USDt on Aave V4 Ethereum USDG Pendle

Q: What is the USDt supply APY on Aave V4 USDG Pendle?

7.18% a year right now. It is paid out of what borrowers across the Global Dollar hub pay and changes with every deposit, loan and repayment.

Q: What does it cost to borrow USDt on Aave V4 USDG Pendle?

The base borrow rate is 8.52%. 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 USDt as collateral on Aave V4 USDG Pendle?

No, USDt is not accepted as collateral on this spoke, although it can be supplied to earn interest.

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

The best supply rate is 4.68% on the Ethereum Bluechip spoke (V4). The cheapest borrow rate is 1.84% on Celo. Only markets with real liquidity are counted.

Live Tether USD (USDt) 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 2026-11-08 04:27 UTC

Supply APY

7.18%

earned by suppliers

Base borrow rate

8.52%

before any risk premium

Supplied here

$1.8K

1.76K USDt

Borrowed here

$1.7K

1.66K USDt

Hub utilization

94.2%

Global Dollar hub, all spokes

Available to borrow

$116

price $0.9988

USDt 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	1.76K of 13.00M USDt (0.0%)
Borrow cap used	1.66K of 13.00M USDt (0.0%)

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	Global Dollar hub
Supplied across the hub	$1.8K
Borrowed across the hub	$1.7K
Spokes sharing it	1
Liquidity fee	10.00%
USDt token	0xdAC1…1ec7
Spoke contract	0x956d…a7f9
Hub contract	0x62d6…0368

USDt utilization and interest rate curve

Hub utilization is 94.2% right now. Set by the Global Dollar hub: how the base rate responds as more of the supply gets borrowed.

Base borrow rate Supply rate

Up to 92% utilization the base rate climbs gently from 0.00% to 4.50%. Past that point it climbs steeply, reaching 24.50% when everything is lent out.

About USDt on the USDG Pendle spoke

Tether USD (USDt) is listed on the Aave V4 USDG Pendle spoke on Ethereum, which draws its liquidity from the Global Dollar hub. On this spoke $1.8K is supplied and $1.7K borrowed, nearly all of the USDt in the hub, which is shared by 1 spoke. $116 is available to borrow.

Suppliers earn 7.18% a year, and borrowers pay the hub's base rate of 8.52% plus a personal risk premium that depends on the collateral behind their loan. The hub is 94.2% borrowed. Up to 92% the base rate rises gently from 0.00% to 4.50%; above that it climbs steeply to 24.50% when everything is lent out.

USDt cannot be used as collateral on this spoke. The best USDT supply rate elsewhere on Aave is 4.68% on the Ethereum Bluechip spoke (V4). The cheapest place to borrow it is Celo at 1.84%. Compare USDT rates on every Aave market.

A week ago suppliers earned 3.05% and the base borrow rate was 4.11%, with the hub 82.9% lent out. Over the past 30 days, the supply rate ranged from <0.01% to 24.90%, and the base borrow rate from 0.11% to 27.76% (one reading a day).

USDt on Aave V4 USDG Pendle: quick answers

What is the USDt supply APY on Aave V4 USDG Pendle?

7.18% a year right now. It is paid out of what borrowers across the Global Dollar hub pay and changes with every deposit, loan and repayment.

What does it cost to borrow USDt on Aave V4 USDG Pendle?