
Aave V3 is the most advanced upgrade of the Aave DeFi liquidity protocol, offering borrowing, lending, and yield generation across multiple blockchains. It introduces new mechanisms that enhance user safety, capital efficiency, and asset mobility.
Users supply liquidity to earn yield or borrow assets by using their deposits as collateral. Aave V3 improves on previous versions by enabling more granular risk management, isolated asset pools, and cross-chain asset transfers through Portals.