Aave V4 on Arc: $76M USDC supplied, loans under $100K
- —By September 17, about $76 million in USDC had been deposited into Arc, with loans under $100,000
- —Liquidity utilization — about 0.1%, rates displayed at 0.00%
- —LlamaRisk proposed raising the add cap from 56 million to 150 million USDC
- —The draw cap remains 51 million USDC, meaning the borrowing ceiling is unchanged
Why it matters: The higher cap will expand supply, but real adoption will only be shown by sustained growth in loans and rates; otherwise Arc will remain a pool of idle liquidity.
Source: CryptoSlate