Aave is a leading decentralized finance (DeFi) protocol that allows users to lend and borrow a diverse range of cryptocurrencies. Initially launched as ETHLend in 2017 by Stani Kulechov, it rebranded to Aave in 2018. As a non-custodial protocol, users interact directly with smart contracts, maintaining control over their private keys and assets. Aave's mission is to build a transparent and open financial system. The protocol is developed and supported by Aave Companies, a software development company focused on building Web3 applications and tools.

Founded in

United Kingdom