Aave Labs

Aave is a decentralised non-custodial liquidity protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can access liquidity by providing collateral that exceeds the borrowed amount.

Aave was born from a revolutionary vision to transform the lending and borrowing landscape within the decentralized finance (DeFi) sector. It made its debut in 2020, emerging from the creative minds that previously developed ETHLend. The goal was to establish a platform that not only streamlined the lending process but also made it more accessible and user-friendly for everyone, regardless of their financial background.

Aave Labs is the original author and key contributor of the Aave Protocol and a software technology company founded by Stani Kulechov. The team builds blockchain-based products that power decentralized finance, including the Aave Protocol, the Aave-native stablecoin GHO, and Horizon, an institutional platform for borrowing against tokenized real-world assets. Aave is DeFi’s largest and most trusted lending protocol, where users can earn, borrow, save, and swap alongside millions of others worldwide.