Total Value Locked$101.97m
TVL by Chain
Ethereum$77.67m
Polygon$16.14m
Avalanche$8.17m
Key Metrics
Fees 30d$158,135
Fees 30d by chain
Ethereum$98,631
Polygon$35,284
Avalanche$24,220
Fees 7d$36,781
Ethereum$23,333
Polygon$8,221
Avalanche$5,227
Fees 24h$4,242
Ethereum$2,306
Polygon$1,168
Avalanche$768
Cumulative Fees$460.87m
Ethereum$437.22m
Avalanche$17.74m
Polygon$5.91m
Revenue 30d$140,246
Revenue 30d by chain
Ethereum$84,353
Polygon$35,279
Avalanche$20,614
Revenue 7d$32,653
Ethereum$19,986
Polygon$8,219
Avalanche$4,448
Revenue 24h$3,801
Ethereum$1,981
Polygon$1,167
Avalanche$653
Cumulative Revenue$65.92m
Ethereum$61.54m
Avalanche$2.53m
Polygon$1.85m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Avalanche$0
Ethereum$0
Polygon$0
Holders Revenue 7d$0
Avalanche$0
Ethereum$0
Polygon$0
Holders Revenue 24h$0
Avalanche$0
Ethereum$0
Polygon$0
Cumulative Holders Revenue$13
Ethereum$13
Avalanche$0
Polygon$0
Collateral Liquidated 30d$84,810
Collateral Liquidated 30d by chain
Polygon$46,044
Avalanche$25,572
Ethereum$13,195
Collateral Liquidated 7d$27,848
Polygon$14,667
Ethereum$7,578
Avalanche$5,602
Collateral Liquidated 24h$127
Ethereum$87
Avalanche$22
Polygon$17.62
Cumulative Collateral Liquidated$519,523
Ethereum$363,898
Polygon$86,395
Avalanche$69,235
Market Cap$2.148b
$AAVE Price$139.15
Fully Diluted Valuation$2.226b
$AAVE Volume 24h$246.53m
CEX Volume$136.59m
DEX Volume$515.55m(209.12% of total)
Staked$343.73m(16% of mcap)
Active Loans$20.4m
Total Raised$32.5m
Jul 8, 2020$4.5mRound: Private token saleInvestors: ParaFi Capital
Jul 15, 2020$3mRound: Private token saleInvestors: Framework Ventures, 3AC
Oct 12, 2020$25mRound: StrategicInvestors: Blockchain Capital, Blockchain.com Ventures, Standard Crypto
Protocol Information
Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: 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 GitHubHolders Revenue: View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHubCompetitors
Aave V2 history
TVL is the default DefiLlama definition, which excludes Staking, Pool2, and Active Loans. Daily values are UTC snapshots from Dec 3, 2020 to Nov 1, 2026.
All-time high TVL: $18.437b on Oct 26, 2021. All-time low TVL: $11,338 on Dec 3, 2020.
Daily TVL, Oct 3, 2026 to Nov 1, 2026
| Date | TVL |
|---|---|
| Oct 3, 2026 | $112.8m |
| Oct 4, 2026 | $113.29m |
| Oct 5, 2026 | $114.5m |
| Oct 6, 2026 | $114m |
| Oct 7, 2026 | $113.55m |
| Oct 8, 2026 | $110.61m |
| Oct 9, 2026 | $108.22m |
| Oct 10, 2026 | $108.82m |
| Oct 11, 2026 | $109.3m |
| Oct 12, 2026 | $110.18m |
| Oct 13, 2026 | $106.71m |
| Oct 14, 2026 | $109.02m |
| Oct 15, 2026 | $106.89m |
| Oct 16, 2026 | $107.42m |
| Oct 17, 2026 | $106.81m |
| Oct 18, 2026 | $106.39m |
| Oct 19, 2026 | $106.85m |
| Oct 20, 2026 | $106.23m |
| Oct 21, 2026 | $107.71m |
| Oct 22, 2026 | $108.62m |
| Oct 23, 2026 | $105.85m |
| Oct 24, 2026 | $105.74m |
| Oct 25, 2026 | $105.19m |
| Oct 26, 2026 | $104.39m |
| Oct 27, 2026 | $103.45m |
| Oct 28, 2026 | $104.02m |
| Oct 29, 2026 | $104.51m |
| Oct 30, 2026 | $100.38m |
| Oct 31, 2026 | $101.26m |
| Nov 1, 2026 | $101.62m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $650.12m |
| Jan 31, 2025 | $572.43m |
| Feb 28, 2025 | $397.78m |
| Mar 31, 2025 | $307.1m |
