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
Frequently asked questions
What is Aave?
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.
What tokens does Aave issue to lenders?
Aave issues aTokens to lenders, representing their deposited assets and accruing interest.
What are some recent events involving Aave?
Recent events include a mention of DeFi contagion spreading beyond Aave, a proposal by a Circle economist for a 50% rate ceiling to snap Aave's USDC liquidity crisis, and a plunge in Aave TVL while SparkLend saw over $1B in deposits since a Kelp exploit.