About this market
DAI is a lending market on Aave V3 (Polygon), listed as (PoS) Dai Stablecoin. Depositors supply DAI to the market and earn a variable interest rate paid by borrowers, who post collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied DAI is borrowed at the time — so the market is used to earn on an idle DAI balance, or to borrow against collateral without selling it.
- Protocol
- Aave V3
- Chain
- Polygon
- Asset
- DAI
- Market
- (PoS) Dai Stablecoin
- Market type
- Single asset
- Yield accrual
- Variable rate, paid by borrowers
