AAVE (AAVE)
Total Value Locked$32.802b
TVL by Chain
Ethereum$29.265b
Arbitrum$1.075b
Avalanche$763.11m
Base$674.46m
Polygon$314.36m
BSC$256.81m
OP Mainnet$157.79m
Sonic$138.75m
Gnosis$87.56m
Scroll$26.96m
Linea$14.55m
Celo$9.94m
ZKsync Era$8.3m
Metis$8.12m
Soneium$1.32m
Fantom$30,609
Harmony$0
Key Metrics
Fees (Annualized)$711.1m
Fees 30d$58.29m
Fees 7d$17.82m
Fees 24h$2.17m
Cumulative Fees$1.441b
Revenue (Annualized)$100.81m
Revenue 30d$8.26m
Revenue 7d$2.55m
Revenue 24h$311,194
Cumulative Revenue$224.41m
Incentives (Annualized)$79.92m
Incentives 30d$6.55m
Incentives 7d$585,380
Incentives 24h$25,603
Cumulative Incentives$337.26m
Earnings (Annualized)$20.89m
Earnings 30d$1.71m
Earnings 7d$1.97m
Earnings 24h$285,591
Cumulative Earnings-$112.86m
Market Cap$4.462b
$AAVE Price$293.55
All Time High$661.69
All Time Low$26.02
Fully Diluted Valuation$4.696b
$AAVE Volume 24h$718.78m
CEX Volume$349.49m
DEX Volume$143.83m(20.01% of total)
Staked$829.74m(18.6% of mcap)
Borrowed$22.609b
Treasury$238.22m
Majors$20.91m
Stablecoins$26.58m
Own Tokens$150.98m
Others$39.75m
Total Raised$48.7m
Nov 30, 2017$16.2mRound: ICOSource: https://twitter.com/aaveaave/status/936247348816175104
Jul 8, 2020$4.5mRound: Private token saleInvestors: ParaFi CapitalSource: https://decrypt.co/34991/parafi-invests-defi-lending-protocol
Jul 15, 2020$3mRound: Private token saleInvestors: Framework Ventures, 3ACSource: https://www.dcforecasts.com/altcoin-news/aave-raises-3m-from-three-arrows-capital-and-framework-ventures/
Oct 12, 2020$25mRound: Strategic Investors: Blockchain Capital, Blockchain.com Ventures, Standard CryptoSource: https://decrypt.co/44653/aave-raises-25-million-to-bring-defi-to-institutions
Annual Operational Expenses$18.07m
AAVE (AAVE)
Total Value Locked$32.802b
TVL by Chain
Ethereum$29.265b
Arbitrum$1.075b
Avalanche$763.11m
Base$674.46m
Polygon$314.36m
BSC$256.81m
OP Mainnet$157.79m
Sonic$138.75m
Gnosis$87.56m
Scroll$26.96m
Linea$14.55m
Celo$9.94m
ZKsync Era$8.3m
Metis$8.12m
Soneium$1.32m
Fantom$30,609
Harmony$0
Key Metrics
Fees (Annualized)$711.1m
Fees 30d$58.29m
Fees 7d$17.82m
Fees 24h$2.17m
Cumulative Fees$1.441b
Revenue (Annualized)$100.81m
Revenue 30d$8.26m
Revenue 7d$2.55m
Revenue 24h$311,194
Cumulative Revenue$224.41m
Incentives (Annualized)$79.92m
Incentives 30d$6.55m
Incentives 7d$585,380
Incentives 24h$25,603
Cumulative Incentives$337.26m
Earnings (Annualized)$20.89m
Earnings 30d$1.71m
Earnings 7d$1.97m
Earnings 24h$285,591
Cumulative Earnings-$112.86m
Market Cap$4.462b
$AAVE Price$293.55
All Time High$661.69
All Time Low$26.02
Fully Diluted Valuation$4.696b
$AAVE Volume 24h$718.78m
CEX Volume$349.49m
DEX Volume$143.83m(20.01% of total)
Staked$829.74m(18.6% of mcap)
Borrowed$22.609b
Treasury$238.22m
Majors$20.91m
Stablecoins$26.58m
Own Tokens$150.98m
Others$39.75m
Total Raised$48.7m
Nov 30, 2017$16.2mRound: ICOSource: https://twitter.com/aaveaave/status/936247348816175104
Jul 8, 2020$4.5mRound: Private token saleInvestors: ParaFi CapitalSource: https://decrypt.co/34991/parafi-invests-defi-lending-protocol
Jul 15, 2020$3mRound: Private token saleInvestors: Framework Ventures, 3ACSource: https://www.dcforecasts.com/altcoin-news/aave-raises-3m-from-three-arrows-capital-and-framework-ventures/
Oct 12, 2020$25mRound: Strategic Investors: Blockchain Capital, Blockchain.com Ventures, Standard CryptoSource: https://decrypt.co/44653/aave-raises-25-million-to-bring-defi-to-institutions
Annual Operational Expenses$18.07m
Protocol Information
Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets
Aave whales withdraw $1.7bn in Ethereum and trigger scramble to unwind looping trades
July 23, 2025
Read on DL News
Aave votes to launch white-label lending protocol on Kraken’s Ink blockchain
July 18, 2025
Read on DL News
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: Include borrow interest, flashloan fee, liquidation fee and penalty paid by borrowers.View code on GitHubRevenue: Amount of fees go to Aave treasury.View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Development Activity
Updated at Jun 30, 2025
Weekly commits2
Monthly commits275
Weekly developers1
Monthly developers34
Last commit30/06/25 (25 days ago)
Income Statement for AAVE
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $51.73m | $122.05m | $167.19m | $166.06m | $80.76m | $99.94m | $75.86m | $45.27m | $29.2m | $18.47m | $20.26m | $18.98m | $45.43m | $56.01m | $80.71m | $162.08m | $111.03m | $77.58m | $12.39m | $150,381 |
| Revenue | $7.34m | $17.15m | $28.49m | $35.61m | $15.05m | $19.33m | $12.61m | $12.83m | $11.18m | $2.5m | $3.24m | $2.91m | $4.37m | $6.18m | $8.49m | $16.46m | $11.27m | $8.27m | $1.1m | $14,094 |
| Incentives | $4.77m | $17.07m | $12.34m | $18.77m | $9.44m | $6.56m | $5.82m | $6.55m | $3.26m | $3.34m | $3.77m | $4.76m | $4.31m | $14.51m | $23.75m | $58.12m | $67.47m | $57.02m | $14.59m | $1.05m |
| Earnings | $2.57m | $77,772 | $16.14m | $16.84m | $5.62m | $12.77m | $6.79m | $6.28m | $7.92m | -$843,005 | -$522,219 | -$1.85m | $59,078 | -$8.33m | -$15.26m | -$41.65m | -$56.2m | -$48.75m | -$13.49m | -$1.04m |