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About

Aave is a DeFi money market protocol on Ethereum. Users can lend assets to earn interest on them and borrow assets with a stable or variable interest rate. 

Aave includes notable distinguishing features such as uncollateralized loans (Flash Loans) and “rate switching”, which allows users to switch between stable or variable interest rates to get the optimal rate when borrowing.

7d
30d
90d

-5.43%

$3.51B

Supported Assets

Lending
Non-Custodial

Earn

-

Stakers

18038

Staked Value

$1,045,509,236
Lending
Non-Custodial

Earn

0.08%

Stakers

3120

Staked Value

$747,436,682
Lending
Non-Custodial

Earn

2.63%

Stakers

8516

Staked Value

$569,339,617
Lending
Non-Custodial

Earn

2.31%

Stakers

3856

Staked Value

$518,694,759
Lending
Non-Custodial

Earn

0.77%

Stakers

4523

Staked Value

$229,199,191
Dai
DaiDAI
# 174
Lending
Non-Custodial

Earn

2.57%

Stakers

5527

Staked Value

$160,702,027
Lending
Non-Custodial

Earn

0.21%

Stakers

2728

Staked Value

$88,590,159
Lending
Non-Custodial

Earn

-

Stakers

2108

Staked Value

$80,431,010
Lending
Non-Custodial

Earn

1.2%

Stakers

389

Staked Value

$20,317,004

Compliance & Security

Aave is constantly auditing and improving the Aave Protocol. Funds are stored on a non-custodial smart contract on the Ethereum blockchain. You control your wallet. Regulated and auditable by code.

To ensure top notch security, Aave Protocol has had audits by Trail of Bits and Open Zeppelin. There is also an ongoing bug bounty program, where community members can report any bugs or vulnerabilities and earn a reward of up to USD 25,000$. Find more info on security here.

Team

teammate-icon

Stani Kulechov

CEO

teammate-icon

Jordan Lazaro Gustave

COO

Aave was originally launched as ETHLend, a lending platform which was founded in 2017 by Stani Kulechov. 

The ETHLend ICO held in November 2017 raised $16.2 million. 

ETHLend rebranded to Aave in September 2018, as it shifted from a peer-to-peer lending platform to a lending pool model.

News

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