Aave Details

About Aave

Aave is a money-market protocol that runs on the ethereum blockchain. It let crypto owners lend out coins they are not using to suitors who have a need for crypto, creating a market for unutilized virtual currency. The Aave protocol matches interest-rate streams rather than people, which means once a coin is supplied it becomes a fungible resource. This allows users to withdraw their coins whenever they like.

Crypto Interest Provider Aave
TypeLending market, Decentralized
Earning Start: Immediately after deposit
Guarantee Period: No guarantee
Payed As: Same currency as deposit
Payout Interval: Every 15 seconds (Ethereum blockchain blocktime)
Compounded: Yes
Lock-up PeriodNo Lock-up. Can be withdrawn anytime.
ProcedureCrypto is sent to the aave smart contract via the aave user interface. Crypto is lent to borrower by smart contract.
CompanyOperating since 2020. Registered in United Kingdom.
Currencies offered by Aave
SNX (Synthetix Network Token) 47.17% 1
SUSD (sUSD) 19.82% 1
DAI (Multi Collateral DAI) 3.11% 1
MKR (Maker) 3.04% 1
USDT (Tether) 2.67% 1
BAT (Basic Attention Token) 1.89% 1
USDC (USD Coin) 1.78% 1
BUSD (Binance USD) 1.19% 1
KNC (Kyber Network) 1.06% 1
ENJ (Enjin Coin) 0.54% 1
REP (Augur) 0.25% 1
TUSD (TrueUSD) 0.13% 1
LINK (Chainlink) 0.10% 1
ETH (Ethereum) 0.03% 1
WBTC (Wrapped Bitcoin) 0.01% 1
ZRX (0x) 0.00% 1
MANA (Decentraland) 0.00% 1
LEND (Aave) 0.00% 1
REN (Ren) 0.00% 1
1: Real APY may vary. Service fees are already deducted.
2: Better rates available under specific conditions.