Updating markets
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Start here · Aave V4 basics

Compare markets for a token u own

Use the inventory, Asset page, and Opportunities without mistaking a sort order for advice.

4 sections Beginner friendly

Find the routes

Start in a Hub’s asset inventory. Search by token or Spoke, filter to a Spoke, or sort the table. Sorting a numeric field starts high to low; the direction control reverses it. A high row position is just a sorting result.

Select an asset name to open its comparison page. Each card identifies a Spoke and Hub. Review those names as well as the rate because two cards for the same token can lead to different positions.

Compare more than the rate

  1. Check the exact token and route. Keep the Hub and Spoke names together.
  2. Compare current Supply APY and Borrow APY. Read history within each chart’s own scale.
  3. Check collateral eligibility and collateral factor if borrowing is part of ur plan.
  4. Check supply capacity, available borrowing liquidity, and the action’s current status.
  5. Open a preview only for the route and action u intend. A comparison card is not a confirmation of wallet eligibility.

Use Opportunities with ur wallet

Opportunities matches tokens held by the selected address to known market routes. It groups routes under each wallet token. u can sort by wallet value, Supply APY, collateral factor, borrowing liquidity, or supply capacity.

Available, limited, and unavailable describe the matching route’s supply conditions. They do not rate the investment or replace ur transaction preview. Borrowable-token chips are informational, not buttons that execute a loan.

When nothing matches

Other wallet tokens lists balances without a supported route match. No matching balances means the explorer did not find a supported match in the data it received. It does not prove the address owns no tokens on Ethereum or elsewhere.

Check the selected address and whether data has loaded. u can return to Markets to browse routes without wallet matching.

Words in this guide

Full glossary
Borrow APY

The displayed yearly cost of borrowing. Interest increases the debt, and the rate can change.

Collateral

Eligible supplied assets enabled to support borrowing. These assets can be taken during liquidation if the position no longer meets its requirements.

Collateral factor

The proportion of an asset's value counted when calculating collateral. At 75%, $100 of eligible value counts as $75.

HubHubs

The part of Aave V4 that manages shared liquidity and accounting. Connected Spokes use that liquidity under the Hub's limits.

Liquidity

Funds available in a market. Available liquidity means funds that have not already been used and can potentially serve an action.

Market routes

The combinations of token, Spoke, and Hub available for an action. The same token can have several routes with different rules.

Markets

The page for browsing Hubs, Spokes, assets, and market conditions.

No matching balances

No supported token-route match was found in the returned data. This does not mean the account owns no assets.

Opportunities

The page matching the selected account's wallet tokens to available routes. Its listings are comparisons, not recommendations.

Other wallet tokens

Wallet balances for which the explorer did not find a supported market route.

PositionPositions

An account's supplied assets and debt within a market. One account can have separate positions in multiple Spokes.

Review

Opens the action drawer for the selected route. Opening it does not move tokens.

SpokeSpokes

A market connected to Hub liquidity, with its own rules for user positions. Users supply and borrow through Spokes.

Supply APY

The displayed yearly earning rate for supplied tokens, including the calculation's compounding. The rate can change.

Supply capacity

How much additional supply the market reports it can accept. This is a market limit, not ur wallet balance.

TokenTokens

A digital asset recorded on a blockchain. Check the specific asset and network before entering an amount.

TransactionTransactions

A signed request processed by the blockchain, such as supplying tokens or granting an approval. Review its receipt to check whether it succeeded.

Wallet

An app or device that manages accounts and lets u approve transactions. Connecting a wallet is different from approving a payment or loan.