sUSDe on Aave V4 Ethereum Ethena Ecosystem
Live Staked USDe (sUSDe) 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
$3.42M
2.73M sUSDe
Borrowed here
$0
0 sUSDe
Hub utilization
0.0%
Plus hub, all spokes
Available to borrow
$0
borrowing is off
sUSDe 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 | 92.00% |
| Collateral risk score | 0.00% |
| Max liquidation bonus | 3.00% |
| Liquidation fee | 10.00% |
| Supply cap used | 2.73M of 20.00M sUSDe (13.6%) |
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 | $3.43M |
| Borrowed across the hub | $0 |
| Spokes sharing it | 2 |
| Liquidity fee | 0.00% |
| sUSDe token | 0x9D39…3497 |
| Spoke contract | 0xba1B…08AF |
| Hub contract | 0x0600…536A |
sUSDe utilization rate history
Recorded once a day by Aave Tracker
sUSDe 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 sUSDe on the Ethena Ecosystem spoke
Staked USDe (sUSDe) is listed on the Aave V4 Ethena Ecosystem spoke on Ethereum, which draws its liquidity from the Plus hub. On this spoke $3.42M is supplied and $0 borrowed, nearly all of the sUSDe in the hub, which is shared by 2 spokes. sUSDe 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.
sUSDe can back loans here with a collateral factor of 92%. Its collateral risk score of 0% feeds the borrower's risk premium, and liquidators can earn a bonus of up to 3.0%. The best SUSDE supply rate elsewhere on Aave is 0.00% on Ethereum Core. Compare SUSDE rates on every Aave market.
Among the 4 Aave markets with at least $1M of SUSDE supplied, this one pays the highest supply rate. A week ago suppliers earned 0.00%, with the hub 0.0% lent out.
sUSDe on Aave V4 Ethena Ecosystem: quick answers
What is the sUSDe 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 sUSDe as collateral on Aave V4 Ethena Ecosystem?
Yes, with a collateral factor of 92%: you can borrow up to that share of its value. Safer collateral lowers your risk premium.
Where else can I supply or borrow SUSDE on Aave?
The best supply rate is 0.00% on Ethereum Core. Only markets with real liquidity are counted.
sUSDe elsewhere on Aave
V3 markets and other V4 spokes
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum CoresUSDe · $187.3M | 0.00% | not borrowable– |
| PlasmasUSDe · $162.0M | 0.00% | not borrowable– |
| MantlesUSDe · $80.42M | 0.00% | not borrowable– |
| Ethereum PrimesUSDe · $46.2K | 0.00% | not borrowable– |
| AvalanchesUSDe · $28.9K | 0.00% | not borrowable– |
| InksUSDe · $2.4K | 0.00% | not borrowable– |
| MonadsUSDe · $406 | 0.00% | not borrowable– |
| zkSync ErasUSDe · $131 | 0.00% | not borrowable– |
