WMATIC Aave V3 reserve on Polygon

Supply rate: 1.29% APR
Borrow rate: 3.28% APR
Total supplied: $11.52M of $18.45M
Total borrowed: $5.63M of $11.77M
Utilization Rate: 48.9%
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 3.28% and the supply APR is currently 1.29%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of WMATIC is approximately $0.45 / 24h.