cbBTC on Aave V4 Ethereum Main

Q: What is the cbBTC supply APY on Aave V4 Main?

<0.01% a year right now. It is paid out of what borrowers across the Core hub pay and changes with every deposit, loan and repayment.

Q: What does it cost to borrow cbBTC on Aave V4 Main?

The base borrow rate is 0.27%. 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.

Q: Can I use cbBTC as collateral on Aave V4 Main?

Yes, with a collateral factor of 85%: you can borrow up to that share of its value. Safer collateral lowers your risk premium.

Q: Where else can I supply or borrow CBBTC on Aave?

The best supply rate is <0.01% on Base. The cheapest borrow rate is 0.28% on Ethereum Core. Only markets with real liquidity are counted.

Live Coinbase WBTC (cbBTC) rates on the Aave V4 Main 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

<0.01%

earned by suppliers

Base borrow rate

0.27%

before any risk premium

Supplied here

$12.19M

160.82 cbBTC

Borrowed here

$50.0K

0.659 cbBTC

Hub utilization

0.4%

Core hub, all spokes

Available to borrow

$1.92M

price $75.8K

cbBTC 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	85.00%
Collateral risk score	0.00%
Max liquidation bonus	5.55%
Liquidation fee	10.00%
Supply cap used	160.82 of 500.00 cbBTC (32.2%)
Borrow cap used	0.659 of 26.00 cbBTC (2.5%)

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	$12.19M
Borrowed across the hub	$50.6K
Spokes sharing it	2
Liquidity fee	20.00%
cbBTC token	0xcbB7…33Bf
Spoke contract	0x94e7…c485
Hub contract	0xCca8…26c9

cbBTC utilization and interest rate curve

Hub utilization is 0.4% 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 80% utilization the base rate climbs gently from 0.25% to 4.25%. Past that point it climbs steeply, reaching 64.25% when everything is lent out.

About cbBTC on the Main spoke

Coinbase WBTC (cbBTC) is listed on the Aave V4 Main spoke on Ethereum, which draws its liquidity from the Core hub. On this spoke $12.19M is supplied and $50.0K borrowed, nearly all of the cbBTC in the hub, which is shared by 2 spokes. $1.92M is available to borrow.

Suppliers earn <0.01% a year, and borrowers pay the hub's base rate of 0.27% plus a personal risk premium that depends on the collateral behind their loan. The hub is 0.4% borrowed. Up to 80% the base rate rises gently from 0.25% to 4.25%; above that it climbs steeply to 64.25% when everything is lent out.

cbBTC can back loans here with a collateral factor of 85%. Its collateral risk score of 0% feeds the borrower's risk premium, and liquidators can earn a bonus of up to 5.5%. The best CBBTC supply rate elsewhere on Aave is <0.01% on Base. The cheapest place to borrow it is Ethereum Core at 0.28%. Compare CBBTC rates on every Aave market.

Among the 4 Aave markets with at least $1M of CBBTC supplied, this one pays the 3rd highest supply rate. Its base borrow rate is the lowest of the 3 markets with at least $250K of CBBTC to lend. A week ago suppliers earned <0.01% and the base borrow rate was 0.35%, with the hub 2.0% lent out. Over the past 30 days, the supply rate ranged from <0.01% to 0.03%, and the base borrow rate from 0.27% to 0.59% (one reading a day).

cbBTC on Aave V4 Main: quick answers

What is the cbBTC supply APY on Aave V4 Main?

<0.01% 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 cbBTC on Aave V4 Main?