Aave
Credit · Lending · AAVE
Aave is a multichain non-custodial lending protocol for supplying, borrowing, and earning interest. The Aave DAO governs parameters, listings, and emissions; Aave Labs is the primary development company.
Savings for Everyone — open-source non-custodial liquidity protocol.
AAVE price
$88.55
+1.9% 24h
Latest data · 15 min delay
AI Agent Skill
Machine-readable protocol knowledge for agents
Aave — Research Skill
Savings for Everyone — open-source non-custodial liquidity protocol.
aave · v1.0.0
Facts
| category | Network |
| symbol | AAVE |
| tagline | Savings for Everyone — open-source non-custodial liquidity protocol. |
| arbitrumNative | no |
| chains | Linea, Base, Fantom, Binance, Harmony, Soneium, Celo, Avalanche, Ethereum, Optimism, Scroll, Polygon, zkSync Era, Arbitrum, X Layer, Sonic, Mantle, Metis, xDai, MegaETH, Monad, Plasma |
| security | verified (OZ-derived · public audit on file) |
| memberCoins | 6 (GHO, stkAAVE, AAVE, aUSDC, stkABPT, AAVE) |
| founded | 2022-04-01 |
| tvl | $399.43M |
| marketCap | $1.34B |
| price | $88.55 |
| priceChange24h | 1.9% |
| priceChange7d | -4.6% |
| priceChange30d | 17.4% |
| fdv | $1.42B |
| marketCapRank | #57 |
| tvlChange1d | 1.5% |
| tvlChange7d | 6.7% |
| universalMetricsSyncedAt | 2026-07-03T16:59:44Z |
| users | 1.2M |
Sections
Overview
Aave is a multichain non-custodial lending protocol for supplying, borrowing, and earning interest. The Aave DAO governs parameters, listings, and emissions; Aave Labs is the primary development company.
What makes it different
Scale and breadth: large multichain lending network plus native overcollateralized stablecoin (GHO), staking/backstop mechanics (stkAAVE → Umbrella), and institutional/RWA lending (Horizon) under DAO governance.
Components
- Lending markets: Core/Prime/Plus/Horizon markets: supply assets to pools, borrow against collateral, earn real-time interest. Not a token — the protocol product. - aTokens: Interest-bearing deposit receipts (e.g. aUSDC) minted on supply — accrue yield, redeemable for underlying + interest. - GHO: Native Aave stablecoin minted by locking approved collateral via Aave. - sGHO / StkGHO: GHO savings product — yield-bearing, not the stablecoin itself. New sGHO experience live May 2026. - AAVE / stkAAVE: AAVE governs the DAO; stkAAVE is the legacy Safety Module position being superseded by Umbrella.
Member coins
- GHO (GHO) — Stablecoin, Native Aave overcollateralized stablecoin - stkAAVE, stkGHO, stkABPT (stkAAVE) — Receipt, Insurance / staking module - AAVE (AAVE) — Token, DAO governance token (max supply 16M) - aUSDC, aUSDT, aWETH (and other aTokens) (aUSDC) — Receipt, Interest-bearing deposit receipts - stkABPT (stkABPT) — Token, Staked AAVE/wstETH LP backstop (first-loss) - AAVE (AAVE) — Token, Governance & utility token
Risks
- Collateral: Bad collateral or oracle failures can create bad debt in lending pools. - Oracle: Stale price feeds impair liquidations and collateral valuation. - Smart Contract: Risk across V3/V4 markets, GHO, and Umbrella upgrades. - Liquidity: Thin markets impair exits and liquidations during stress. - Regulatory: Aave App is not a regulated financial product; jurisdictional exposure. - Governance: Concentration and coordination risk over emissions, buybacks, and listings. - Counterparty: Dependency on bridges, external vaults, and partner infra (e.g. Whop/Veda).
TradFi analogue
- Money-market fund + secured lending desk: similar — Supply/borrow markets resemble secured lending with interest-bearing deposit receipts (aTokens).; differs — Overcollateralized onchain pools vs bank balance-sheet lending; governance via AAVE tokenholders. - Overcollateralized dollar liability: similar — GHO maps to a decentralized overcollateralized dollar.; differs — Minted via Aave collateral vs fiat or Treasury reserves.
Actions
| Name | Signature | Access |
|---|---|---|
getProfile Read the CanHav profile for Aave. | research_getEntity({ slug: "aave" }) | read-only |
listMembers List the member coins (stablecoins / tokens / RWAs) under this network. | research_listByCategory({ category: "networks" }) | read-only |
readLiveMetrics Read live on-chain supply / metadata for a member contract (Arbitrum). | chain_readLive({ address: "0x..." }) | read-only |
getHistory Pull historical peg / TVL series for a member protocol. | research_getHistory({ slug: "<member-slug>", metric: "peg" | "tvl" }) | read-only |
Glossary
- TVL
- Total value locked — assets held or managed by a protocol, in USD.
- APR
- Annual percentage rate — yield before compounding.
- RWA
- Real-world asset — an off-chain asset represented as an on-chain token.
- ERC-8004
- Trustless-agent identity standard; an agent's portable on-chain identity (ERC-721).