Aave

4.8 (342 reviews)
A+ Security

Pioneer in decentralized lending and borrowing, powering the future of open finance with innovative liquidity protocols and yield optimization.

$12.8B+
Total Value Locked
15+
Supported Assets
3
Chains Supported
2017
Founded

Quick Overview

Protocol Type DeFi Lending
Founded 2017
Governance AAVE Token
Security Audits Multiple
Flash Loans ✓ Available

Categories

Lending Protocol
Flash Loans
Yield Generation

About Aave

Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers. The protocol was initially deployed on the Ethereum network, with continued expansion to other networks including Polygon, Avalanche, Arbitrum, and more.

The protocol pioneered the concept of flash loans - uncollateralized loans that must be borrowed and repaid within the same transaction. Aave also introduced variable and stable rate borrowing, giving users flexibility in their DeFi strategies.

Flash Loans
Variable & Stable Rates
aTokens (Interest-bearing)
Governance (AAVE Token)

Supported Networks

🟦 Ethereum

• Original deployment
• Highest TVL
• All features available

🟣 Polygon

• Lower gas fees
• Fast transactions
• Full feature parity

🔺 Avalanche

• High throughput
• Competitive yields
• Growing ecosystem

How Aave Works

1

Deposit & Earn

Deposit supported assets to earn interest and receive aTokens that appreciate in value over time.

2

Borrow Assets

Use deposited assets as collateral to borrow other supported assets at variable or stable rates.

3

Flash Loans

Execute complex DeFi strategies with uncollateralized loans that must be repaid within the same transaction.

Protocol Statistics

Total Value Locked $12.8B
Total Borrowed $8.2B
Active Users 180K+
Flash Loan Volume $50B+

Security Assessment

A+

Multiple security audits completed

Recent Updates

Aave V3 Deployment
1 week ago
New Asset Listing
2 weeks ago
Interest Rate Update
3 weeks ago

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