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
Aave USDC (Sonic) Price Analysis
As of July 4 2025 Aave USDC (Sonic) has a marketcap of $162M.
This is {{percentagefromath}} from its all time high of $1.019.
In terms of its tokenomics, there's a total supply of 162M with 100% currently outstanding.
Keep in mind Aave USDC (Sonic) has a fully diluted value of $162M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
