Earn up to 1.00% on your stablecoins.

Aave App is a high yield savings app designed to grow your savings by up to 6.00% per year with balance protection up to $1M per account and optional recovery features. Additional ways to earn more will be added in the future, allowing you to earn up to 6.50% per year by inviting friends and setting up automated deposits.

Interest is earned by depositing funds on Aave, the largest peer-to-peer money market, with over $60 billion in deposits. Unlike traditional savings accounts, interest is compounded every second to maximize the growth of your savings. Aave money markets are over-secured — borrowers are required to deposit more than they borrow, meaning your savings are backed by more value than is borrowed.

The Aave App Savings Rates consist of a Base Rate (currently up to 6.00% per year) and any additional Rate Boosts you can earn on top, which can add up to a total of 6.50% per year. Like all high yield savings accounts, Aave App’s interest rate is subject to change. This is due to changing market conditions. While Aave App aims to keep its Base Rate fixed for large periods of time, changing market conditions may increase or decrease that rate over time. The Base Rate will never be negative.

Your account’s security is our top priority. Here are just a few of the many measures we take to make sure your funds remain secure:

• We are introducing insurance-backed account protection up to $1M per account. Full details will be shared upon launch.
• In the event you lose your password, we have an opt-in biometric recovery solution so you always have access to your funds
• We allow you to set up 2 factor authentication for any important actions, such as withdrawing funds
• The withdrawal whitelist function adds an extra layer of protection by permitting transfers only to approved addresses
• Only you have access to your funds, not Aave, not anyone else
• Our entire codebase has gone through extensive reviews by third parties

We're developing an insurance-backed protection program for customer assets supplied to the Aave App as an additional layer of protection. The policy is designed to cover defined loss events, such as security breaches and technology failures. The program is not yet active. Full details, including limits and eligibility, will be shared upon launch.