Mechanism
Aave algorithmically adjusts rates by utilization so suppliers earn from borrower demand and risk pricing.
Acerite
Protocol Brief
Arbitrum•Fallback demo data•Last updated Apr 4, 12:33 AM
Back to engine mapAave V3
Yield is market-clearing borrow demand passed to suppliers through utilization curves.
This page is designed for quick scanning: what the protocol does, when it works, what breaks it, and which risks deserve attention.
Indicative APY
4.2%
Indicative only. Useful for framing, not prediction.
TVL
$890.0M
Size helps show where capital is currently concentrated.
Symbol
aUSDC
The token or pool label surfaced by the data source.
Data Status
Fallback
Fallback keeps the demo usable if the upstream API pauses.
Plain-English Summary
Yield is market-clearing borrow demand passed to suppliers through utilization curves.
When It Works
Strong borrow demand and healthy collateral conditions.
What Breaks It
Low utilization, bad debt episodes, or oracle governance failures.
Failure Modes
Utilization collapse
How much of a pool is already being used.
Oracle manipulation
A condition that can make the protocol behave worse or fail.
Bad debt
A condition that can make the protocol behave worse or fail.
Structure
Primary engine: Strategy
Hybrid engines: None
Arbitrum native: No
Source Notes
Metrics are surfaced from DefiLlama where available and wrapped in the protocol framing defined in Acerite. The point is to understand behavior, not to rank products.