FRAX Aave V3 reserve on Arbitrum One

Supply rate: 7.43% APR
Borrow rate: 11.13% APR
Total supplied: $347.22K of $6.97M
Total borrowed: $289.87K of $5.48M
Utilization Rate: 83.5%
Protocol: Aave V3
Asset Token: Frax
Blockchain: Arbitrum One
Internal id: 58

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

The variable borrow APR is currently 11.13% and the supply APR is currently 7.43%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of FRAX is approximately $1.52 / 24h.