FRAX Aave V3 reserve on Ethereum

Supply rate: 8.86% APR
Borrow rate: 12.40% APR
Total supplied: $841.02K of $14.95M
Total borrowed: $739.10K of $11.96M
Utilization Rate: 87.9%
Protocol: Aave V3
Asset Token: Frax
Blockchain: Ethereum
Internal id: 59

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

The variable borrow APR is currently 12.40% and the supply APR is currently 8.86%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of FRAX is approximately $1.70 / 24h.