Aave's growth accelerates as it continues to target the long-tail

Data will auto-refresh on a 24-hour basis. Charts are interactive. All copy is relevant as of July 17, 2020.

Launched on January 7 2020, Aave is an Ethereum-based money-market protocol. Similarly to Compound, lenders provide liquidity by depositing assets into a shared pool contract. Borrowers, who must be overcollateralized, may withdraw assets from these pools at will for an infinite duration. The variable interest rate paid to lenders is a function of the utilization rate at any given time and the ability for lenders to withdraw assets is dependent on the balance of non-borrowed assets remaining in each pool.