Stablecoins
Explore stablecoins across Aave lending markets. Compare market sizes,
utilization, yields and borrow rates.
New methodology
We show stablecoins that earn a native supply rate and now omit yield-bearing wrappers used as collateral only (updated Feb 4th).
|
Asset
|
Market
|
Supplied ($)
|
Supply APR
|
Borrowed ($)
|
Borrow APR
|
30d APR
|
|---|---|---|---|---|---|---|
 Ethereum V3
|
$5.96B | 1.84% | $3.66B | 3.33% | ||
|
Ethereum V3
|
$3.91B | 2.33% | $2.70B | 3.75% | ||
 Plasma V3
|
$2.01B |
3.12%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Lend USDT0 on Aave (net lending)
Protocol APR: 2.62%
Reward APR: 0.50% WXPL
Total APR: 3.12%
|
$1.43B |
3.32%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Borrow USDT0 from Aave (net borrow)
Protocol APR: 3.87%
Reward APR: 0.55% USDT0
Total APR: 3.32%
|
||
|
Ethereum V3
|
$1.06B |
4.49%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Lend sUSDe and USDe on Aave (looping required)
Protocol APR: 1.24%
Reward APR: 3.25% aEthUSDe
Total APR: 4.49%
|
$564.9M | 3.10% | ||
|
Plasma V3
|
$636.1M |
4.41%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Lend sUSDe and USDe on Aave (looping required)
Protocol APR: 1.17%
Reward APR: 3.24% aPlaUSDe
Total APR: 4.41%
|
$319.4M | 3.10% | ||
|
Ethereum V3
|
$617.8M |
5.06%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Lend RLUSD on Aave Core (net lending)
Protocol APR: 0.90%
Reward APR: 4.16% aEthRLUSD
Total APR: 5.06%
|
$198.7M | 3.51% | ||
|
Ethereum V3
|
$463.9M |
4.10%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Lend PYUSD on Aave (net lending)
Protocol APR: 1.61%
Reward APR: 2.49% aEthPYUSD
Total APR: 4.10%
|
$263.3M | 3.15% | ||
 Base V3
|
$436.7M | 3.33% | $356.6M | 4.54% | ||
 Arbitrum V3
|
$280.4M | 1.84% | $170.0M | 3.37% | ||
|
Horizon V3
|
$219.0M |
4.82%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Lend RLUSD on Aave Horizon (net lending)
Protocol APR: 0.83%
Reward APR: 3.99% aHorRwaRLUSD
Total APR: 4.82%
|
$89.0M | 2.26% | ||
|
Ethereum V3
|
$201.1M |
4.08%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Lend USDtb on Aave
Protocol APR: 0.58%
Reward APR: 3.50% aUSDtb
Total APR: 4.08%
|
$68.5M | 2.13% | ||
|
Ethereum V3
|
$185.4M | 0.00% | $105.7M | 3.50% | ||
|
Ethereum V3
|
$156.2M | 1.90% | $106.5M | 3.71% | ||
|
Prime
|
$117.9M | 1.61% | $74.1M | 2.85% | ||
 Avalanche V3
|
$104.9M | 2.72% | $77.3M | 4.10% | ||
|
Arbitrum V3
|
$88.0M | 1.55% | $48.9M | 3.09% | ||
|
Ethereum V3
|
$83.9M | 2.56% | $57.2M |
1.67%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Borrow EURC from Aave (net borrow)
Protocol APR: 4.17%
Reward APR: 2.50% EURC
Total APR: 1.67%
|
||
|
Horizon V3
|
$79.6M | 0.24% | $5.01M | 4.25% | ||
|
Avalanche V3
|
$72.7M | 1.35% | $37.8M | 2.90% | ||
 Polygon V3
|
$46.1M | 2.04% | $24.0M | 5.21% | ||
|
Ethereum V3
|
$45.9M | 0.40% | $4.40M | 5.58% | ||
|
Polygon V3
|
$41.5M | 2.08% | $21.1M | 5.10% | ||
|
Horizon V3
|
$37.1M | 3.35% | $24.4M |
2.66%
Market is eligible for incentives via Merkl (merkl.xyz).
Action: Borrow USDC from Aave Horizon market (net borrow)
Protocol APR: 5.66%
Reward APR: 3.00% aHorRwaUSDC
Total APR: 2.66%
|
||
|
Ethereum V3
|
$34.5M | 3.46% | $26.2M | 5.70% | ||
|
Base V3
|
$25.1M | 0.42% | $5.94M | 1.97% | ||
 Optimism V3
|
$19.3M | 1.92% | $12.0M | 3.45% | ||
 Sonic V3
|
$9.28M | 0.73% | $2.71M | 2.79% | ||
|
Base V3
|
$7.44M | 2.52% | $3.96M | 5.25% | ||
 Linea V3
|
$7.14M | 2.43% | $4.98M | 3.87% | ||
|
Optimism V3
|
$7.01M | 1.79% | $4.19M | 3.32% | ||
|
Prime
|
$5.42M | 2.21% | $3.48M | 3.83% | ||
|
Polygon V3
|
$5.11M | 2.36% | $3.72M | 8.10% | ||
|
Polygon V3
|
$4.79M | 2.96% | $3.01M | 6.29% | ||
|
Arbitrum V3
|
$4.47M | 2.39% | $3.38M | 4.20% | ||
|
Avalanche V3
|
$2.33M | 4.15% | $2.02M | 5.32% | ||
|
Polygon V3
|
$2.15M | 0.97% | $720.1K | 5.77% | ||
|
Linea V3
|
$2.07M | 1.52% | $1.14M | 3.06% | ||
|
Optimism V3
|
$1.99M | 1.38% | $989.0K | 5.53% | ||
|
Arbitrum V3
|
$1.91M | 2.99% | $1.41M | 4.51% | ||
|
Arbitrum V3
|
$1.83M | 1.72% | $1.02M | 6.17% | ||
|
Ethereum V3
|
$1.73M | 1.51% | $950.5K | 3.43% | ||
|
Avalanche V3
|
$1.45M | 2.23% | $925.3K | 3.89% | ||
|
Optimism V3
|
$926.2K | 2.30% | $688.0K | 4.13% | ||
|
Base V3
|
$521.6K | 0.88% | $207.7K | 4.42% | ||
|
Avalanche V3
|
$319.4K | 3.82% | $279.2K | 4.86% | ||
|
Prime
|
$262.3K | 2.06% | $142.0K | 5.09% | ||
|
Ethereum V3
|
$236.2K | 2.93% | $172.7K | 5.02% | ||
|
Arbitrum V3
|
$204.9K | 1.74% | $111.4K | 6.42% | ||
|
Linea V3
|
$138.1K | 0.67% | $44.3K | 2.61% | ||
|
Optimism V3
|
$72.9K | 2.89% | $52.9K | 4.99% | ||
 MegaETH V3
|
$61.0K | 0.01% | $2.0K | 0.18% | ||
|
Optimism V3
|
$45.2K | 2.13% | $29.6K | 6.50% | ||
|
Ethereum V3
|
$38.3K | 0.72% | $12.7K | 2.70% | ||
|
Polygon V3
|
$33.4K | 0.05% | $3.3K | 0.60% | ||
|
MegaETH V3
|
$27.9K | 0.06% | $3.1K | 0.62% | ||
|
Arbitrum V3
|
$12.4K | 1.97% | $7.5K | 4.12% | ||
|
Polygon V3
|
$7.8K | 0.42% | $2.1K | 1.97% | ||
|
Avalanche V3
|
$2.8K | 0.29% | $622 | 1.78% |
