Aave REN v1
ARENProject Safety Score: 53%
Updated 6 days, 1 hour ago& Market
Credibility
Behavioral
Mechanics
Distribution
Aave REN v1 is an interest-bearing token that is minted when REN is deposited into the Aave protocol and burned upon redemption. It maintains a 1:1 peg to the value of the deposited REN, allowing for secure storage, transfer, and trade of the aREN token.
While the underlying REN is loaned to borrowers, the aREN token accrues interest in real time directly in the user's wallet. This mechanism provides a way for users to earn interest on their deposits while retaining the flexibility to manage their aREN holdings.
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.
Price Chart
Contract Security
0x69948cc03f478b95283f7dbf1ce764d0fc7ec54cOn-Chain Facts
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0x53f837c31695e56bc…18.15% -
0x90bd913edd997c6e9…14.23% -
0x01975a07d85f8ec24…13.43% -
0x4cd02f464ddea99fa…12.51% -
0xbd83d8f4c1d132d74…6.75% -
0x60f792cb7866a4a87…4.67% -
0xd3ebba6e3854e1f0c…4.30% -
0xc7f18f8a4b7414b91…2.73% -
0x13623cfc024d5c486…2.29% -
0x99a05a418ab1c531a…2.25%
View on Chain
Market Stats
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