Aave
Aave is a decentralized lending market: users supply assets to earn interest and borrow against their collateral.
Aave TVL
Assets deposited in Aave across 23 chains, in US dollars.
Supported chains
Deployed on 23 chains. Ethereum holds 83.9% of deposits.
Fees & revenue
Monthly fees paid by users and the share Aave keeps as revenue. The current month is to date.
About Aave
What it does, how it earns and what the AAVE token is for.
Aave is a decentralized finance protocol where people lend and borrow cryptocurrencies without banks or other middlemen. Lenders earn interest by supplying their crypto to the market's liquidity pools, and borrowers take out loans by putting up their own crypto as collateral. The protocol is non-custodial, so users keep control of their own assets.
AAVE is the protocol's governance token, and its holders vote on the direction the protocol takes. As of 2026, deposits are accepted on more than 20 chains, with the largest amount on Ethereum, and part of the fees users pay is kept by the protocol as revenue.
Aave FAQ
Short answers to what people ask most.
Yes. Aave's code is open source, so anyone can inspect how the protocol works.
AAVE holders back a safety module that covers shortfalls.
Aave says it has run for six years without interruption and has been independently audited.
Aave news
Coverage of the protocol, its category and its chain.
Similar protocols
Other lending protocols, ranked by value locked.
