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Live and historical data for Aave
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USDC
USDC token icon USDC
USD Coin
Market
Issuer
Supply APR
Current interest rate being earned by depositors
2.62%
Borrow APR
Current interest rate being paid by borrowers
3.09%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Borrow USDC from Aave Horizon market
Protocol APR: 4.84%
Reward APR: 1.75% aHorRwaUSDC
Total APR: 3.09%
Supplied ($)
Total value currently deposited in USD terms
$11.4M
Borrowed ($)
Total value currently borrowed in USD terms
$6.87M
Oracle price
Asset price from market oracle
$1
Supplied
11.4M USDC
Borrowed
6.88M USDC
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Line chart showing historical data for USDC on Horizon V3 Line chart showing historical data for USDC on Horizon V3
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Borrow APR chevron down
Line chart showing Borrow APR for USDC on Horizon V3 Line chart showing Borrow APR for USDC on Horizon V3
Supply APR chevron down
Line chart showing Supply APR for USDC on Horizon V3 Line chart showing Supply APR for USDC on Horizon V3
Supplied ($) chevron down
Line chart showing Supplied ($) for USDC on Horizon V3 Line chart showing Supplied ($) for USDC on Horizon V3
Borrowed ($) chevron down
Line chart showing Borrowed ($) for USDC on Horizon V3 Line chart showing Borrowed ($) for USDC on Horizon V3
Util chevron down
Line chart showing Util for USDC on Horizon V3 Line chart showing Util for USDC on Horizon V3
Supplied chevron down
Line chart showing Supplied for USDC on Horizon V3 Line chart showing Supplied for USDC on Horizon V3
Borrowed chevron down
Line chart showing Borrowed for USDC on Horizon V3 Line chart showing Borrowed for USDC on Horizon V3
Price ($) chevron down
Line chart showing Price ($) for USDC on Horizon V3 Line chart showing Price ($) for USDC on Horizon V3

Average USDC lending rates

Showing the average APRs over historical periods for USDC on Aave V3 Horizon (incentives not included).

Rate1d7d30d6m1y
Average Supply APR 2.78%2.33%2.36%3.83%N/A
Average Borrow APR 5.15%4.64%4.64%6.00%N/A

Daily snapshots

Showing daily snapshots (midnight UTC) for USDC on Aave V3 Horizon. Rate APRs include incentives.

Date
Supplied
Supply APR
Borrowed
Borrow APR
Apr 14, 2026 11.5M 2.58% 6.88M 3.06%
Apr 13, 2026 11.4M 2.16% 6.11M 2.73%
Apr 12, 2026 11.5M 2.13% 6.11M 2.70%
Apr 11, 2026 11.4M 2.15% 6.11M 2.72%
Apr 10, 2026 11.2M 2.22% 6.11M 2.78%
Apr 09, 2026 11.1M 2.25% 6.11M 2.80%
Apr 08, 2026 12.3M 2.84% 7.78M 3.25%
Sign in to download CSV Download 90 days CSV Pro users get full history PRODownload Entire History CSV

Monthly snapshots

Showing monthly snapshots (first day of month, midnight UTC) for USDC on Aave V3 Horizon. Rate APRs include incentives.

Date
Supplied
Supply APR
Borrowed
Borrow APR
Apr 01, 2026 15.0M 2.69% 9.16M 3.14%
Mar 01, 2026 18.3M 3.99% 14.1M 4.02%
Feb 01, 2026 34.1M 4.22% 25.8M 3.00%
Jan 01, 2026 32.3M 5.34% 26.9M 3.62%
Dec 01, 2025 25.1M 3.95% 17.4M 2.84%
Nov 01, 2025 18.9M 5.26% 15.6M 3.58%
Oct 01, 2025 19.9M 5.09% 16.1M 3.49%
Sep 01, 2025 8.01M 2.99% 6.19M 4.30%
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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 Horizon.

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 (90%) and the utilization after deposit (circle)
current 2.62% 4.84% 60.07%
$1.00M deposit 2.27% (-0.34%) 4.57% (-0.27%) 55.25%
$5.00M deposit 1.44% (-1.18%) 3.82% (-1.01%) 41.81%
$10.0M deposit 0.95% (-1.67%) 3.28% (-1.56%) 32.06%

Showing the immediate impact of borrow events for USDC on Aave V3 Horizon.

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 (90%) and the utilization after borrow (circle)
current 2.62% 4.84% 60.07%
$1.00M borrow 3.30% (+0.68%) 5.32% (+0.49%) 68.81%

Showing the immediate impact of repayment events for USDC on Aave V3 Horizon.

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 (90%) and the utilization after repayment (circle)
current 2.62% 4.84% 60.07%
$1.00M repayment 2.01% (-0.60%) 4.35% (-0.49%) 51.33%
$5.00M repayment 0.36% (-2.26%) 2.41% (-2.43%) 16.38%

Showing the immediate impact of withdrawal events for USDC on Aave V3 Horizon.

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 (90%) and the utilization after withdrawal (circle)
current 2.62% 4.84% 60.07%
$1.00M withdrawal 3.06% (+0.44%) 5.16% (+0.32%) 65.83%