Aave [OLD] Price
LEND
How Much is 1 Aave [OLD] (LEND)
Convert LEND to your currency
Last Updated on Dec 23, 2025 04:02 AM
What is Aave [OLD]?
About the coin
Aave is a decentralized lending platform that operates on the Ethereum Network. It aims to revolutionize the traditional banking loan system by providing a more efficient and secure solution through peer-to-peer lending Smart Contracts. Aave allows borrowers and lenders to negotiate loan details directly, eliminating the need for intermediaries and associated process fees.
Main features
Aave's platform offers transparency and security by utilizing the Ethereum network's transparent ledger, where all transactions are publicly available for inspection. The platform ensures that all collateral, which serves as the digital asset for loans, is stored and locked in a smart contract, broadcasted on the public Ethereum blockchain. This setup allows borrowers to manage their collateral flexibly, with options to refill or withdraw parts of it, provided the lender is notified.
How it works
In 2018, Aave introduced significant upgrades, including the Alpha 0.3 version of their peer-to-peer lending application. This update featured a new user interface designed to simplify the lending process and enhance user experience. The platform also introduced zero-fee lending using the LEND token as a medium of exchange, promoting its use as a cross-blockchain lending currency. The migration from LEND to AAVE tokens is ongoing, with a conversion rate of 100 LEND per 1 AAVE.
Wallet for Aave [OLD]
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Aave [OLD]
- Ethereum
Metrics
Insights
Price performance
Another
Links
Official links
Blockchain site
Aave [OLD] FAQ
- Aave [OLD] is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Aave [OLD] offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes. LEND is the trading symbol used to identify Aave [OLD] on exchanges and charts.
- You can buy Aave [OLD] using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- Risks of Crypto LendingOne of the main risks is the volatility of the cryptocurrency market. If the value of the placed cryptocurrency drops significantly, borrowers may face margin calls, requiring them to provide more collateral or risk losing their assets. Another risk is the security of the lending platforms.
- Emin Gün Sireris a Turkish-American computer scientist. Sirer developed the Avalanche Consensus protocol underlying the Avalanche blockchain platform, and is currently the CEO and co-founder of Ava Labs.
How to secure Aave [OLD] with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get Tangem
Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Aave [OLD] wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
Stay connected.
Don’t miss out on our progress and latest updates. Have an impact — join our community today!
🎉 You've unlocked 15% OFF!
Use 15OFFRING — valid for Tangem Ring till 30/09/2025 | Tap & Get