Aave

Aave

AAVE #57
A 82% Token Watch

Project Safety Score: 82%

Updated 1 minute ago
AaveAAVE
Market Cap$1509753335
24hr Volume$294075216
24hr Change4.7%
Price$99.45
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
96 AAA
100% · medium
Team
Credibility
86 AA
100% · medium
Social
Behavioral
67 BB
60% · low
Contract
Mechanics
78 A
100% · medium
Holder
Distribution
84 A
100% · medium

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AAVE Aave Details
Type
Lending/Borrowing Protocol
Launched
2017
HQ
London, United Kingdom
Team
Doxxed
Stablecoin IssuerHuobi ECO Chain EcosystemAvalanche EcosystemBNB Chain EcosystemSolana EcosystemBase NativeHydration EcosystemIndex Coop Defi Index

Aave is a decentralized money market protocol that enables users to lend and borrow cryptocurrency across a range of assets, currently involving 20 different collateral options. The protocol's native token is AAVE, which functions as both a utility and governance token, allowing the community to influence the protocol's development.

Lenders can earn interest by supplying liquidity to the protocol's pools, while borrowers utilize their crypto assets as collateral to access loans. The governance model fosters community participation in decision-making regarding the protocol's future direction.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Economic design score 100 out of 100.
Aave boasts an excellent economic design with a well-defined supply cap of 16,000,000 tokens and a high circulating ratio, as 95% of the total supply is currently in circulation. This robust economic structure indicates strong management and planning, which can positively contribute to the asset's long-term stability.

Liquidity market score 96 out of 100.
The liquidity market score reflects a strong position, with a substantial trading volume of $244,953,110 over the last 24 hours, translating to a volume-to-market cap ratio of 17.47%. Additionally, Aave is highly accessible, listed on 72 exchanges, creating ample opportunities for buying and selling the token.

Team credibility score 86 out of 100.
Aave's team credibility is commendable, given its 5.2 years in existence and thorough documentation through high-quality whitepapers. The team is publicly identified and has undergone audits by two firms, enhancing transparency. However, limited GitHub activity recently raises some questions about ongoing development.

Social behavioral score 53 out of 100.
Aave's social behavioral score indicates mixed engagement. Although there are verified social accounts, audience data is limited, especially on platforms like Twitter and Reddit. Sentiment regarding the project's overall reputation is relatively positive, but there are two additional concerns that have emerged from research.

Contract mechanics score 77 out of 100.
The contract mechanics score demonstrates a generally favorable safety profile, with the contract verified and open-source. However, the asset is mintable and the owner has specific privileges, such as the ability to change balances and pause transfers, which introduces additional risks that should be considered.

Holder distribution score 84 out of 100.
The holder distribution shows a balanced spread, with 194,691 total holders. The concentration among the top 10 wallets holding 39.6% of the supply is somewhat concerning, yet the overall distribution remains healthy, reducing the likelihood of market manipulation.

While Aave has strong scores in several areas, inherent risks in cryptocurrency, such as market volatility and regulatory uncertainty, persist. Investors should carefully consider these factors alongside the project’s strengths when making investment decisions.

  • Stani Kulechov - CEO LinkedIn ↗
    Prior: ETHLend
    Founder and CEO of Aave, previously known as ETHLend.
  • Marc Zeller - Founder LinkedIn ↗
    Prior: ETHLend
    Founder of Aave Chan Initiative, a community-driven organization supporting Aave.
  • Trail of Bits 2021-03-15 pass report ↗
    Comprehensive audit of Aave V2 protocol with no critical vulnerabilities found.
  • OpenZeppelin 2021-03-15 pass report ↗
    Security audit of Aave V2 protocol confirming its security and functionality.
View whitepaper ↗ (2017)
Quality: high
Max supply: 16000000
Public: 100.0%
Next unlock: 2026-05-08
Vesting complete
  • exploit 2026-04-18 · $200000000
    Aave experienced a $200 million bad debt crisis due to an exploit in KelpDAO's cross-chain bridge, leading to significant losses in the wETH pool.
  • Strong backing from reputable venture capital firms.
  • Comprehensive security audits with no critical vulnerabilities found.
  • Active community engagement through various social media channels.
  • Contract owner is hidden
  • Token supply can be minted by the owner
  • No recent code commits
  • Owner can change any wallet's balance
  • A single wallet holds over 10% of supply
  • Transfers can be paused by the owner
  • Recent governance disputes and audit reports questioning transparency.
  • Significant price volatility due to large token selloffs.
Contract is upgradable via proxy
Risk: The team can change the contract logic after deployment
Benefit: The team can fix bugs, patch vulnerabilities, and ship upgrades

Price Chart - Aave

Contract Security

base · 0x63706e401c06ac851…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
fantom · 0x6a07a792ab2965c72…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
avalanche · 0x63a72806098bd3d95…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
huobi-token · 0x202b4936fe1a82a49…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
polygon-pos · 0xd6df932a45c0f255f…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
arbitrum-one · 0xba5ddd1f9d7f570dc…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
harmony-shard-0 · 0xcf323aad9e522b93f…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
binance-smart-chain · 0xfb6115445bff7b52f…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
optimistic-ethereum · 0x76fb31fb4af56892a…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
ethereum · 0x7fc66500c84a76ad7…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Deploy Date
Mar 6, 2021
polygon-pos
Deployer
0x63ec5767f54…
Total Holders
194691
Top 10 Hold
39.6%
Top 50: 68.5%
Top Holders
  • 0x4da27a545c0c5b758… 12.41%
  • 0xf977814e90da44bfa… 6.55%
  • 0x494aa25fa055d3704… 4.94%
  • 0xa700b4eb416be35b2… 3.71%
  • 0x47ac0fb4f2d84898e… 2.50%
  • 0xc9480602f77769c7a… 2.17%
  • 0x7915f9373ae32d1fc… 2.11%
  • 0x317625234562b1526… 1.89%
  • 0x25f2226b597e8f951… 1.86%
  • 0x5a801a9418d036fd4… 1.50%
Source: ethplorer · Etherscan
Discussion
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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$661.69
All-Time Low$26.0200
Circulating15179912
Total Supply16000000

Community Sentiment

👍 100% 0% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

Aave Stories

Recent News

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hack 1 source 3 days, 2 hours ago

Aave Liquidates Hacker Kelp’s Positions

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Aave liquidation attacker targets rsETH positions on Ethereum and Arbitrum

general 4 sources 3 days, 14 hours ago

Aave liquidates attacker positions in rsETH exploit recovery effort

hack 1 source 3 days, 18 hours ago
Posts from the Aave_Official
community on Reddit

Developer Activity

GitHub stars⭐ 1437
Forks590
Watchers104
PRs merged4
View on GitHub →

Aave GitHub