Aave (AAVE)
CryptoScore Pro global score : 88/100 (computed on 2026-10-28)
Aave (AAVE) is a decentralized, permissionless liquidity protocol that enables users to lend and borrow cryptocurrencies without intermediaries. The project addresses inefficiencies in traditional lending systems by leveraging blockchain technology to provide transparent, permissionless, and overcollateralized lending and borrowing services. Aave primarily operates on the Ethereum blockchain, utilizing smart contracts to automate the lending process, manage collateral, and enforce loan terms. The protocol supports a wide range of assets, including ETH, stablecoins like USDC and DAI, and other ERC-20 tokens, allowing users to earn interest from deposits or borrow assets against their collateral. Aave introduced innovative features such as flash loans, which are uncollateralized loans that must be repaid within the same blockchain transaction, and interest rate switching, enabling users to toggle between fixed and variable interest rates. The underlying blockchain, Ethereum, operates on a Proof-of-Stake (PoS) consensus mechanism following its transition from Proof-of-Work (PoW) in 2022, ensuring security and energy efficiency. The native token of Aave, AAVE, has a maximum supply of…
Scores by pillar
| Technology | 83/100 |
|---|---|
| Tokenomics | 83/100 |
| Team | 66/100 |
| Adoption | 91/100 |
| Liquidity | 98/100 |
| Compliance | 79/100 |
Market data
| Price | $136.51 |
|---|---|
| Market cap | $2.12B |
| 24h volume | $231.49M |
| Market cap rank | #57 |
| 24h change | +3% |
| 7d change | -24.59% |
| Blockchain | ethereum |
| Sector | Decentralized Finance (DeFi) |
Analysis
Aave allows for the lending and borrowing of digital assets without intermediaries. This protocol uses smart contracts, autonomous programs on the Ethereum chain, to automate collateral management. The token is used for governance, meaning voting on protocol parameters.