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Bringing financial
wellness to everyone.

a shot from the defi summer days event
Aave Labs CEO Stani Kulechov at DeFi Summer Day with Ethereum founder Vitalik Buterin • Cannes 2025

Our history.

Aave Labs is the original author and contributor to Aave, the #1 DeFi protocol.

Aave was born from a revolutionary vision to transform the lending and borrowing landscape within the decentralized finance (DeFi) sector. It made its debut in 2020, emerging from the creative minds that previously developed ETHLend. The goal was to establish a platform that not only streamlined the lending process but also made it more accessible and user-friendly for everyone, regardless of their financial background.

Building the future.

$1.537B
Total interest paid
$2.05B
$2.685T
Cumulative deposits
$3.58T
$0.78T
Total originated loan volume

Working at Aave Labs.

These values shape how and what we build. If these intrigue
you, take closer look at who we are and the open roles we have.

View Open Positions

Craft

We take pride in craft, talent, attention to detail, mindfulness, resourcefulness, and meaningful steps towards excellence.

Accountability

We take responsibility for our own decisions, actions and results, and we work as one team.

Sisu

We cultivate inner strength and self-awareness. We persevere in the face of obstacles.

Integrity

We count on each other to be direct, honest, and caring. Our word matters; what we say is what we do.

Community

We create products that increase access and engender human connection and community.

Latest news and announcements.

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Aave Labs Acquires Avon

Aave Labs has acquired the team and technology behind Avon, one of the leading teams working on fixed-rate lending onchain. Avon built fixed-rate and floating-rate lending markets and an onchain order book for onchain lending.

Payward and Its Clients Acquire AAVE Token Stake

Payward, the unified financial infrastructure platform that powers Kraken, today announced that Digital Asset Special Investments I, LP, a Payward-affiliated investment fund, and its clients acquired an undisclosed amount of AAVE, the native token of the Aave network. The AAVE tokens were acquired through secondary market purchases, and Payward may make additional acquisitions in the future.

Ethena Pay Launches Earn+, Powered by Aave

Ethena Pay has launched Earn+, a feature that gives its users higher rewards on their dollars within the app. Earn+ utilizes Aave V4 on Avalanche, where a vault managed by Upshift and Steakhouse puts deposits to work in an onchain strategy built on Aave’s lending markets.

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