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Aave vs HyperLend

How Aave vs HyperLend compare on our ratings, lending protocol specs, funding, pros and cons.

Aave4.0/5
VS
HyperLend3.6/5
Feature
AaveVisit
HyperLendVisit
Ratings
Our score4.0/53.6/5
User ratingNo reviews yetNo reviews yet
Security & track record3.53.5
Rates3.54.0
Market depth5.03.5
Ease of use3.54.0
Decentralization4.53.0
Specs
KYC required NoNot disclosed
Lending modelPooledPooled
ChainsEthereum, Base, Arbitrum, Avalanche, BNB Chain, OtherHyperliquid
Main collateral assetsUSDC, USDT, WETH, wBTC, LINK, wstETH, cbBTC, GHO, AAVE, ETH-correlated assetsHYPE, kHYPE
Flash loans YesNot disclosed
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty YesNot disclosed
Governance tokenAAVEHPL
Isolated markets YesNot disclosed
Real-world-asset collateral YesNot disclosed
Own stablecoin YesNot disclosed
RatesVariableVariable
Company
Founded2017—
HeadquartersFinland—
InvestorsBlockchain Capital, Framework Ventures, Standard CryptoNot disclosed
Strengths and weaknesses
Pros
  • $18.006B combined TVL in October 2026
  • Operates across 23 blockchain networks
  • Non-custodial wallet-based access
  • V3 includes Isolation Mode and Efficiency Mode
  • Over $325M in total value locked on Hyperliquid EVM
  • Up to 82.7% loan-to-value ratios for correlated HYPE staking positions
  • Single-transaction cross-chain deposits via Across Protocol integration
  • Smart contract audit reports published publicly on GitHub
Cons
  • Variable borrowing rates can rise with market utilisation
  • Liquidation can sell collateral after health-factor deterioration
  • Smart contract and oracle risks remain
  • Collateral depends on external bridges and asset issuers
  • Restricted to the Hyperliquid EVM ecosystem
  • Borrowing interest rates fluctuate dynamically with market utilization
  • Aviya institutional fixed-rate markets are permissioned for approved institutions
Best forMulti-chain DeFi borrowers, Collateralised crypto lending, Stablecoin liquidity strategiesHyperliquid EVM asset holders, HYPE liquid staking loopers, Institutions seeking fixed-rate credit

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.