Supply rate

What it means

The variable interest earned for supplying tokens to a lending market.

It comes from what borrowers pay, shared across lenders, minus the protocol's cut. That's why it's lower than the borrow rate.

Supply rate at a glance

How it works

It changes all the time with demand to borrow.

Related terms

TermWhat it means
Borrow rate

The variable interest a borrower pays on a loan in a lending market.

APY

Annual percentage yield: what a deposit would earn over a year at today's rate, with interest added back as it comes in.

Utilisation

How much of a lending pool is currently borrowed, as a share of everything supplied.

This glossary explains terms in general. It isn't investment, tax or legal advice.