Aave is the leading decentralized liquidity protocol. Aave allows users to participate as depositors and earn interest and rewards on their deposits or borrow to gain liquidity on their crypto assets. Aave is a pioneer in the space and one of the leading protocols paving the way for lending and borrowing with cryptocurrencies. Unlike a traditional bank or loan, user deposits are crowdsourced and put into a secured contract that anyone can borrow against or contribute to.