USDC Lending Rates
USD Coin
$0.999853
Updated 7m ago
Best Supply APY
9.53%
Morpho Blue · Ethereum
Lowest Borrow APY
3.43%
Compound V3 · Arbitrum
Total Liquidity
$2.7B
Markets
9
| Protocol | Chain | Supply APY | Borrow APY | Utilization | Total Supply | Total Borrow |
|---|---|---|---|---|---|---|
 Morpho Blue
Best Yield
|  Ethereum | 9.53% | 10.48% | 91.35% | $15.4M | $14.0M |
| Morpho Blue | Ethereum | 7.12% | 8.03% | 89.06% | $161.9K | $144.2K |
 Compound V3 |  Base | 6.82% | 8.03% | 91.12% | $9.5M | $8.7M |
| Morpho Blue | Ethereum | 6.54% | 7.60% | 86.41% | $16.2M | $14.0M |
 Spark | Ethereum | 4.49% | 4.81% | 94.43% | $32.4M | $30.6M |
 Aave V3 | Ethereum | 3.51% | 4.23% | 92.19% | $2.1B | $1.9B |
| Aave V3 |  Arbitrum | 3.19% | 3.97% | 89.25% | $164.7M | $147.0M |
| Compound V3 | Ethereum | 3.11% | 3.90% | 86.34% | $333.3M | $287.7M |
| Compound V3
Lowest Borrow
| Arbitrum | 2.50% | 3.43% | 69.53% | $18.6M | $12.9M |
Morpho Blue Ethereum Supply APY
9.53%
Borrow APY
10.48%
Utilization 91.35%
Total Supply
$15.4M
Total Borrow
$14.0M
Morpho Blue Ethereum Supply APY
7.12%
Borrow APY
8.03%
Utilization 89.06%
Total Supply
$161.9K
Total Borrow
$144.2K
Compound V3 Base Supply APY
6.82%
Borrow APY
8.03%
Utilization 91.12%
Total Supply
$9.5M
Total Borrow
$8.7M
Morpho Blue Ethereum Supply APY
6.54%
Borrow APY
7.60%
Utilization 86.41%
Total Supply
$16.2M
Total Borrow
$14.0M
Spark Ethereum Supply APY
4.49%
Borrow APY
4.81%
Utilization 94.43%
Total Supply
$32.4M
Total Borrow
$30.6M
Aave V3 Ethereum Supply APY
3.51%
Borrow APY
4.23%
Utilization 92.19%
Total Supply
$2.1B
Total Borrow
$1.9B
Aave V3 Arbitrum Supply APY
3.19%
Borrow APY
3.97%
Utilization 89.25%
Total Supply
$164.7M
Total Borrow
$147.0M
Compound V3 Ethereum Supply APY
3.11%
Borrow APY
3.90%
Utilization 86.34%
Total Supply
$333.3M
Total Borrow
$287.7M
Compound V3 Arbitrum Supply APY
2.50%
Borrow APY
3.43%
Utilization 69.53%
Total Supply
$18.6M
Total Borrow
$12.9M
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 9.53% and the lowest borrow rate is 3.43%. Rates are polled every 5 minutes from on-chain smart contracts and GraphQL APIs.
Rates updated every 5 minutes from on-chain RPC data