WMATIC Aave V3 reserve on Polygon

Supply rate: 0.26% APR
Borrow rate: 1.48% APR
Total supplied: $15.67M of $25.71M
Total borrowed: $4.00M of $9.96M
Utilization Rate: 25.5%
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 1.48% and the supply APR is currently 0.26%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of WMATIC is approximately $0.20 / 24h.