DeFi Rate Offer

EthereumEthereum is at $2,681, down 2.8% in 24 hours

ETH/USD from DefiLlama’s price index, priced .

Lending ETH in DeFi earns about 1.33% a year, and borrowing ETH itself costs about 2.07%. Borrowing stablecoins with ETH as collateral is a different loan: from 3.9% a year in the larger markets.

Lending ETH · supply APY
1.33%

Weighted by the $9.5B of ETH supplied across 26 markets. Variable. Up to 4.18% in a $100M+ market (Aave V3, Base).

Borrowing ETH · borrow APY
2.07%

Weighted by the $7.0B of ETH borrowed across 36 markets. Variable, less any rewards.

Stablecoins against ETH · borrow APY
3.9%Aave v3

Borrow USDC against WETH on Arbitrum: the cheapest of 7 markets with $200M+ of ETH deposited, up to 9.5%. Variable.

Explore Ethereum

Every Ethereum page on DeFi Rate

Staking, loans, ETFs, funding rates, odds and taxes. Live figures are as of the time each page last checked.

DeFi lending

The largest Ethereum lending markets

By ETH supplied. WETH counts as ETH. Lend APY is what suppliers of ETH earn; borrow APY is what borrowing ETH itself costs, less any rewards. Both variable.

Full comparison →

The largest Ethereum lending markets, by ETH supplied
1WETH · Aave V3Ethereum1.49%2.08%$5.6B$4.7B
2WETH · SparkLendEthereum1.46%1.90%$1.6B$1.3B
3ETH · JustLend V1Tron0.00%2.01%$1.3B$232K
4WETH · Aave V3Arbitrum1.10%2.12%$254M$155M
5WETH · Aave V3Base4.18%2.06%$230M$189M
6ETH · Compound V3Ethereum1.45%1.90%$136M$98M

Every ETH market and the loan calculator →

Sources: DefiLlama (ETH/USD price), observed ; DefiLlama (ETH lending markets), observed ; DefiLlama (stablecoin loans against ETH), observed ; exchange APIs via DeFi Rate (funding), observed ; DefiLlama (ETF assets and flows), observed ; DefiLlama (liquid staking), observed .