Aave review

Aave is a decentralised protocol for lending crypto, founded in 2020 and run by Aave Labs. It is not a brokerage, so you do not hold a brokerage account when you use it, and the listed entity sits in Cayman Islands.

The account fee is free, and the site account fee median is €0. Aave takes its cut through the interest rate and protocol fees on a loan rather than a monthly account charge.

No. The Aave buyback guarantee is no, which matches 77.3% of the sites listed. If a borrower defaults, the loss sits with the lender instead of a promised repurchase.

No regulator is named alongside Aave, and the operating entity behind it is registered in Cayman Islands. Balances sit on the protocol rather than with a custodian, so there is no named compensation layer for deposits.

Support runs on email, help centre and community, so a phone line is not among the listed channels. Email, the help centre and the community are the routes, and questions are answered in writing rather than by call.

It suits readers who already hold crypto and want to lend it or borrow against it on chain. The account fee is free, so there is no account charge to offset, and ISA and pension account types sit at 22% and 22% across the sites compared.

Not through the protocol, which covers crypto lending only. Stocks sit at 80.6% and ETFs at 79.6% across the sites compared here, so those readers should look at PORTinvest or PORTinvest.sk instead.

Borrower default is the main one, and the buyback guarantee is no, so it is not absorbed for you. On a decentralised protocol the smart contract and the assets you accept as collateral are your responsibility, and no custodian is named in the terms.