USDT on Ethereum V3

USDT

Tether USD

Market

Ethereum V3

Protocol

Aave

Supply APR

Current interest rate being earned by depositors

2.77%

Borrow APR

Current interest rate being paid by borrowers

4.09%

Supplied ($)

Total value currently deposited in USD terms

$4.69B

Borrowed ($)

Total value currently borrowed in USD terms

$3.53B

Oracle price

Asset price from market oracle

Supplied

4.69B USDT

Borrowed

3.52B USDT

Borrow APR chevron down

Supply APR chevron down

Supplied ($) chevron down

Borrowed ($) chevron down

Util

Supplied

Borrowed

Price ($)

Average USDT lending rates

Showing the average APRs over historical periods for USDT on Aave V3 Ethereum.

Rate	1d	7d	30d	6m	1y
Average Supply APR	1.90%	1.91%	1.94%	3.40%	3.47%
Average Borrow APR	3.38%	3.40%	3.42%	4.83%	4.93%

Showing daily snapshots (midnight UTC) for USDT on Aave V3 Ethereum.

Date	Supplied	Supply APR	Borrowed	Borrow APR
Mar 05, 2026	5.48B	2.00%	3.50B	3.47%
Mar 04, 2026	5.49B	1.87%	3.40B	3.36%
Mar 03, 2026	5.52B	1.89%	3.43B	3.38%
Mar 02, 2026	5.56B	1.93%	3.49B	3.41%
Mar 01, 2026	5.54B	2.00%	3.55B	3.48%
Feb 28, 2026	5.65B	1.93%	3.55B	3.41%
Feb 27, 2026	5.69B	1.87%	3.52B	3.36%

Showing monthly snapshots with average APRs over the preceding 30 days for USDT on Aave V3 Ethereum.

Date	Supplied	Supply APR 30d	Borrowed	Borrow APR 30d
Mar 01, 2026	5.54B	2.05%	3.55B	3.51%
Feb 01, 2026	6.54B	2.81%	4.79B	4.14%
Jan 01, 2026	5.77B	3.12%	4.49B	4.52%
Dec 01, 2025	6.08B	3.79%	4.60B	5.22%
Nov 01, 2025	6.41B	4.07%	4.92B	5.59%
Oct 01, 2025	6.37B	4.89%	5.40B	6.29%
Sep 01, 2025	7.12B	4.92%	5.84B	6.22%
Aug 01, 2025	7.22B	3.61%	6.11B	4.92%
Jul 01, 2025	5.14B	3.87%	3.76B	5.15%
Jun 01, 2025	3.95B	3.45%	3.32B	4.84%
May 01, 2025	3.87B	2.27%	2.25B	4.03%

Using the interest rate model to simulate the market rates in the event of a deposit, borrow, repayment or withdrawal.

Showing the immediate impact of deposit events for USDT 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
current	2.77%	4.09%	75.20%
$100.0M deposit	2.65% (-0.11%)	4.00% (-0.09%)	73.63%
$250.0M deposit	2.49% (-0.27%)	3.88% (-0.21%)	71.39%
$500.0M deposit	2.26% (-0.51%)	3.69% (-0.39%)	67.95%
$1.00B deposit	1.88% (-0.89%)	3.37% (-0.72%)	61.98%

Showing the immediate impact of borrow events for USDT 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
current	2.77%	4.09%	75.20%
$100.0M borrow	2.92% (+0.16%)	4.20% (+0.12%)	77.33%
$250.0M borrow	3.17% (+0.41%)	4.38% (+0.29%)	80.53%
$500.0M borrow	3.61% (+0.84%)	4.67% (+0.58%)	85.86%
$1.00B borrow	9.26% (+6.49%)	10.66% (+6.57%)	96.52%

Showing the immediate impact of repayment events for USDT 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
current	2.77%	4.09%	75.20%
$100.0M repayment	2.61% (-0.15%)	3.97% (-0.12%)	73.06%
$250.0M repayment	2.39% (-0.38%)	3.80% (-0.29%)	69.86%
$500.0M repayment	2.04% (-0.73%)	3.51% (-0.58%)	64.53%
$1.00B repayment	1.42% (-1.35%)	2.93% (-1.16%)	53.87%

Showing the immediate impact of withdrawal events for USDT 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
current	2.77%	4.09%	75.20%
$100.0M withdrawal	2.89% (+0.12%)	4.18% (+0.09%)	76.83%
$250.0M withdrawal	3.09% (+0.32%)	4.32% (+0.23%)	79.43%
$500.0M withdrawal	3.47% (+0.70%)	4.57% (+0.49%)	84.17%
$1.00B withdrawal	8.15% (+5.39%)	9.48% (+5.39%)	95.58%