% on Avalanche. The cheapest borrow rate is 3.09% on the Avalanche AVAX Correlated spoke (V4). Only markets with real liquidity are counted.
WAVAX elsewhere on Aave
V3 markets and other V4 spokes
| Market | Supply APY | Borrow APY |
|---|---|---|
| AvalancheWAVAX · $129.6M | 0.99% | 3.36% |
| Avalanche AVAX CorrelatedV4WAVAX · $1.3K | 0.81% | 3.09%base rate |
