aUSDC is the Aave v3 interest-bearing token representing deposited USDC on the Base network. It functions as a yield-bearing derivative that automatically accrues lending protocol rewards, maintaining a 1:1 peg to USDC while its effective value increases over time as interest compounds.
The token is actively utilized in yield structuring markets, with Pendle listings observed on both Ethereum and Arbitrum. These Pendle markets feature multiple maturity dates ranging from mid-2024 to mid-2025, with implied APYs between approximately 5.7% and 13.1%, reflecting active interest rate trading and yield-splitting activity across chains.
Current data does not include confirmed decimals or a live USD price, and the token shows no recorded presence in Aerodrome pools or Base vote markets. LP operators should verify contract details and on-chain decimals before integrating it into yield strategies.