PT USDe on Aave V4 Ethereum Ethena Ecosystem
Live PT USDe (PT USDe, May 2026) rates on the Aave V4 Ethena Ecosystem 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
$0
0 PT USDe
Borrowed here
$0
0 PT USDe
Hub utilization
0.0%
Plus hub, all spokes
Available to borrow
$0
borrowing is off
PT USDe 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 | 93.00% |
| Collateral risk score | 0.00% |
| Max liquidation bonus | 3.00% |
| Liquidation fee | 10.00% |
| Supply cap used | Supplying is off on this spoke |
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 | Plus hub |
|---|---|
| Supplied across the hub | $23.00 |
| Borrowed across the hub | $0 |
| Spokes sharing it | 2 |
| Liquidity fee | 0.00% |
| PT USDe token | 0xAeBf…6Ce0 |
| Spoke contract | 0xba1B…08AF |
| Hub contract | 0x0600…536A |
PT USDe utilization rate history
Recorded once a day by Aave Tracker
PT USDe utilization and interest rate curve
Hub utilization is 0.0% right now. Set by the Plus 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 PT USDe on the Ethena Ecosystem spoke
PT USDe (PT USDe, May 2026) is listed on the Aave V4 Ethena Ecosystem spoke on Ethereum, which draws its liquidity from the Plus hub. On this spoke $0 is supplied and $0 borrowed, out of $23.00 supplied across the whole hub, shared by 2 spokes. PT USDe 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.
PT USDe can back loans here with a collateral factor of 93%. Its collateral risk score of 0% feeds the borrower's risk premium, and liquidators can earn a bonus of up to 3.0%. Compare PT USDE rates on every Aave market.
A week ago suppliers earned 0.00%, with the hub 0.0% lent out.
PT USDe on Aave V4 Ethena Ecosystem: quick answers
What is the PT USDe supply APY on Aave V4 Ethena Ecosystem?
0.00% a year right now. It is paid out of what borrowers across the Plus hub pay and changes with every deposit, loan and repayment.
Can I use PT USDe as collateral on Aave V4 Ethena Ecosystem?
Yes, with a collateral factor of 93%: you can borrow up to that share of its value. Safer collateral lowers your risk premium.
PT USDe elsewhere on Aave
V3 markets and other V4 spokes
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum Ethena CorrelatedV4PT USDe · $23.00 | 0.00% | not borrowable– |