| Apr 30, 2025 | $290.32m |
| May 31, 2025 | $323.34m |
| Jun 30, 2025 | $283.62m |
| Jul 31, 2025 | $330.56m |
| Aug 31, 2025 | $334.33m |
| Sep 30, 2025 | $320.16m |
| Oct 31, 2025 | $248.47m |
| Nov 30, 2025 | $197.28m |
| Dec 31, 2025 | $183.79m |
| Jan 31, 2026 | $168.78m |
| Feb 28, 2026 | $131.91m |
| Mar 31, 2026 | $130.24m |
| Apr 30, 2026 | $131.93m |
| May 31, 2026 | $120.09m |
| Jun 30, 2026 | $103.88m |
| Jul 31, 2026 | $110.51m |
| Aug 31, 2026 | $109.54m |
| Sep 30, 2026 | $112.65m |
| Oct 31, 2026 | $101.26m |
| Nov 1, 2026 (latest) | $101.62m |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $126.44m |
| Dec 31, 2021 | $14.018b |
| Dec 31, 2022 | $3.224b |
| Dec 31, 2023 | $2.336b |
| Dec 31, 2024 | $650.12m |
| Dec 31, 2025 | $183.79m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $804,401 | $680,342 | $0 |
| Jan 2025 | $1.14m | $965,947 | $0 |
| Feb 2025 | $306,211 | $259,974 | $0 |
| Mar 2025 | $235,480 | $174,681 | $0 |
| Apr 2025 | $181,757 | $128,871 | $0 |
| May 2025 | $192,949 | $136,616 | $0 |
| Jun 2025 | $140,571 | $99,589 | $0 |
| Jul 2025 | $86,606 | $61,956 | $0 |
| Aug 2025 | $89,000 | $64,628 | $0 |
| Sep 2025 | $83,846 | $60,684 | $1 |
| Oct 2025 | $91,567 | $75,199 | $12 |
| Nov 2025 | $52,314 | $44,535 | $0 |
| Dec 2025 | $39,805 | $33,894 | $0 |
| Jan 2026 | $56,462 | $48,966 | $0 |
| Feb 2026 | $232,320 | $205,827 | $0 |
| Mar 2026 | $220,853 | $197,330 | $0 |
| Apr 2026 | $208,158 | $185,612 | $0 |
| May 2026 | $207,302 | $184,334 | $0 |
| Jun 2026 | $171,965 | $152,594 | $0 |
| Jul 2026 | $139,875 | $124,230 | $0 |
| Aug 2026 | $78,997 | $72,368 | $0 |
| Sep 2026 | $155,485 | $138,138 | $0 |
| Oct 2026 | $162,013 | $143,741 | $0 |
| Nov 2026 (to date) | $4,242 | $3,801 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/aave-v2
Frequently asked questions
What is Aave V2's TVL?
As of Nov 1, 2026, Aave V2 has $101.97m in total value locked. TVL has decreased 10.3% over the past 30 days.
What chains does Aave V2 operate on?
Aave V2 operates on 3 chains: Ethereum, Polygon, and Avalanche. Ethereum holds the largest share at 76.2%.
How much has Aave V2 generated in fees and revenue?
Over the past 30 days, Aave V2 generated $158,135 in fees. Of that, $140,246 was protocol revenue. Based on the trailing year, the annualized rate is $1.73m in fees and $1.53m in revenue.
What is the AAVE token price and valuation?
AAVE is currently trading at $138.09. Its circulating market capitalization is $2.132b, ranking it #58. Its fully diluted valuation is $2.21b. Supply currently stands at 15.44m circulating, 16m total supply, 16m maximum supply.
How has AAVE performed recently?
AAVE is up 1.4% over the past 7 days and down 23.5% over the past 30 days. Its all-time high is $661.69, reached on May 18, 2021. The token is currently 79.1% below that level.
How does Aave V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Aave V2 ranks #30 by TVL. The category holds $50.296b across 518 protocols, and Aave V2 accounts for 0.2% of that total. Similar protocols include Aave V3, Morpho Blue, Folks Finance xChain, OmniBTC, dForce Lending, Impermax V2, Tarot, 88mph, Ajna V2, and Prime Protocol.
How much has been borrowed through Aave V2?
As of Nov 1, 2026, Aave V2 has $20.4m in active loans.