USDC Lending Rates
USD Coin
$0.999873
Updated 12d ago
Best Supply APY
11.21%
Aave V3 · Ethereum
Lowest Borrow APY
3.41%
Aave V3 · Arbitrum
Total Liquidity
$2.5B
Markets
9
| Protocol | Chain | Supply APY | Borrow APY | Utilization | Total Supply | Total Borrow |
|---|---|---|---|---|---|---|
 Aave V3
Best Yield
|  Ethereum | 11.21% | 12.61% | 98.81% | $2.1B | $2.1B |
 Compound V3 | Ethereum | 5.76% | 6.84% | 90.79% | $362.6M | $329.2M |
 Morpho Blue | Ethereum | 5.57% | 6.15% | 90.84% | $1.4M | $1.3M |
| Morpho Blue | Ethereum | 5.45% | 6.07% | 90.12% | $19.4M | $17.5M |
| Compound V3 |  Base | 4.87% | 5.84% | 90.51% | $9.3M | $8.4M |
| Morpho Blue | Ethereum | 4.49% | 5.00% | 90.01% | $45.8K | $41.2K |
 Spark | Ethereum | 3.47% | 4.19% | 92.08% | $25.2M | $23.2M |
| Compound V3 |  Arbitrum | 2.80% | 3.66% | 77.71% | $14.8M | $11.5M |
| Aave V3
Lowest Borrow
| Arbitrum | 2.36% | 3.41% | 76.76% | — | — |
Aave V3 Ethereum Supply APY
11.21%
Borrow APY
12.61%
Utilization 98.81%
Total Supply
$2.1B
Total Borrow
$2.1B
Compound V3 Ethereum Supply APY
5.76%
Borrow APY
6.84%
Utilization 90.79%
Total Supply
$362.6M
Total Borrow
$329.2M
Morpho Blue Ethereum Supply APY
5.57%
Borrow APY
6.15%
Utilization 90.84%
Total Supply
$1.4M
Total Borrow
$1.3M
Morpho Blue Ethereum Supply APY
5.45%
Borrow APY
6.07%
Utilization 90.12%
Total Supply
$19.4M
Total Borrow
$17.5M
Compound V3 Base Supply APY
4.87%
Borrow APY
5.84%
Utilization 90.51%
Total Supply
$9.3M
Total Borrow
$8.4M
Morpho Blue Ethereum Supply APY
4.49%
Borrow APY
5.00%
Utilization 90.01%
Total Supply
$45.8K
Total Borrow
$41.2K
Spark Ethereum Supply APY
3.47%
Borrow APY
4.19%
Utilization 92.08%
Total Supply
$25.2M
Total Borrow
$23.2M
Compound V3 Arbitrum Supply APY
2.80%
Borrow APY
3.66%
Utilization 77.71%
Total Supply
$14.8M
Total Borrow
$11.5M
Aave V3 Arbitrum Supply APY
2.36%
Borrow APY
3.41%
Utilization 76.76%
Total Supply
—
Total Borrow
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This page compares USDC lending rates across all tracked DeFi protocols in real time.
This page compares USDC lending rates across all tracked DeFi protocols in real time. Supply APY shows what lenders earn by depositing USDC, while borrow APY shows the cost of borrowing it against posted collateral. Rates differ between protocols due to their liquidity model, utilization level, and interest rate curve parameters. Higher utilization generally means higher rates for both suppliers and borrowers. Currently, the best supply rate for USDC is 11.21% and the lowest borrow rate is 3.41%. Rates are polled every 5 minutes from on-chain smart contracts and GraphQL APIs.
Rates updated every 5 minutes from on-chain RPC data