WETH on Aave V4 Ethereum Main

Wrapped Ether (WETH) is listed on the Aave V4 Main spoke on Ethereum, which draws its liquidity from the Core hub. On this spoke $97.45M is supplied and $4.63M borrowed, nearly all of the WETH in the hub, which is shared by 4 spokes. $2.74M is available to borrow.

Suppliers earn 1.70% a year, and borrowers pay the hub's base rate of 2.20% plus a personal risk premium that depends on the collateral behind their loan. The hub is 91.1% borrowed. Up to 92% the base rate rises gently from 0.00% to 2.20%; above that it climbs steeply to 10.20% when everything is lent out.

WETH can back loans here with a collateral factor of 84%. 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 WETH supply rate elsewhere on Aave is 1.61% on Monad. The cheapest place to borrow it is Celo at 0.24%. Compare WETH rates on every Aave market.

Among the 14 Aave markets with at least $1M of WETH supplied, this one pays the highest supply rate. Its base borrow rate is the 12th lowest of the 14 markets with at least $250K of WETH to lend. A week ago suppliers earned 1.70% and the base borrow rate was 2.20%, with the hub 91.1% lent out. Over the past 30 days, the supply rate ranged from 1.58% to 5.26%, and the base borrow rate from 2.12% to 6.47% (one reading a day).