- #1144
Matic Aave Interest Bearing USDC MAUSDC Price
Matic Aave Interest Bearing USDC Price Chart (MAUSDC)
MAUSDC Price
MAUSDC vs. Backed Tokens
Matic Aave Interest Bearing USDC Detailed Performance
MAUSDC shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
MAUSDC to USD Converter
Price History
- All-Time High
- $19,768.9017042x to ATH
- All-Time Low
- $0.4972.33x to ATL
- Trade Launch Date
- 24 Feb, 2021
2089 days ago
Matic Aave Interest Bearing USDC Exchanges
Exchanges type
What is Matic Aave Interest Bearing USDC (Backed Token)?
This token represents a deposit of USDC in the Aave lending protocol on Polygon, where the balance grows continuously as borrowers pay interest. MAUSDC is an aToken that accrues yield natively without requiring staking or separate reward claims.
How does the supply mechanism work for MAUSDC?
The supply expands and contracts automatically as users deposit or withdraw USDC from the Aave pool on Polygon, with no fixed maximum cap. New MAUSDC units are minted against fresh deposits and burned when redeemed, so the circulating amount reflects real-time utilization.
On which blockchain does MAUSDC operate?
Polygon hosts the MAUSDC contract at address 0x9719d867a500ef117cc201206b8ab51e794d3f82 with six decimals. The token operates as an ERC-20 compatible asset on this EVM chain (chain ID 137).
Where can MAUSDC be traded?
Quickswap lists four verified pools pairing MAUSDC with USDC.E, MAWETH, MAUSDT, and QUICK. All markets are decentralized exchange venues on Polygon with no centralized order books tracked.
What backs the value of each MAUSDC unit?
Each MAUSDC unit is backed one-to-one by USDC held in the Aave Polygon lending pool, plus accrued interest from borrower payments. The redemption value increases continuously as the pool earns yield.
Which explorer displays the contract details?
PolygonScan displays the contract code, holder distribution, and transfer history for verification. The explorer references the same contract address on the Polygon mainnet.
Matic Aave Interest Bearing USDC (MAUSDC) Price Live Data
The current price of Matic Aave Interest Bearing USDC (MAUSDC) is approximately $1.16, which has remained unchanged in the last 24 hours. The MAUSDC trading volume in the last 24 hours stands at $167.87. Matic Aave Interest Bearing USDC's market cap is currently $6.65 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of MAUSDC is 5.74 million.