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AAVE V2
AAVE V2

AAVE V2

Lending

Aave V2 Review

Aave V2, launched in December 2020, brought some fantastic updates to this DeFi protocol that made borrowing and lending smoother and more efficient. Lower gas fees, credit delegation, and liquidity mining features were introduced, all of which improved the user experience and increased Aave's appeal for both individual and institutional users. Flash loans, allowing instant and no-collateral liquidity, became a popular tool on Aave, helping users access liquidity quickly. With strong investor backing, including a $25 million fund raised in October 2020, Aave V2 continued to grow in popularity, eventually paving the way for V3, which expanded on these innovations with even broader blockchain compatibility and additional security features.

TVL
$882 035 836
Blockchain
N/A
Promo bonus
No bonus for now
Go to protocol

AAVE V2 offers

USDT
Est. APY
6.67%
Status
Available
Term
Flexible
TVL$9 745 408
Blockchain
Ethereum
Ethereum
USDC
Est. APY
4.42%
Status
Available
Term
Flexible
TVL$4 998 047
Blockchain
Ethereum
Ethereum
DAI
Est. APY
3.63%
Status
Available
Term
Flexible
TVL$3 942 868
Blockchain
Ethereum
Ethereum
WETH
Est. APY
0.05%
Status
Available
Term
Flexible
TVL$209 120 249
Blockchain
Ethereum
Ethereum
WETH
Est. APY
0.02%
Status
Available
Term
Flexible
TVL$5 892 699
Blockchain
Avalanche
Avalanche
USDC.e
Est. APY
0.45%
Status
Available
Term
Flexible
TVL$2 288 691
Blockchain
Avalanche
Avalanche
DAI
Est. APY
0.49%
Status
Available
Term
Flexible
TVL$1 814 929
Blockchain
Avalanche
Avalanche
USDT.e
Est. APY
0.91%
Status
Available
Term
Flexible
TVL$460 233
Blockchain
Avalanche
Avalanche

Crypto earn alerts on AAVE V2

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For AAVE V2, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on AAVE V2.

Earning crypto on AAVE V2

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from AAVE V2. Check the table above for all the details.

Current TVL of the AAVE V2 protocol

The AAVE V2 protocol's Total Value Locked (TVL) is currently $882 035 836. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like AAVE V2 is holding.

AAVE V2 protocol type

AAVE V2 is a decentralized finance lending platform that allows users to earn interest by lending assets or expand their holdings through borrowing. Built with smart contracts, AAVE V2 provides a secure and transparent environment for transactions, offering flexibility and control without traditional intermediaries.

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