Aave Tracker

Aave V4 Main 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 14 assets. Click an asset for its history, rate curve and risk settings.

Data from Aave's V4 API · updated

Total supplied

$459.5M

 

Total borrowed

$116.1M

25.3% of supply

Assets

14

10 can be borrowed

Liquidation target

1.24

health factor a liquidation aims to restore

Assets on the Aave V4 Main spoke
Asset Total supplied Supply APY Total borrowed Borrow APY Utilization
WETHWrapped Ether$97.45M supplied $97.45M43.62K WETH 1.70% $4.63M2.07K WETH 2.20%base rate 91.1%
USDGGlobal Dollar$74.70M supplied $74.70M74.70M USDG 3.19% $52.53M52.53M USDG 4.44%base rate 90.3%
wstETHWrapped stEth$63.34M supplied $63.34M22.70K wstETH 0.00% $00 wstETH not borrowable– 0.0%
USDCUSD Coin$55.73M supplied $55.73M55.74M USDC 4.59% $38.62M38.63M USDC 5.61%base rate 91.4%
WBTCWrapped BTC$48.44M supplied $48.44M639.14 WBTC <0.01% $297K3.92 WBTC 0.28%base rate 0.6%
weETHWrapped eETH$47.53M supplied $47.53M19.20K weETH 0.00% $00 weETH not borrowable– 0.0%
frxUSDFrax USD$27.62M supplied $27.62M27.63M frxUSD 2.69% $3.67M3.67M frxUSD 3.91%base rate 86.5%
USDtTether USD$19.00M supplied $19.00M19.03M USDt 3.72% $14.66M14.68M USDt 4.56%base rate 91.2%
cbBTCCoinbase WBTC$12.19M supplied $12.19M160.82 cbBTC <0.01% $50.0K0.659 cbBTC 0.27%base rate 0.4%
LINKChainLink Token$8.03M supplied $8.03M745.76K LINK 0.00% $00 LINK not borrowable– 0.0%
AAVEAave Token$4.39M supplied $4.39M33.39K AAVE 0.00% $00 AAVE not borrowable– 0.0%
GHOGHO$663K supplied $663K663.26K GHO 3.62% $586K586.15K GHO 4.47%base rate 90.3%
EURCEURC$388K supplied $388K348.75K EURC 1.98% $1.06M955.64K EURC 3.71%base rate 59.7%
RLUSDRLUSD$384 supplied $384383.77 RLUSD 2.03% $272271.93 RLUSD 3.61%base rate 70.9%

About the Main spoke

The Main spoke runs on Ethereum and lists 14 assets: 10 can be borrowed and 7 can back loans. It draws its liquidity from one hub. By deposits it is the largest of the 24 Aave V4 spokes. $459.5M is supplied and $116.1M borrowed, so 25.3% of deposits are lent out.

The largest pools are WETH ($97.45M), USDG ($74.70M) and wstETH ($63.34M). Borrowers mostly take USDG ($52.53M), USDC ($38.62M) and USDt ($14.66M). Stablecoins make up 95% 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 1.24, rather than a fixed share of the debt. See Aave V4 explained and the V4 overview.

Aave V4 Main spoke: quick answers

How big is the Aave V4 Main spoke?

$459.5M is supplied and $116.1M borrowed across 14 assets on Ethereum. The largest are WETH ($97.45M), USDG ($74.70M) and wstETH ($63.34M).

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

cbBTC at a 0.27% base rate, among assets with at least $250K available. A borrower's risk premium comes on top.

Draws liquidity from: Core hub. Spoke contract: 0x94e7…c485