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Aave vs Venus Protocol

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

Aave4.0/5
VS
Venus Protocol3.6/5
Feature
AaveVisit
Venus ProtocolVisit
Ratings
Our score4.0/53.6/5
User ratingNo reviews yetNo reviews yet
Security & track record3.52.5
Rates3.54.0
Market depth5.04.5
Ease of use3.54.0
Decentralization4.53.5
Specs
KYC required No No
Lending modelPooledPooled
ChainsEthereum, Base, Arbitrum, Avalanche, BNB Chain, OtherBNB Chain
Main collateral assetsUSDC, USDT, WETH, wBTC, LINK, wstETH, cbBTC, GHO, AAVE, ETH-correlated assetsNot disclosed
Flash loans YesNot disclosed
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty Yes Yes
Governance tokenAAVEXVS
Isolated markets Yes Yes
Real-world-asset collateral YesNot disclosed
Own stablecoin Yes Yes
RatesVariableVariable and fixed
Company
Founded20172020
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
  • Deep liquidity on BNB Chain with over $1.2B in total value locked
  • Audited by firms including OpenZeppelin, CertiK, and PeckShield
  • Permissionless wallet onboarding with no KYC checks
  • Isolated pools segregate risky collateral from the core money market
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
  • Suffered a $3.7M accounting exploit in March 2026
  • Borrow rates are variable and spike quickly during high utilization
  • VAI minting exposes borrowers to stablecoin collateral depeg risk
  • Undercollateralized positions face automated liquidation penalties
Best forMulti-chain DeFi borrowers, Collateralised crypto lending, Stablecoin liquidity strategiesBNB Chain crypto borrowers, Passive yield on EVM assets, XVS stakers seeking revenue share

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.