USDC Aave V3 reserve on Arbitrum One

Supply rate: 2.46% APR
Borrow rate: 4.27% APR
Total supplied: $242.55M of $699.96M
Total borrowed: $156.93M of $639.96M
Utilization Rate: 64.7%
Protocol: Aave V3
Asset Token: USD Coin
Blockchain: Arbitrum One
Internal id: 57

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

The variable borrow APR is currently 4.27% and the supply APR is currently 2.46%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of USDC is approximately $0.58 / 24h.