WMATIC Aave V3 reserve on Polygon

Supply rate: 0.74% APR
Borrow rate: 2.48% APR
Total supplied: $15.26M of $26.30M
Total borrowed: $5.66M of $16.78M
Utilization Rate: 37.1%
Protocol: Aave V3
Asset Token: Wrapped Matic
Blockchain: Polygon
Internal id: 8

The asset token Wrapped Matic, which trades as WMATIC on Polygon, is available to borrow as an Aave V3 lending reserve.

The variable borrow APR is currently 2.48% and the supply APR is currently 0.74%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of WMATIC is approximately $0.34 / 24h.