cbBTC on Aave V4 Ethereum Bluechip
Live Coinbase WBTC (cbBTC) rates on the Aave V4 Bluechip spoke on Ethereum. 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
0.00%
earned by suppliers
Base borrow rate
–
borrowing is off
Supplied here
$17.94M
236.57 cbBTC
Borrowed here
$0
0 cbBTC
Hub utilization
0.0%
Prime hub, all spokes
Available to borrow
$0
borrowing is off
cbBTC supply and borrow rate history
Averages published by Aave's V4 API
Supply APY
| Day | Supply APY | Borrow rate |
|---|
Risk settings on this spoke
| Can be used as collateral | Yes |
|---|---|
| Collateral factor | 84.50% |
| Collateral risk score | 0.00% |
| Max liquidation bonus | 4.44% |
| Liquidation fee | 10.00% |
| Supply cap used | 236.57 of 600.00 cbBTC (39.4%) |
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 | Prime hub |
|---|---|
| Supplied across the hub | $17.94M |
| Borrowed across the hub | $0 |
| Spokes sharing it | 1 |
| Liquidity fee | 0.00% |
| cbBTC token | 0xcbB7…33Bf |
| Spoke contract | 0x973a…5A08 |
| Hub contract | 0x9438…F931 |
cbBTC utilization rate history
Recorded once a day by Aave Tracker
cbBTC utilization and interest rate curve
Hub utilization is 0.0% right now. Set by the Prime hub: how the base rate responds as more of the supply gets borrowed.
Base borrow rate Supply rate
Up to 99% utilization the base rate climbs gently from 0.00% to 0.00%. Past that point it climbs steeply, reaching 0.00% when everything is lent out.
About cbBTC on the Bluechip spoke
Coinbase WBTC (cbBTC) is listed on the Aave V4 Bluechip spoke on Ethereum, which draws its liquidity from the Prime hub. On this spoke $17.94M is supplied and $0 borrowed, nearly all of the cbBTC in the hub, which is shared by 1 spoke. cbBTC is not lent out on this spoke.
Suppliers earn 0.00% a year. The hub is 0.0% borrowed. Up to 99% the base rate rises gently from 0.00% to 0.00%; above that it climbs steeply to 0.00% when everything is lent out.
cbBTC can back loans here with a collateral factor of 85%. Its collateral risk score of 0% feeds the borrower's risk premium, and liquidators can earn a bonus of up to 4.4%. The best CBBTC supply rate elsewhere on Aave is <0.01% on Base. The cheapest place to borrow it is the Ethereum Main spoke (V4) at 0.27%. Compare CBBTC rates on every Aave market.
Among the 4 Aave markets with at least $1M of CBBTC supplied, this one pays the 4th highest supply rate. A week ago suppliers earned 0.00%, with the hub 0.0% lent out.
cbBTC on Aave V4 Bluechip: quick answers
What is the cbBTC supply APY on Aave V4 Bluechip?
0.00% a year right now. It is paid out of what borrowers across the Prime hub pay and changes with every deposit, loan and repayment.
Can I use cbBTC as collateral on Aave V4 Bluechip?
Yes, with a collateral factor of 85%: you can borrow up to that share of its value. Safer collateral lowers your risk premium.
Where else can I supply or borrow CBBTC on Aave?
The best supply rate is <0.01% on Base. The cheapest borrow rate is 0.27% on the Ethereum Main spoke (V4). Only markets with real liquidity are counted.
cbBTC elsewhere on Aave
V3 markets and other V4 spokes
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum CorecbBTC · $1.34B | <0.01% | 0.28% |
| BasecbBTC · $239.4M | <0.01% | 0.63% |
| Ethereum MainV4cbBTC · $12.19M | <0.01% | 0.27%base rate |
| MonadcbBTC · $285K | 0.00% | not borrowable– |
| Ethereum LombardV4cbBTC · $0 | <0.01% | 0.27%base rate |