Is Aave a scam?
Asked about Aave (AAVE), market cap rank #62.
Short answer
Aave (AAVE) is rated A on isthiscoinascam.com. This is a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-05-30
Red flags raised
- No recent code commits
- A single wallet holds over 10% of supply
- Upgradable proxy
Positive signals
- Strong backing from reputable venture capital firms.
- Comprehensive security audits with no critical vulnerabilities found.
- Active community engagement through various social media channels.
Security audits
2 audits on record.
- Trail of Bits (2021-03-15) — pass
- OpenZeppelin (2021-03-15) — pass
Team transparency
The Aave team is doxxed — public identities are known.
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
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