USDT on Aave V4 Forex
Live Tether USD (USDT) 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
Supply APY
3.34%
earned by suppliers
Base borrow rate
4.04%
before any risk premium
Supplied here
$2.90M
2.90M USDT
Borrowed here
$9.6K
9.59K USDT
Hub utilization
92.1%
Core hub, all spokes
Available to borrow
$1.51M
price $0.9998
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 | Yes |
|---|---|
| Collateral factor | 90.00% |
| Collateral risk score | 0.00% |
| Max liquidation bonus | 2.00% |
| Liquidation fee | 10.00% |
| Supply cap used | 2.90M of 10.00M USDT (29.0%) |
| Borrow cap used | 9.59K of 3.33M USDT (0.3%) |
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 | $18.84M |
| Borrowed across the hub | $17.35M |
| Spokes sharing it | 5 |
| Liquidity fee | 10.00% |
| USDT token | 0xdAC1…1ec7 |
| Spoke contract | 0xD8B9…9da1 |
| Hub contract | 0xCca8…26c9 |
USDT interest rate curve
Set by the Core 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 4.00%. Past that point it climbs steeply, reaching 24.00% when everything is lent out.
USDT elsewhere on Aave
V3 markets and other V4 spokes
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum CoreUSDT · $2.90B | 4.07% | 4.87% |
| PlasmaUSDT0 · $761.5M | 4.16% | 4.66% |
| MantleUSDT0 · $156.9M | 3.09% | 3.95% |
| MonadUSDT0 · $81.87M | 4.14% | 5.08% |
| X LayerUSD₮0 · $73.19M | 2.91% | 4.07% |
| BNB ChainUSDT · $61.34M | 2.79% | 3.94% |
| ArbitrumUSD₮0 · $45.81M | 3.33% | 4.31% |
| PolygonUSDT0 · $31.82M | 3.10% | 6.58% |