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GlossaryBBorrow Rate (Lending)

Borrow Rate (Lending)

The interest rate borrowers pay to access funds from a lending pool.

What is Borrow Rate (Lending)?

Borrow rate is the annualized cost of borrowing digital assets, varying with pool utilization and asset type. For instance, borrowing DAI on Compound at 80% utilization might incur a 7% borrow rate. Rates are typically variable, rising with demand, though fixed-rate borrowing is available on platforms like Aave. In 2025, borrow rates for stablecoins average 5–8%, per DefiLlama.

High utilization during 2024’s bull run pushed borrow rates to 15% for ETH on some protocols, reflecting market dynamics. Borrowers monitor rates to optimize costs, often using lending aggregators to find the lowest rates across platforms.

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