sAVAX
Aave V3

sAVAX

Aave V3
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Ends in
00
D
00
h
00
m
5.14%
APY
1W
1M
3M
1Y
Info
Utilization rate0%
Earn
sAVAX
AVAX
sAVAX+AVAX
TVL
$77.44M
Protocol
Aave V3
Aave V3
Network
Avalanche C
Avalanche C
PnL
1D
<0.01%
1W
0.01%
1M
0.04%
1Y
0.5%
About
Crypto
sAVAX
sAVAX
Price
$38.01
Market cap
$313.13M
Contract
0x2b2c...a4be
Crypto
AVAX
AVAX
Price
$32.11
Market cap
$13.33B
Contract
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FAQ
Aave is a decentralized lending protocol that allows people to lend and/or borrow crypto assets. It allows users to deposit certain tokens into liquidity pools that they can borrow from. Lenders then earn interest and rewards from the assets they deposit.
aToken is an interest-bearing token minted and burnt upon supply and withdrawal of assets on Aave market. It denotes the amount of crypto assets supplied and the yield earned on those assets. For example, when you deposit Dai, you will receive a certain amount of aDai from AAVE. When you redeem it, these aDai will be disposed correspondingly.
AAVE is the governance token for the Aave protocol. It is used to vote and decide on community proposals.
Your yield basically includes two parts: 1. Interests paid by the borrowers 2. Reward tokens distributed by the third party, such as AVAX and OP Normally, a higher asset utilization rate can lead to a higher lending APY. Those rewards from the third party are variable for each token based on community governance.
Here's one main risk Aave may have: Contract risk: Aave smart contracts could be hacked, or bugs in contracts could be exploited. In such cases, your assets may be lost.
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