AAVE is the native governance token of the Aave Protocol, a decentralized non-custodial liquidity platform that allows users to lend and borrow various cryptocurrencies. Built on Ethereum, Aave introduces innovative features such as flash loans and interest rate switching, making it a pioneer in the decentralized finance (DeFi) ecosystem. AAVE holders can participate in protocol governance, influencing critical decisions like asset listings and upgrades. Additionally, AAVE can be staked in the Safety Module, enhancing protocol security while earning rewards. With its robust governance and utility, AAVE drives the growth and resilience of one of DeFi’s leading platforms.