DAI Aave V3 reserve on Arbitrum One

Supply rate: 3.24% APR
Borrow rate: 5.14% APR
Total supplied: $7.03M of $15.61M
Total borrowed: $5.82M of $13.05M
Utilization Rate: 82.8%
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 5.14% and the supply APR is currently 3.24%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of DAI is approximately $0.70 / 24h.