Aave
The largest DeFi lending protocol. Deposit USDC to earn interest or use it as collateral to borrow.
Using USDC on Aave
Aave is the largest decentralized lending protocol by total value locked, with billions of dollars in deposits. You can supply USDC to Aave's lending pools and earn variable interest (typically 3-6% APY depending on borrowing demand). Alternatively, you can use USDC as collateral to borrow other assets. Aave is deployed on Ethereum, Base, Arbitrum, Polygon, Optimism, and Avalanche. The protocol has been operating since 2020, has been extensively audited, and has a strong safety track record. Aave V3 introduced efficiency mode (e-mode) for stablecoin pairs, allowing higher capital efficiency when borrowing one stablecoin against another.
Supported networks
Key features
- Largest DeFi lending protocol
- Variable interest rates (3-6% APY)
- Supply and borrow USDC
- E-mode for stablecoin efficiency
- Extensively audited
Other defi
Compound
Pioneer of DeFi lending. Simple, battle-tested protocol for earning interest on USDC.
Lending ProtocolMorpho
Lending optimizer that often offers better USDC rates than Aave or Compound by matching lenders directly with borrowers.
Decentralized ExchangeUniswap
The largest decentralized exchange. Swap any token for USDC or provide liquidity to earn trading fees.
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Check out our guides or explore more of the USDC ecosystem.