USDG (Core hub) on Aave V4 USDG Pendle

Live Global Dollar (USDG) rates on the Aave V4 USDG Pendle 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 2026-09-21 08:51 UTC

Supply APY

2.35%

plus rewards

Base borrow rate

3.61%

before any risk premium

Supplied here

0 USDG

Borrowed here

$9.81M

9.81M USDG

Hub utilization

81.4%

Core hub, all spokes

Available to borrow

$5.19M

price $1.0000

USDG supply and borrow rate history

Averages published by Aave's V4 API

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	No cap
Borrow cap used	9.81M of 15.00M USDG (65.4%)

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	$75.46M
Borrowed across the hub	$61.39M
Spokes sharing it	6
Liquidity fee	20.00%
USDG token	0xe343…491D
Spoke contract	0x956d…a7f9
Hub contract	0xCca8…26c9

USDG utilization and interest rate curve

Hub utilization is 81.4% 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 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.

USDG elsewhere on Aave

V3 markets and other V4 spokes

Compare all →

Market	Total supplied	Supply APY	Total borrowed	Borrow APY	Utilization
Ethereum MainV4USDG · $75.46M	$75.46M75.46M USDG	2.35%	$37.99M37.99M USDG	3.61%base rate	81.4%
Ethereum Maple SyrupUSDGV4USDG (Global Dollar hub) · $36.11M	$36.11M36.11M USDG	2.80%	$31.92M31.92M USDG	3.95%base rate	88.8%
Ethereum CoreUSDG · $7.08M	$7.08M7.08M USDG	2.96%	$5.41M5.41M USDG	4.89%	76.4%
InkUSDG · $1.82M	$1.82M1.82M USDG	1.43%	$1.04M1.04M USDG	2.79%	57.1%
X LayerUSDG · $1.49M	$1.49M1.49M USDG	2.81%	$1.10M1.10M USDG	4.25%	74.0%
Ethereum PAXG GoldV4USDG · $661K	$661K661.04K USDG	2.80%	$841K840.62K USDG	3.95%base rate	88.8%
Ethereum Maple SyrupUSDGV4USDG (Core hub) · $0	$00 USDG	2.35%	$10.00M10.00M USDG	3.61%base rate	81.4%
Ethereum BluechipV4USDG · $0	$00 USDG	2.35%	$272K271.59K USDG	3.61%base rate	81.4%