Arbitrum is the cheapest place to borrow USDC on Aave. The average 7-day loan APY is around ~3.3%, below Ethereum, Base, Avalanche, and Linea.


There is still about $40M liquidity available to be borrowed before the utilization rate reaches 90% and the interest rate rises to 4%.
ARB-0.44%
ETH-0.58%
AVAX1.19%
LINEA0.94%
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