CryptoCurrencies
17652
Exchanges
500
Total Market Cap
4,128,734,531,942
Volume 24h
464,446,220,376
Dominance
BTC 56.90%   ETH 10.62%   XRP 4.94%   USDT 3.92%

Aave USDC (Sonic)
ASONUSDC

1.003
$
0.16 %
Change 24h
Market Cap
$ 94,735,210
Volume 24h
$ 15,359
Circulating Supply
94,491,964
Total Supply
368,060,827
ASONUSDC
$
# Exchange Pair Price Volume 24h

Description

aSonUSDC is the interest-bearing token users receive when they deposit USDC into the Aave protocol on Sonic. It represents the user's share in the liquidity pool and accrues interest over time. The value of aUSDC increases as borrowers pay interest, which is then distributed to lenders. This mechanism allows users to earn passive income while maintaining liquidity, as aUSDC can be redeemed for the underlying USDC at any time. For more detailed information, you can refer to the Aave documentation @ aave.com