USDt (Prime hub) on Aave V4 Ethereum Bluechip
Live Tether USD (USDt) 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
4.68%
earned by suppliers
Base borrow rate
5.65%
before any risk premium
Supplied here
$3.15M
3.15M USDt
Borrowed here
$2.91M
2.92M USDt
Hub utilization
92.5%
Prime hub, all spokes
Available to borrow
$240K
price $0.9988
USDt 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 | No |
|---|---|
| Collateral factor | – |
| Collateral risk score | 0.00% |
| Max liquidation bonus | – |
| Liquidation fee | 0.00% |
| Supply cap used | 3.15M of 20.00M USDt (15.8%) |
| Borrow cap used | 2.92M of 18.40M USDt (15.9%) |
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 | $3.15M |
| Borrowed across the hub | $2.91M |
| Spokes sharing it | 1 |
| Liquidity fee | 10.00% |
| USDt token | 0xdAC1…1ec7 |
| Spoke contract | 0x973a…5A08 |
| Hub contract | 0x9438…F931 |
USDt utilization rate history
Recorded once a day by Aave Tracker
USDt utilization and interest rate curve
Hub utilization is 92.5% 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 92% utilization the base rate climbs gently from 0.00% to 4.50%. Past that point it climbs steeply, reaching 24.50% when everything is lent out.
About USDt (Prime hub) on the Bluechip spoke
Tether USD (USDt) is listed on the Aave V4 Bluechip spoke on Ethereum, which draws its liquidity from the Prime hub. On this spoke $3.15M is supplied and $2.91M borrowed, nearly all of the USDt in the hub, which is shared by 1 spoke. $240K is available to borrow.
Suppliers earn 4.68% a year, and borrowers pay the hub's base rate of 5.65% plus a personal risk premium that depends on the collateral behind their loan. The hub is 92.5% borrowed. Up to 92% the base rate rises gently from 0.00% to 4.50%; above that it climbs steeply to 24.50% when everything is lent out.
USDt cannot be used as collateral on this spoke. The best USDT supply rate elsewhere on Aave is 4.46% on Avalanche. The cheapest place to borrow it is Celo at 1.84%. Compare USDT rates on every Aave market.
Among the 17 Aave markets with at least $1M of USDT supplied, this one pays the highest supply rate. A week ago suppliers earned 3.00% and the base borrow rate was 4.08%, with the hub 81.9% lent out. Over the past 30 days, the supply rate ranged from 2.46% to 24.35%, and the base borrow rate from 3.70% to 27.39% (one reading a day).
USDt (Prime hub) on Aave V4 Bluechip: quick answers
What is the USDt supply APY on Aave V4 Bluechip?
4.68% a year right now. It is paid out of what borrowers across the Prime hub pay and changes with every deposit, loan and repayment.
What does it cost to borrow USDt on Aave V4 Bluechip?
The base borrow rate is 5.65%. 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 USDt as collateral on Aave V4 Bluechip?
No, USDt is not accepted as collateral on this spoke, although it can be supplied to earn interest.
Where else can I supply or borrow USDT on Aave?
The best supply rate is 4.46% on Avalanche. The cheapest borrow rate is 1.84% on Celo. Only markets with real liquidity are counted.
USDt elsewhere on Aave
V3 markets and other V4 spokes
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum CoreUSDT · $2.57B | 3.86% | 4.59% |
| PlasmaUSDT0 · $709.2M | 4.15% | 4.66% |
| MantleUSDT0 · $154.1M | 3.11% | 3.96% |
| Avalanche MainV4USDT · $92.19M | 2.68% | 3.70%base rate |
| MonadUSDT0 · $68.59M | 4.16% | 5.09% |
| BNB ChainUSDT · $61.20M | 3.42% | 4.42% |
| ArbitrumUSD₮0 · $43.73M | 3.57% | 4.52% |
| X LayerUSD₮0 · $37.30M | 2.92% | 4.08% |
