Aave Tracker

Aave V4 Forex spoke on Ethereum

A spoke is where people supply and borrow on Aave V4, much like a market on V3. This one runs on Ethereum and lists 7 assets. Click an asset for its history, rate curve and risk settings.

Data from Aave's V4 API · updated

Total supplied

$12.94M

 

Total borrowed

$4.16M

32.1% of supply

Assets

7

7 can be borrowed

Liquidation target

1.04

health factor a liquidation aims to restore

Assets on the Aave V4 Forex spoke
Asset Total supplied Supply APY Total borrowed Borrow APY Utilization
USDtTether USD$6.10M supplied $6.10M6.11M USDt 3.72% $1.9K1.89K USDt 4.56%base rate 91.2%
USDCUSD Coin$5.00M supplied $5.00M5.01M USDC 4.59% $4.07M4.07M USDC 5.61%base rate 91.4%
EURCEURC$1.83M supplied $1.83M1.65M EURC 1.98% $11.2K10.05K EURC 3.71%base rate 59.7%
frxUSDFrax USD$0 supplied $00 frxUSD 2.69% $9.0K9.00K frxUSD 3.91%base rate 86.5%
GHOGHO$0 supplied $00 GHO 3.62% $51.0051.28 GHO 4.47%base rate 90.3%
USDGGlobal Dollar$0 supplied $00 USDG 3.19% $64.6K64.65K USDG 4.44%base rate 90.3%
RLUSDRLUSD$0 supplied $00 RLUSD 2.03% $00.101 RLUSD 3.61%base rate 70.9%

About the Forex spoke

The Forex spoke runs on Ethereum and lists 7 assets: 7 can be borrowed and 1 can back loans. It draws its liquidity from one hub. By deposits it is the 12th largest of the 24 Aave V4 spokes. $12.94M is supplied and $4.16M borrowed, so 32.1% of deposits are lent out.

The largest pools are USDt ($6.10M), USDC ($5.00M) and EURC ($1.83M). Borrowers mostly take USDC ($4.07M), USDG ($64.6K) and EURC ($11.2K). Stablecoins make up 100% of all borrowing here, which is typical: most people use Aave to borrow dollars against crypto they want to keep.

When a loan here falls below a health factor of 1, a liquidation repays just enough to bring it back to 1.04, rather than a fixed share of the debt. See Aave V4 explained and the V4 overview.

Aave V4 Forex spoke: quick answers

How big is the Aave V4 Forex spoke?

$12.94M is supplied and $4.16M borrowed across 7 assets on Ethereum. The largest are USDt ($6.10M), USDC ($5.00M) and EURC ($1.83M).

What is the best supply rate on the Aave V4 Forex spoke?

USDC pays 4.59%, the highest among assets with at least $1M supplied.

What is the cheapest asset to borrow on the Aave V4 Forex spoke?

EURC at a 3.71% base rate, among assets with at least $250K available. A borrower's risk premium comes on top.

Draws liquidity from: Core hub. Spoke contract: 0xD8B9…9da1