Dependable and diverse yields: Inside the yAxis v3 upgrade and UIRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$10.93B-24.6%
in ETH3.6M ETH-17.0%
in BTC253.7K BTC-16.9%
ETH Locked1.48M ETH-35.4K ETH
% Supply Locked1.25%
Most Locked$WETH
Protocol Token$AAVE

Total Value Locked (USD) in Aave

  • TVL (USD)
  • ETH
  • BTC
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is Aave?

The Aave Protocol is an open source, decentralized, non-custodial liquidity protocol on Ethereum that allows users to supply and borrow cryptoassets, and earn yield on assets supplied to the protocol. Yield on any supplied cryptoassets adjusts automatically and algorithmically based on supply and demand in the protocol. After supplying cryptoassets, a user may borrow other assets so long as the user has supplied sufficient collateral. The Aave Protocol also allows users to engage in one block borrow transactions (also known as “flash loans”): these are borrow transactions during which a user must borrow and repay in the same block (in these transactions, repayment of the borrow is near instantaneous and the borrow only occurs if the repayment occurs in the block). The Aave Protocol is decentralized and controlled by Aave Governance, which is comprised of over 70,000 AAVE tokenholders who have the ability to make proposals to change, amend or upgrade the Aave Protocol and to vote on such proposals.

How to use Aave?

To start using the Aave protocol, connect through any number of user interfaces or one of the other 100+ integrated onramps. You can find out which cryptoassets are supported on the Aave Protocol at or If you're a developer interested in building on the Aave Protocol, you can start getting up to speed by reading through Aave's developers docs.

Notional Finance: the best fixed interest rates in DeFi and TradFi!

Notional Finance is arguably the best fixed-rate borrowing and lending platform in DeFi or TradFi.  That’s because Notional offers users…

2021-11-02Read more > Growing Crypto’s Tried-and-True Dai and DeFi Gateway

Maker, Ethereum’s first-ever DeFi application, is a decentralized credit platform offering users access to the most proven permissionless stablecoin to…

2021-09-20Read more >

Founder Fireside Chat with Kryptocucumber of Ruler Protocol

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity…

2021-08-26Read more >

Founder Fireside Chat with Lao Zi of QiDao Protocol

This week we’re joined by Lao Zi, anonymous founder of QiDao Protocol, who shares their advice for building community around…

2021-07-08Read more >