WMATIC Aave V3 reserve on Polygon

Supply rate: 0.39% APR
Borrow rate: 1.80% APR
Total supplied: $15.72M of $24.51M
Total borrowed: $4.68M of $15.64M
Utilization Rate: 29.8%
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 1.80% and the supply APR is currently 0.39%.

At the current variable borrow rate, the cost of borrowing $5,000 USD worth of WMATIC is approximately $0.25 / 24h.