Aave
Aave is a decentralized protocol where tokenized BTC can be deposited to borrow other assets without intermediaries.
Interest Rate
Variable (2-10%+)
Max LTV
Up to 75%
Min Loan
No minimum
Jurisdiction
Global (DeFi)
Collateral
WBTC + many ERC-20 tokens
Adoption
High
Type
Decentralized
Est.
2020
About Aave
Aave is the largest decentralized lending protocol with $10B+ in TVL across multiple chains. Deposit WBTC or other wrapped Bitcoin tokens as collateral to borrow stablecoins or other assets. All loans are overcollateralized and managed by smart contracts — no KYC required. Rates adjust dynamically based on supply and demand. AAVE token holders participate in governance decisions.
Key Features
Non-custodial DeFi, multi-chain (Ethereum, Polygon, Arbitrum, etc.), flash loans, governance token.
Benefits
- Non-custodial and permissionless
- Variable or stable rates
- Flash loans & credit delegation
Risks
- Liquidation if collateral value falls
- Smart contract or network risk
Important Notice
This information is provided for educational purposes only and should not be considered financial advice. Always do your own research and verify current terms directly with Aave before making any decisions. Rates, terms, and availability are subject to change. Last verified: January 5, 2025.
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