DAI Aave V3 reserve on Arbitrum One

Supply rate: 8.28% APR
Borrow rate: 12.15% APR
Total supplied: $9.65M of $50.01M
Total borrowed: $8.67M of $30.00M
Utilization Rate: 89.9%
Protocol: Aave V3
Asset Token: Dai Stablecoin
Blockchain: Arbitrum One
Internal id: 32

The asset token Dai Stablecoin, which trades as DAI on Arbitrum One, is available to borrow as an Aave V3 lending reserve.

The variable borrow APR is currently 12.15% and the supply APR is currently 8.28%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of DAI is approximately $1.66 / 24h.