Chains
8
Stablecoins
6
Features
5
About
Aave is a decentralized non-custodial lending protocol where users can supply and borrow crypto assets. Stablecoins are the most-borrowed asset class on Aave, making it a critical part of stablecoin velocity. Aave V3 introduced efficiency mode (eMode) for correlated assets like stablecoins, and the protocol issues GHO, its own native stablecoin.
Stablecoin Relevance
Stablecoins are the most deposited and borrowed asset class on Aave. USDC and USDT markets drive billions in lending volume, and GHO adds native stablecoin issuance.