Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Monday Nov 17 2025 21:40
2 min
Aave, a prominent decentralized finance (DeFi) protocol, has announced the release of a new savings application, providing retail users with higher-yield deposit opportunities and immediate interest monitoring. According to a blog post released on Monday, the Aave App will offer an annual percentage yield (APY) ranging from 5% to 9%, displaying interest accrual in real-time. The application includes balance protection up to $1 million, allows users to simulate potential earnings, and supports recurring deposits. The app facilitates deposits from numerous banks, debit cards, and supported stablecoins, and offers instant withdrawals without any waiting period. A waitlist is currently available for early access. Aave asserts that the new application is intended to compete with conventional banks and mobile savings platforms, which it contends typically provide rates from 0.4% to 4% APY on high-yield accounts, often failing to keep pace with inflation. Aave is a decentralized finance protocol that enables the lending and borrowing of crypto assets through smart contracts on the Ethereum network. Originally launched as ETHLend in November 2017, it was rebranded as Aave in September 2018.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.