EURC on Aave V4 Ethereum Forex

Live EURC rates on the Aave V4 Forex 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 2026-11-08 04:27 UTC

Supply APY

1.98%

earned by suppliers

Base borrow rate

3.71%

before any risk premium

Supplied here

$1.83M

1.65M EURC

Borrowed here

$11.2K

10.05K EURC

Hub utilization

59.7%

Core hub, all spokes

Available to borrow

$926K

price $1.1136

EURC supply and borrow rate history

Averages published by Aave's V4 API

Risk settings on this spoke

Can be used as collateral	Yes
Collateral factor	90.00%
Collateral risk score	0.00%
Max liquidation bonus	2.00%
Liquidation fee	10.00%
Supply cap used	1.65M of 4.30M EURC (38.3%)
Borrow cap used	10.05K of 4.50M EURC (0.2%)

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	Core hub
Supplied across the hub	$2.30M
Borrowed across the hub	$1.37M
Spokes sharing it	4
Liquidity fee	10.00%
EURC token	0x1aBa…C33c
Spoke contract	0xD8B9…9da1
Hub contract	0xCca8…26c9

EURC utilization and interest rate curve

Hub utilization is 59.7% right now. Set by the Core hub: how the base rate responds as more of the supply gets borrowed.

Base borrow rate Supply rate

Up to 90% utilization the base rate climbs gently from 0.00% to 5.50%. Past that point it climbs steeply, reaching 40.50% when everything is lent out.

About EURC on the Forex spoke

EURC is listed on the Aave V4 Forex spoke on Ethereum, which draws its liquidity from the Core hub. On this spoke $1.83M is supplied and $11.2K borrowed, out of $2.30M supplied across the whole hub, shared by 4 spokes. $926K is available to borrow.

Suppliers earn 1.98% a year, and borrowers pay the hub's base rate of 3.71% plus a personal risk premium that depends on the collateral behind their loan. The hub is 59.7% borrowed. Up to 90% the base rate rises gently from 0.00% to 5.50%; above that it climbs steeply to 40.50% when everything is lent out.

EURC can back loans here with a collateral factor of 90%. Its collateral risk score of 0% feeds the borrower's risk premium, and liquidators can earn a bonus of up to 2.0%. The best EURC supply rate elsewhere on Aave is 2.97% on Avalanche. The cheapest place to borrow it is the Arc Main spoke (V4) at 2.15%. Compare EURC rates on every Aave market.

Among the 5 Aave markets with at least $1M of EURC supplied, this one pays the 3rd highest supply rate. Its base borrow rate is the 3rd lowest of the 7 markets with at least $250K of EURC to lend. A week ago suppliers earned 7.37% and the base borrow rate was 9.08%, with the hub 91.0% lent out. Over the past 30 days, the supply rate ranged from 1.90% to 7.37%, and the base borrow rate from 3.64% to 9.08% (one reading a day).

EURC on Aave V4 Forex: quick answers

What is the EURC supply APY on Aave V4 Forex?

1.98% a year right now. It is paid out of what borrowers across the Core hub pay and changes with every deposit, loan and repayment.

What does it cost to borrow EURC on Aave V4 Forex?

The base borrow rate is 3.71%. 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 EURC as collateral on Aave V4 Forex?

Yes, with a collateral factor of 90%: you can borrow up to that share of its value. Safer collateral lowers your risk premium.

Where else can I supply or borrow EURC on Aave?

The best supply rate is 2.97% on Avalanche. The cheapest borrow rate is 2.15% on the Arc Main spoke (V4). Only markets with real liquidity are counted.

EURC elsewhere on Aave

V3 markets and other V4 spokes

EURC rates on every Aave market →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum CoreEURC · $44.53M	$44.53M39.98M EURC	2.38%	$29.12M26.15M EURC	4.08%	65.4%
BaseEURC · $10.92M	$10.92M9.81M EURC	1.57%	$4.98M4.47M EURC	3.87%	45.5%
Arc MainV4EURC · $1.53M	$1.53M1.38M EURC	0.67%	$563K505.73K EURC	2.15%base rate	34.7%
AvalancheEURC · $1.12M	$1.12M1.00M EURC	2.97%	$816K732.27K EURC	4.56%	73.0%
Ethereum MainV4EURC · $388K	$388K348.75K EURC	1.98%	$1.06M955.64K EURC	3.71%base rate	59.7%
Arc ForexV4EURC · $88.0K	$88.0K79.02K EURC	0.67%	$184164.96 EURC	2.15%base rate	34.7%
Avalanche ForexV4EURC · $6.0K	$6.0K5.42K EURC	1.37%	$00.000018 EURC	3.09%base rate	49.8%
Avalanche MainV4EURC · $0	$00 EURC	1.37%	$3.0K2.71K EURC	3.09%base rate	49.8%