Aave App
Savings for Everyone
Markets for every strategy.
From conservative stablecoin configurations to higher-yield arrangements, choose the market that matches how you earn and borrow.
General purpose
Main • Core
Earn stable yield and borrow at the lowest rates. Curated collateral and tight parameters.
Predictable
Bluechip • Prime
Predictable withdrawals, no utilization risk on your collateral. Your ETH and BTC stay available.
Strategy-specific
Ethena • Plus
Borrow stablecoins against USDe and sUSDe. Strategy-grade parameters, isolated risk.
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.