Aave

Aave is a decentralized finance protocol that allows users to lend, borrow, and earn interest on cryptocurrency assets without intermediaries. It operates as an open-source, non-custodial liquidity pool on the Ethereum blockchain.

Why it’s in the news: Aave is in the news due to its significant network growth, leadership in the DeFi sector during a crypto rebound, and recent proposals to optimize its operations by underperforming blockchain chains.

Latest on Aave

• Aave leads DeFi higher as crypto shrugs off surging bond market
• The economics behind Aave proposal to ditch 6 chains that earn loose change in revenue
• Aave rolls out vaults for yield-hungry fintech investors
• Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns
• Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000
• CoinDesk 20 performance update: AAVE jumps 8.9%, leading index higher

Connections

5 entities linked to Aave across the news graph.