Aave

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Drafted from Aave's site and DefiLlama · not yet confirmed by Aave

Aave is a decentralized, non-custodial onchain lending protocol that allows users to supply assets to earn interest or borrow assets by providing overcollateralized collateral.

aave.com@aave

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Recent activity

  • Sep 23TVL $19B · DefiLlama
  • seen Sep 23Kraken holds ~60% lending market share via Aave. · Aave site
    +3 more from Aave site
    • seen Sep 23Whop's 21M+ users now get yield powered by Aave.
    • seen Sep 23Ethena reached $10B in 500 days on Aave.
    • seen Sep 23Aave's net deposits reached $34.2B.
  • seen Sep 23Partnered with MetaMask and Mastercard to let users spend yield-bearing crypto at any Mastercard-accepted location. · Aave news
    +3 more from this post
    • seen Sep 23Now powers Whop Treasury, letting 21 million+ businesses earn up to 6% APY via Aave's market on Plasma.
    • seen Sep 23Aave V4 launches on Avalanche as its first multi-chain deployment, with Main, AVAX Correlated, and Forex markets.
    • seen Sep 23Cap grew to one of Aave's largest USDC depositors, supplying over $360M.

About

Aave operates a set of open-source smart contracts deployed on public blockchains, enabling users to deposit crypto assets into liquidity pools and earn interest, or borrow against collateral they provide. The protocol offers multiple market configurations, from general-purpose lending to strategy-isolated pools for specific asset pairs. It also provides Aave Kit, an integration stack that lets developers and businesses build lending and yield products on top of the protocol.