EUR / lending deposit

EURC deposit on Aave V3 (Base)

aBasEURC · issued by Aave DAO (protocol); EURC issued by Circle. unverified

2.51%

published yield

$8.99M

size

permissionless

can you hold it

The terms

Issuer: Aave DAO (protocol); EURC issued by Circle
Jurisdiction: None (protocol); EURC issued by Circle under MiCA from France
Chains: Base
Contracts: No contract address could be established from public sources. That is a disclosure gap on the issuer, and it is recorded as one.
Yield basis: Supply APR, variable, excludes historical incentives. Borrow APR 4.82%, utilisation 57.89%. source
Size: $8.99M source
Minimum: None.
Who may hold it: Permissionless. No KYC. Circle retains EURC freeze capability. source
Redemption: Withdraw at any time subject to utilisation. 7.78m EURC supplied against 4.51m borrowed, so roughly 3.27m EURC of headroom at the time of reading. source
Cost to enter: Base gas (negligible) plus EURC acquisition. No protocol deposit fee.
Transferability: Freely transferable. No allowlist at the token level.
Secondary liquidity: $8.99M. $8.99m supplied, $5.20m borrowed. Instant-exit capacity is the ~$3.8m difference.

What we think you should know

Materially cheaper to enter and exit than the Ethereum market because of Base gas, but yields ~95bp less and is a quarter of the size. Base is where most retail-facing euro on-chain activity sits (Moonwell, Morpho, Circle's own EURC push). Same caveat as the Ethereum row: figures are from Aavescan, a third-party Aave data site, and could not be confirmed on Aave's own JavaScript-rendered front end. No aToken address captured.

Sources

Other EUR instruments

Instrument	Ccy	Type	Yield	Size	Access	Confidence
Spiko Amundi Overnight Swap Fund (EUR share class) eurSAFO	EUR	tokenized money market fund	2.54%	$938.05M	allowlist + KYC	verified
Spiko EU T-Bills Money Market Fund EUTBL	EUR	tokenized money market fund	2.21%	$898.50M	allowlist + KYC	verified
EURC deposit on Aave V3 (Ethereum) aEthEURC	EUR	lending deposit	3.46%	$40.30M	permissionless	unverified
Backed GOVIES 0-6 months EURO Investment Grade bC3M	EUR	tokenized government debt	not published	$9.94M	not established	unverified
OpenTrade EURC Money Market Fund Vault (Fidelity V4) / Flexible Term EURC Vault XEVT	EUR	tokenized money market fund	1.73%	$2.69M	allowlist + KYC	verified
Moonwell Flagship EURC (Morpho Vault) mwEURC	EUR	lending deposit	not published	$1.09M	permissionless	verified
Etherfuse EUROB Stablebond EUROB	EUR	tokenized government debt	1.92%	$399	not established	verified
OpenTrade EURC Collateralised Loan Obligations Vault XECLO	EUR	other	not published	$0	allowlist + KYC	verified
AMUNDI FUNDS CASH EUR - J28 EUR DLT (C) J28 EUR DLT (C)	EUR	tokenized money market fund	not published	n/d	not established	verified
BlackRock ICS Euro Government Liquidity Fund OnChain	EUR	tokenized money market fund	not published	n/d	allowlist + KYC	unverified
BlackRock ICS Euro Liquidity Fund OnChain	EUR	tokenized money market fund	not published	n/d	allowlist + KYC	unverified
Angle Staked EURA (formerly Staked agEUR) stEUR	EUR	yield-bearing stablecoin	not published	n/d	permissionless	verified