Aave V4 USDC borrow rate
The live base borrow rate for USDC in the Aave V4 Core hub on Ethereum, plus its exact average, day by day since V4 launched.
Current base borrow rate
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Rates on Aave can jump for a few minutes at a time. Short spikes like this are already counted in the averages below.
- Asset
- USDC
- Market
- Aave V4 · Core hub
- Last saved reading
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- Next saved reading
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Average rate
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Lowest day
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Highest day
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Daily average rate
Each point is one day's average
Average for this period Today so far
| Day | Average rate |
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How this is measured
Every hour this site saves a reading straight from Aave's smart contract on Ethereum, the same source the Aave app uses. Daily averages come from Aave's running interest index, so they show exactly what accrued, including short spikes between readings. History before tracking began was loaded the same way from the blockchain's archive. Days follow UTC. This is the hub's base rate, shown the way the Aave V4 app shows it. A borrower's personal risk premium, if any, comes on top.
Read more: why the average rate differs from the current rate. Planning a loan? Try the borrow cost calculator, or download the daily history (CSV).
Aave V4 USDC borrow rate: quick answers
What is the average USDC base borrow rate on Aave V4?
5.84% over the last 30 days and 4.78% since 2026-03-24, in the Aave V4 Core hub on Ethereum. These are exact averages of what accrued, short spikes included.
What was the highest daily USDC base borrow rate on Aave V4 in the past year?
12.28% on 2026-06-30, as a full-day average. The lowest day was 1.06% on 2026-03-30.
Why is the average different from the live rate?
The live rate is a snapshot. The variable rate moves with every loan and repayment, and can spike for minutes when the pool is nearly empty. The daily average counts all of that, so it is what borrowers really paid.
Can I download the history?
Yes. The CSV download link on this page gives one row per day with the exact average rate.