Average USDC lending rates
Showing the average APRs over historical periods for USDC on Aave V3 Ethereum (incentives not included).
| Rate | 1d | 7d | 30d | 6m | 1y |
|---|---|---|---|---|---|
| Average Supply APR | 2.21% | 2.11% | 1.94% | 3.28% | 3.54% |
| Average Borrow APR | 3.28% | 3.20% | 3.20% | 4.62% | 4.89% |
Daily snapshots
Showing daily snapshots (midnight UTC) for USDC on Aave V3 Ethereum.
|
Date
|
Supplied
|
Supply APR
|
Borrowed
|
Borrow APR
|
|---|---|---|---|---|
| Mar 26, 2026 | 3.33B | 2.26% | 2.53B | 3.30% |
| Mar 25, 2026 | 3.32B | 2.35% | 2.57B | 3.37% |
| Mar 24, 2026 | 3.33B | 2.35% | 2.58B | 3.37% |
| Mar 23, 2026 | 3.38B | 2.23% | 2.55B | 3.28% |
| Mar 22, 2026 | 3.36B | 2.24% | 2.54B | 3.29% |
| Mar 21, 2026 | 3.37B | 2.20% | 2.53B | 3.26% |
| Mar 20, 2026 | 3.37B | 2.20% | 2.53B | 3.26% |
Monthly snapshots
Showing monthly snapshots (first day of month, midnight UTC) for USDC on Aave V3 Ethereum.
|
Date
|
Supplied
|
Supply APR
|
Borrowed
|
Borrow APR
|
|---|---|---|---|---|
| Mar 01, 2026 | 3.72B | 2.10% | 2.44B | 3.56% |
| Feb 01, 2026 | 4.05B | 3.99% | 3.66B | 4.91% |
| Jan 01, 2026 | 4.73B | 3.43% | 3.78B | 4.77% |
| Dec 01, 2025 | 4.62B | 3.44% | 3.69B | 4.78% |
| Nov 01, 2025 | 5.34B | 3.60% | 4.18B | 5.11% |
| Oct 01, 2025 | 5.60B | 3.97% | 4.42B | 5.58% |
| Sep 01, 2025 | 6.14B | 4.01% | 4.87B | 5.61% |
| Aug 01, 2025 | 3.97B | 4.23% | 3.51B | 5.30% |
| Jul 01, 2025 | 2.87B | 3.73% | 2.39B | 4.98% |
| Jun 01, 2025 | 2.49B | 3.87% | 2.11B | 5.07% |
| May 01, 2025 | 2.43B | 2.80% | 1.68B | 4.51% |
| Apr 01, 2025 | 2.74B | 2.95% | 1.95B | 4.62% |
Liquidity impact
Using the interest rate model to simulate the market rates in the event of a deposit, borrow, repayment or withdrawal (incentives not included).
Showing the immediate impact of deposit events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the deposit (change from current)
|
Borrow APR
Borrow APR after the deposit (change from current)
|
Utilization
Utilization after the deposit
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after deposit (circle)
|
|---|---|---|---|---|
| current | 2.15% | 3.22% | 74.16% | |
| $100.0M deposit | 2.03% (-0.12%) | 3.13% (-0.09%) | 72.05% | |
| $250.0M deposit | 1.87% (-0.28%) | 3.00% (-0.22%) | 69.11% | |
| $500.0M deposit | 1.64% (-0.51%) | 2.81% (-0.41%) | 64.70% | |
| $1.00B deposit | 1.29% (-0.86%) | 2.49% (-0.73%) | 57.38% |
Showing the immediate impact of borrow events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the borrow (change from current)
|
Borrow APR
Borrow APR after the borrow (change from current)
|
Utilization
Utilization after the borrow
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after borrow (circle)
|
|---|---|---|---|---|
| current | 2.15% | 3.22% | 74.16% | |
| $50.0M borrow | 2.24% (+0.09%) | 3.29% (+0.06%) | 75.62% | |
| $100.0M borrow | 2.33% (+0.17%) | 3.35% (+0.13%) | 77.08% | |
| $250.0M borrow | 2.60% (+0.45%) | 3.54% (+0.32%) | 81.47% | |
| $500.0M borrow | 3.08% (+0.93%) | 3.86% (+0.64%) | 88.78% |
Showing the immediate impact of repayment events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the repayment (change from current)
|
Borrow APR
Borrow APR after the repayment (change from current)
|
Utilization
Utilization after the repayment
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after repayment (circle)
|
|---|---|---|---|---|
| current | 2.15% | 3.22% | 74.16% | |
| $100.0M repayment | 1.99% (-0.17%) | 3.10% (-0.13%) | 71.24% | |
| $250.0M repayment | 1.75% (-0.40%) | 2.91% (-0.32%) | 66.85% | |
| $500.0M repayment | 1.39% (-0.76%) | 2.59% (-0.64%) | 59.54% | |
| $1.00B repayment | 0.79% (-1.36%) | 1.95% (-1.27%) | 44.92% |
Showing the immediate impact of withdrawal events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the withdrawal (change from current)
|
Borrow APR
Borrow APR after the withdrawal (change from current)
|
Utilization
Utilization after the withdrawal
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after withdrawal (circle)
|
|---|---|---|---|---|
| current | 2.15% | 3.22% | 74.16% | |
| $50.0M withdrawal | 2.22% (+0.06%) | 3.27% (+0.05%) | 75.26% | |
| $100.0M withdrawal | 2.28% (+0.13%) | 3.32% (+0.10%) | 76.39% | |
| $250.0M withdrawal | 2.50% (+0.35%) | 3.48% (+0.25%) | 80.01% | |
| $500.0M withdrawal | 2.95% (+0.80%) | 3.78% (+0.55%) | 86.86% |