Compare Historical rate
Compare Historical Rates lets you view and compare historical DeFi borrowing rates across platforms and assets, helping you understand trends and volatility before committing to a loan.
Understand Borrowing Costs Before You Commit
Interest rates in DeFi are not static. They change with market demand, liquidity conditions, and protocol usage.
Relying on a single snapshot rate often leads to decisions made without context.
The Compare Historical Rates tool on SmartCredit is designed to solve this problem by letting users explore how borrowing rates have behaved over time across multiple platforms.
Instead of guessing whether a rate is “good,” users can see how it compares historically and make decisions with clarity.
What the Compare Historical Rates Tool Does
The Compare Historical Rates tool allows users to:
View historical borrow interest rates across multiple DeFi platforms
Compare rates side-by-side over different time horizons
Analyze rate behavior for different assets
Understand volatility, stability, and long-term trends before borrowing
The tool focuses on borrowing rates, helping users avoid decisions based purely on short-term fluctuations.
Supported Platforms and Assets
The tool currently displays historical borrowing rates from:
SmartCredit
Aave (V2 & V3 where applicable)
Compound
MakerDAO
Supported assets include:
ETH
DAI
USDC
USDT
Users can switch between assets and platforms to see how borrowing costs differ and evolve over time.
Timeframe Selection
One of the core strengths of the Compare Historical Rates tool is flexible timeframe analysis.
Users can select from multiple time ranges, including:
1 week
1 month
6 months
12 months
5 years
Shorter timeframes are useful for observing recent conditions, while longer ranges provide insight into rate stability and extreme volatility events.
This makes it easier to distinguish between temporary spikes and long-term patterns.
How to Read the Charts
Each chart displays:
Date (X-axis)
Borrow interest rate (Y-axis)
Multiple lines, each representing a different platform
By viewing these charts, users can identify:
Periods of high volatility
Which platforms tend to have more stable borrowing rates
How rates react during market stress
Whether a current rate is historically high, low, or average
This context helps users avoid entering loans during unusually expensive periods.
Why Historical Rate Context Matters
Borrowing decisions often fail not because users choose the wrong platform, but because they enter at the wrong time.
Historical context helps users answer questions such as:
Has this rate been stable or volatile in the past?
Is the current rate unusually high compared to recent history?
How do different platforms behave during market swings?
Which protocol aligns better with fixed-term borrowing preferences?
The Compare Historical Rates tool provides this context visually and transparently.
How This Fits Into the SmartCredit Ecosystem
The Compare Historical Rates tool works best as part of SmartCredit’s broader decision framework:
Earn Calculator Translate rates into exact outcomes before committing.
Portfolio MCP Structure interest-based strategies with visibility into allocation and exposure.
Together, these tools help users move from raw information to informed, structured decisions.
Who Should Use This Tool
The Compare Historical Rates tool is especially useful for:
Borrowers planning fixed-term loans
Users comparing platforms before opening a position
Risk-aware users who want to avoid rate volatility
Anyone who prefers data-driven decisions over snapshots
It is not designed to predict future rates, but to provide clarity through historical data.
Last updated