Aave

Aave

Open Source DeFi Lending Protocol

Launch Year
2020
Consensus
Ethereum Proof of Stake
Max Supply
16,000,000 AAVE
Block Time
~12 seconds
AAVE
AAVE
Aave
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap AAVE Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Aave Price Chart

AAVE / USD
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Data by CryptoCompare

About Aave

Aave is a leading decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without a centralized intermediary. Founded by Stani Kulechov, Aave pioneered flash loans — uncollateralized loans that must be repaid within a single transaction block. Aave operates across multiple blockchain networks including Ethereum, Polygon, Avalanche, and others. AAVE token holders can participate in protocol governance and stake AAVE in the Safety Module to earn staking rewards and help secure the protocol.

History

2017
ETHLend (predecessor to Aave) founded by Stani Kulechov; ICO raises $16.2 million
2020
Protocol rebrands to Aave; V1 launches with lending pools and flash loans
2020
Aave V2 launches with improved capital efficiency and credit delegation
2021
Aave TVL surpasses $10 billion; deploys on Polygon for low-fee access
2022
Aave V3 launches with portals for cross-chain liquidity and improved risk management
2023
GHO stablecoin launches, natively minted by the Aave protocol

How to Swap AAVE

Swap Aave AAVE on SyntheticSwap with no account or KYC required. AAVE is available as a source and destination asset. Select your desired pair, enter your Ethereum wallet address, and confirm the exchange at the current market rate. SyntheticSwap delivers the exchanged asset directly to your wallet.

How to Store AAVE

Aave AAVE is an ERC-20 token stored in any Ethereum-compatible wallet. MetaMask and Coinbase Wallet are popular choices for users who interact with the Aave protocol. Hardware wallets like Ledger offer the best security for larger AAVE holdings. You can also stake AAVE directly in the Aave Safety Module from most Web3 wallets to earn staking rewards while contributing to protocol security.

Frequently Asked Questions