DAI Aave V3 reserve on Arbitrum One

Supply rate: 1.79% APR
Borrow rate: 3.99% APR
Total supplied: $7.85M of $17.20M
Total borrowed: $4.55M of $15.82M
Utilization Rate: 58.0%
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 3.99% and the supply APR is currently 1.79%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of DAI is approximately $0.55 / 24h.