Why buy Aave (AAVE)
Consider buying Aave, as it is the token of one of the most popular decentralised finance (DeFi) platforms. Aave’s flagship product is ‘flash loans,’ which is recognised as the first non-collateralized lending option in the DeFi space. Another significant advantage is that borrowers on Aave can choose between fixed and variable interest rates, depending on their needs. Compared to newer and more widely publicised competitors, Aave remains a benchmark in the DeFi world and is unlikely to be overshadowed.
It is one of the world’s leading DeFi platforms in terms of total value locked (TVL), with approximately $32.89 billion in its smart contracts. In July 2023, the protocol launched its native stablecoin, GHO, which is over-collateralized by the platform’s locked assets.
In 2024, the protocol hosted several successful events, including Open Finance Day and DeFi Renaissance Day, which enhanced its presence in the DeFi community. Additionally, in early 2025, Aave announced the expansion of the V3 version to new networks, such as Sonic and Linea. This development further improved its interoperability and accessibility for users.
Given these advancements, consider buying AAVE, one of the most solid, long-standing, and recognised projects in the crypto world.
What is Aave and how it was born (AAVE)
AAVE is one of the pioneering projects in the DeFi sector. It was established with a straightforward goal: to facilitate decentralised lending in cryptocurrency among users. AAVE is widely recognised as one of the most user-friendly DeFi protocols, offering attractive interest rates to borrowers and earning opportunities for liquidity providers. As of 2021, AAVE’s pools included 34 different cryptocurrencies.
AAVE was founded in 2017 by Stani Kulechov, who developed the project while studying at the University of Law in Helsinki. The company that operates AAVE is based in Switzerland and, unlike many crypto foundations, is a for-profit entity.
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