Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.
Order Book
Connecting…Price Chart: AAVE
Largest Bid Walls
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Largest Ask Walls
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AAVE Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, AAVE funding has averaged 0.00100% per hour, an annualised rate of 8.8%. Longs paid shorts in 90% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.00222% to 0.00125%. Work out what this costs on your own position with the funding rate calculator.
AAVE funding & market FAQ
What is the current AAVE funding rate?
The current AAVE funding rate on Hyperliquid is -0.00016% per hour, with a predicted next rate of not yet available. Over the past 7 days it has averaged 0.00100%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on AAVE right now?
The rate is negative, so shorts pay longs. This happens when the perpetual trades below spot price, and it means long positions are being paid to stay open. See how funding rates work for the full mechanism.
What does AAVE open interest tell me?
AAVE currently has $86,026,970 of open interest, ranking #33 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a AAVE position?
At the current mark price of $179.79, a 10x long would be liquidated around $161.81 and a 10x short around $197.76. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade AAVE perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's AAVE positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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