👻 Aave Internals
Aave is DeFi's largest lending protocol with $12B+ TVL. Deposit assets to earn interest from borrowers, or borrow by posting overcollateral. If your collateral drops too far, liquidators step in. Aave pioneered flash loans — uncollateralized borrows that must be repaid in a single transaction.
✦ Live
Lending & Borrowing
Supply assets to earn yield, borrow against collateral with dynamic interest rates
✦ Live
Liquidation Mechanics
How underwater positions get liquidated — health factors, close factors, and liquidation bonuses
✦ Live
Flash Loans
Borrow any amount with zero collateral — repay in the same transaction or it reverts
✦ Live
Interest Rate Model
How Aave's utilization-based rate curves work — the kink, slope1, slope2