Aave protocol

Protocol · PageRank 0.1298

Also known as: Aave Protocol

Overview

Aave is a decentralized non-custodial liquidity protocol that enables users to lend and borrow a variety of cryptocurrencies. It introduced flash loans and the ability to switch between stable and variable interest rates. The protocol issues aTokens to lenders, representing their deposited assets and accruing interest.

Within the DeFi Intel graph, Aave connects to 139 tracked entities, most strongly to Ethena, Lido Staked ETH, Wrapped stETH.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 139 total).

Relation	Connected entity	Confidence
`partnered_with`	Ethena	95%
`integrates`	Lido Staked ETH	95%
`integrates`	Wrapped stETH	95%
`audit_partner`	Certora	95%
`risk_managed_by`	Gauntlet	95%
`accepts_collateral`	Staked USDe	95%
`holds`	Staked USDe	95%

In-depth guides on Aave

Aave Explained: Lending, GHO, V3, V4, and AAVE Token (2026) — DeFi Intel

Frequently asked questions

What was Aave called before?

It launched in 2017 as ETHLend, a peer-to-peer lending platform, and rebranded to Aave in 2020 around a liquidity-pool model.

How does Aave protect lenders from defaults?

Borrowing is overcollateralized: borrowers must deposit crypto worth more than the amount they borrow, so positions can be liquidated before lenders lose funds.

Which chains is Aave on?

Aave is deployed on more than a dozen networks, including Ethereum, Arbitrum, Polygon, Avalanche and Base.

Sources

Facts on this page were verified against the following sources.