USDG on Aave V4 Ethereum Gold
Live Global Dollar (USDG) rates on the Aave V4 Gold 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
3.19%
plus rewards
Base borrow rate
4.44%
before any risk premium
Supplied here
$0
0 USDG
Borrowed here
$1.16M
1.16M USDG
Hub utilization
90.3%
Core hub, all spokes
Available to borrow
$839K
price $0.9999
USDG 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 | No |
|---|---|
| Collateral factor | – |
| Collateral risk score | 0.00% |
| Max liquidation bonus | – |
| Liquidation fee | 0.00% |
| Supply cap used | Supplying is off on this spoke |
| Borrow cap used | 1.16M of 2.00M USDG (58.0%) |
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 | $74.87M |
| Borrowed across the hub | $67.62M |
| Spokes sharing it | 6 |
| Liquidity fee | 20.00% |
| USDG token | 0xe343…491D |
| Spoke contract | 0x6540…84DC |
| Hub contract | 0xCca8…26c9 |
USDG utilization rate history
Recorded once a day by Aave Tracker
USDG utilization and interest rate curve
Hub utilization is 90.3% 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 4.00%. Past that point it climbs steeply, reaching 24.00% when everything is lent out.
About USDG on the Gold spoke
Global Dollar (USDG) is listed on the Aave V4 Gold spoke on Ethereum, which draws its liquidity from the Core hub. On this spoke $0 is supplied and $1.16M borrowed, out of $74.87M supplied across the whole hub, shared by 6 spokes. $839K is available to borrow.
Suppliers earn 3.19% a year, and borrowers pay the hub's base rate of 4.44% plus a personal risk premium that depends on the collateral behind their loan. The hub is 90.3% borrowed. Up to 90% the base rate rises gently from 0.00% to 4.00%; above that it climbs steeply to 24.00% when everything is lent out.
USDG cannot be used as collateral on this spoke. The best USDG supply rate elsewhere on Aave is 3.19% on X Layer. The cheapest place to borrow it is the Ethereum Maple SyrupUSDG spoke (V4) at 4.07%. Compare USDG rates on every Aave market.
Its base borrow rate is the 3rd lowest of the 8 markets with at least $250K of USDG to lend. A week ago suppliers earned 3.00% and the base borrow rate was 4.18%, with the hub 90.2% lent out. Over the past 30 days, the supply rate ranged from 1.73% to 3.67%, and the base borrow rate from 3.13% to 5.10% (one reading a day).
USDG on Aave V4 Gold: quick answers
What is the USDG supply APY on Aave V4 Gold?
3.19% 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 USDG on Aave V4 Gold?
The base borrow rate is 4.44%. 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 USDG as collateral on Aave V4 Gold?
No, USDG is not accepted as collateral on this spoke, although it can be supplied to earn interest.
Where else can I supply or borrow USDG on Aave?
The best supply rate is 3.19% on X Layer. The cheapest borrow rate is 4.07% on the Ethereum Maple SyrupUSDG spoke (V4). Only markets with real liquidity are counted.
USDG elsewhere on Aave
V3 markets and other V4 spokes
| Market | Supply APY | Borrow APY |
|---|---|---|
| Ethereum MainV4USDG · $74.70M | 3.19% | 4.44%base rate |
| Ethereum Maple SyrupUSDGV4USDG (Global Dollar hub) · $53.25M | 2.91% | 4.07%base rate |
| Ethereum CoreUSDG · $2.99M | 2.49% | 4.48% |
| X LayerUSDG · $1.27M | 3.19% | 4.53% |
| InkUSDG · $1.20M | 1.74% | 6.87% |
| Ethereum PAXG GoldV4USDG · $146K | 2.91% | 4.07%base rate |
| Ethereum Maple SyrupUSDGV4USDG (Core hub) · $0 | 3.19% | 4.44%base rate |
| Ethereum BluechipV4USDG · $0 | 3.19% | 4.44%base rate |
