/ Conviction Index / Aave (AAVE)

Aave (AAVE)

DeFi · Lending · AAVE · Launched V1 Jan 2020 (as ETHLend pre-2018)
A-

Excellent (A-) — Conviction Grade

Aave is the dominant decentralized lending protocol. V4 architecture (2025) extends the protocol's TVL leadership. Strong multi-chain deployment (Ethereum, Avalanche, Optimism, Arbitrum, Polygon, Base, etc.). Multi-decade founder continuity (Stani Kulechov).

88
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Protocol Security
A
Governance Decentralization
A-
Liquidity
A
Adoption & Utility
A
Regulatory Posture
B+
/ Public-Record Events

Key events & disclosures.

  • V1 Jan 2020
  • V4 architecture 2025
  • Multi-chain expansion
  • Multi-decade Stani Kulechov continuity

/ Best for

DeFi lending exposure; institutional allocation to the canonical lending protocol; AAVE governance position.

/ Watch out for

Lending-protocol risk includes oracle manipulation and bad-debt accumulation. Verify your specific deposit / borrow position risk.