WMATIC Aave V3 reserve on Polygon

Supply rate: 2.16% APR
Borrow rate: 4.24% APR
Total supplied: $27.77M of $44.66M
Total borrowed: $17.68M of $28.50M
Utilization Rate: 63.7%
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 4.24% and the supply APR is currently 2.16%.

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