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
Company intelligence
Aave is a decentralized finance protocol that allows users to lend and borrow cryptocurrencies without intermediaries.
Investors
- Andreessen Horowitz venture capital
- Sequoia Capital venture capital
- Coinbase Ventures venture capital
- Paradigm investment firm
- Union Square Ventures venture capital
- IDG Capital venture capital
- 3LAUNCH venture capital
Partners
- Lido staking integration
- Curve liquidity pool integration
- MakerDAO collateral integration
- Compound cross‑protocol collaboration
- Binance Smart Chain network partner
Products
- Aave V3 lending and borrowing protocol
- Aave One cross‑chain bridge and liquidity protocol
Funding
Key people
- Stani Kulechov Founder & CEO
Timeline & market context
Amber line: BTC price over the last year. Dots: dated events (hack/incident red, fundraise green, partnership blue, launch purple, regulatory amber, news grey).
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.