Access the full power of DeFi.
Aave is the world’s largest liquidity protocol. Supply, borrow, swap, stake and more.
$ billion of liquidity currently supplied in Aave.
Meet Aave.
Earn interest and borrow assets.
Aave by the numbers.
Aave is one of the largest DeFi protocols with billions of dollars in weekly volume across Ethereum and 12+ networks.
Net deposits supplied across 14 networks.
Volume, past 30 days.
Average stablecoin supply APY Ethereum network, past year.
Average stablecoin borrow APR Ethereum network, past year.
DeFi, unlocked.
Swap
Swap any ERC-20, even those borrowed or supplied.
Stake
Earn rewards for securing the protocol.
Health Factor
Easily track the risk level of your borrow positions.
Multi-Network
Deployable on any EVM compatible network.
Non-Custodial
Users maintain control over their own funds throughout the supplying and borrowing process.
Transparent
The Aave Protocol is open source and transactions are visible to anyone.
Community Governed
AAVE token holders decide which assets are listed and steer protocol development.
Composability
Integrating Aave's liquidity pools and interest rate mechanisms enables the creation of diverse products and applications.
Aave everywhere.
Join Aave’s growing constellation of builders.
Trusted by the best. Aave Protocol is relied on by leading institutions and companies.
Aave has played a pivotal role in driving USDT's growth within the DeFi ecosystem. By providing stability and liquidity, USDT bridges traditional finance and crypto, forming a strong foundation when integrated with Aave.
Paolo Ardoino, CEO
Aave has been a pioneer in decentralized finance, setting high standards for security, reliability, and risk management. Their achievements in building a leading lending protocol and establishing best practices around how to secure DeFi correctly has made the entire industry attractive to users and institutions.
Sergey Nazarov, Co-Founder
Aave has been a critical partner in supporting USDC's growth and success since the earliest days of USDC, and has now become a key distribution partner for both USDC and the launch of new Circle stablecoins such as EURC. They deliver some of the most significant innovation, scale and liquidity in DeFi.
Jeremy Allaire, Co-Founder, CEO and Chairman
We chose Aave for MetaMask Earn because of its DeFi leadership, strong governance, and trusted security. Integrating Aave directly into MetaMask Earn gives users seamless access to stablecoin yield, without ever leaving their wallet.
Igor Tesla, MetaMask Institutional
As we bring Kraken onchain through Ink, Aave stood out as the clear choice. Its proven safety record, adaptive risk management, industry-leading risk adjusted yields that scale, and relentless innovation make it the ideal foundation for a flexible, and trusted B2B solution - built for our retail users.
Andrew Koller, Founder
Governed by you & others.
AAVE token holders guide the Aave Protocol via procedures, voting, and smart contract execution.
Go to the ForumSerious security.
Peace of mind by design.
Extensive Audits
Peace of mind supported by multiple audits by the world’s leading security firms.
Learn MoreBug Bounty
Security is a top priority. Report vulnerabilities or bugs responsibly and get rewarded.
Learn MoreShortfall Secured
The Aave Protocol is secured with a backstop against protocol insolvency.
Learn More5 Years Strong
Aave is leading the DeFi Renaissance, committed to it’s mission of bringing global finance onchain.
Learn MoreGHO
GHO is the only decentralised, overcollateralised stablecoin native to the Aave Protocol.
Learn More%
Collateralisation30 Day Avg
+
GHO Minted1 Yr
FAQs
Aave is a decentralised non-custodial liquidity protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can access liquidity by providing collateral that exceeds the borrowed amount.
Supplied tokens are stored in publicly accessible smart contracts that enable overcollateralised borrowing according to governance-approved parameters. The Aave Protocol smart contracts have been audited and formally verified by third parties.
No protocol can be considered entirely risk free, but extensive steps have been taken to minimize these risks as much as possible – the Aave Protocol code is publicly available and auditable by anyone, and has been audited by multiple smart contract auditors. Any code changes must be executed through the onchain governance processes. Additionally, there is an ongoing bug bounty campaign and service providers specializing in technical reviews and risk mitigation.
AAVE is used as the centre of gravity of Aave Protocol governance. AAVE is used to vote and decide on the outcome of Aave Improvement Proposals (AIPs). Apart from this, AAVE can be staked within the protocol Safety Module to provide a backstop in the case of a shortfall event, and earn incentives for doing so.