Polygon Bridged USDC (Polygon PoS)(USDC.E)

Token Price$1

24h Change+0.0051%

All Time HighApr 13, 2024$1.03

All Time LowFeb 28, 2024$0.98

Key Metrics

$1.009b

1.009b USDC.E

Volume 24h$24.22m

CEX Volume$0

DEX Volume$23.72m

Website X/Twitter Discord

Risks

How much debt can be issued against USDC.E as collateral across lending protocols.

Maximum possible exposure to USDC.E

$5.6m

$5.6m (max additional borrows against USDC.E) + $0.061 (bad debt if USDC.E was hacked now)

Aave V3

$5.59m at-risk exposure = -- bad debt if hacked + $5.59m additional borrowable against USDC.E

Euler V2

$15,068 at-risk exposure = $0.061 bad debt if hacked + $15,068 additional borrowable against USDC.E

Methodology and limitations

Showing collateral exposure for USDC.E on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

These metrics describe lending exposure only and are not a full protocol risk rating.
This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.

Show exposure details

Each row is one protocol-chain exposure for USDC.E as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
Aave V3	Gnosis	USDC.e0x2a22f9c3b484c3629090feed35f17ff8f88f76f0	$5.59m	—
Euler V2	Berachain	USDC.e0x549943e04f40284185054145c6e4e9568c1d3241	$15,068	$0.061

Token Usage

An is required to view token usage.

Yields

Showing 10 of 121 pools

Pool	Reference	Protocol
1 USD₮0-USDC.e	USD₮0-USDC.e	SparkDEX V3.1	$3.46m	0.27%	Mixed 59
2 aGnoUSDCeAave Gnosis USDCe	USDC.e	Aave V3	$2m	3.29%	Stable 92	215
3 dUSDC.eDolomite: USDC.e	USDC.e	Dolomite	$1.94m	3.86%	Stable 98	122
4 USD₮0-USDC.e	USD₮0-USDC.e	SparkDEX V4	$1.9m	3.62%0.17%+3.45%	Stable 69
5 WETH-USDC0.05%	WETH-USDC	Uniswap V3	$1.05m	7.38%	Mixed 64	0
6 vaUSDCvaUSDC Pool	USDC	Vesper	$835,422	0.01%	Stable 73	2,178
7 kUSDC.ELending USDC.E	USDC.e	Kinetic	$796,191	13.69%10.58%+3.12%	Stable 88
8 CVSCredit Vault Shares	USDC	Credit🪂	$694,490	45.45%	Stable 98
9 2CRVCurve.fi USDC/USDT	USDC-USD₮0	Curve DEX	$633,200	0.27%	Mixed 59	8,928
10 VVS-LPVVS Finance LPs	USDC-USDC.e	VVS Standard	$501,919	0.03%	Mixed 38

Page 1 of 13

Borrow

Showing 10 of 42 routes

Use USDC.EBorrow USDC.E

Collateral / Borrow	Protocol
1 USDC.e / FXRP	Kinetic	+67.23%	67.92%	0.69%	$25.84m	83.5%
2 USDC.e / stXRP	Kinetic	+65.90%	67.92%	2.02%	$30,517	83.5%
3 USDC.e / WFLR	Kinetic	+65.90%	67.92%	2.02%	$28,687	83.5%
4 USDC.e / flrETH	Kinetic	+65.86%	67.92%	2.06%	$2.33m	83.5%
5 USDC.e / sFLR	Kinetic	+65.47%	67.92%	2.45%	$5m	83.5%
6 USDC.e / WFLR	Kinetic	+63.44%	67.92%	4.48%	$1.18m	83.5%
7 USDC.e / WETH	Kinetic	+58.04%	67.92%	9.87%	$499,308	83.5%
8 USDC.e / USD₮0	Kinetic	+49.83%	67.92%	18.09%	$412,741	83.5%
9 USDC.e / USD₮0	Kinetic	+45.03%	67.92%	22.89%	$449,152	83.5%
10 USDC.e / FXRP	Kinetic	+13.00%	13.69%10.58%+3.12%	0.69%	$25.84m	80%

Page 1 of 5

Protocol	Chain
Aave V3	Gnosis	USDC.e0x2a22f9c3b484c3629090feed35f17ff8f88f76f0	$5.59m	—
Euler V2	Berachain	USDC.e0x549943e04f40284185054145c6e4e9568c1d3241	$15,068	$0.061

Pool	Reference	Protocol
1 USD₮0-USDC.e	USD₮0-USDC.e	SparkDEX V3.1	$3.46m	0.27%	Mixed 59
2 aGnoUSDCeAave Gnosis USDCe	USDC.e	Aave V3	$2m	3.29%	Stable 92	215
3 dUSDC.eDolomite: USDC.e	USDC.e	Dolomite	$1.94m	3.86%	Stable 98	122
4 USD₮0-USDC.e	USD₮0-USDC.e	SparkDEX V4	$1.9m	3.62%0.17%+3.45%	Stable 69
5 WETH-USDC0.05%	WETH-USDC	Uniswap V3	$1.05m	7.38%	Mixed 64	0
6 vaUSDCvaUSDC Pool	USDC	Vesper	$835,422	0.01%	Stable 73	2,178
7 kUSDC.ELending USDC.E	USDC.e	Kinetic	$796,191	13.69%10.58%+3.12%	Stable 88
8 CVSCredit Vault Shares	USDC	Credit🪂	$694,490	45.45%	Stable 98
9 2CRVCurve.fi USDC/USDT	USDC-USD₮0	Curve DEX	$633,200	0.27%	Mixed 59	8,928
10 VVS-LPVVS Finance LPs	USDC-USDC.e	VVS Standard	$501,919	0.03%	Mixed 38

Collateral / Borrow	Protocol
1 USDC.e / FXRP	Kinetic	+67.23%	67.92%	0.69%	$25.84m	83.5%
2 USDC.e / stXRP	Kinetic	+65.90%	67.92%	2.02%	$30,517	83.5%
3 USDC.e / WFLR	Kinetic	+65.90%	67.92%	2.02%	$28,687	83.5%
4 USDC.e / flrETH	Kinetic	+65.86%	67.92%	2.06%	$2.33m	83.5%
5 USDC.e / sFLR	Kinetic	+65.47%	67.92%	2.45%	$5m	83.5%
6 USDC.e / WFLR	Kinetic	+63.44%	67.92%	4.48%	$1.18m	83.5%
7 USDC.e / WETH	Kinetic	+58.04%	67.92%	9.87%	$499,308	83.5%
8 USDC.e / USD₮0	Kinetic	+49.83%	67.92%	18.09%	$412,741	83.5%
9 USDC.e / USD₮0	Kinetic	+45.03%	67.92%	22.89%	$449,152	83.5%
10 USDC.e / FXRP	Kinetic	+13.00%	13.69%10.58%+3.12%	0.69%	$25.84m	80%