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Home Platforms 1inch vs AAVE

Compare 1inch vs AAVE

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Pros & Cons

tick $257,687,590 USD currently invested (TVL)
tick Finds the best rates
tick Well known and established protocol
tick No deposit or withdrawal fees
tick Higher average review rating than AAVE (87% vs 67%)
tick More reviews than AAVE (1,148 vs 9 reviews)
tick Higher rating on Trustpilot than AAVE (4.3 vs 2.5 stars)
tick Pro exchange marketplace available on 1inch but not on AAVE
tick Peer to peer exchange available on 1inch but not on AAVE
tick Has chat support but AAVE doesn't
tick Interface supports French, Korean, Japanese, Ukrainian, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian and Indonesian whereas AAVE doesn't
tick Very low loan rates available
tick No origination or early redemption fees
tick Interest accrued every second
tick Savings interest payments remain attached to coin even if transferred off platform
tick Fully open source platform
tick One of the largest crypto loan platforms
tick $2,275,420,800 USD currently invested (TVL)
tick Been in business longer than 1inch (Founded 2017 vs 2020)
tick Offers corporate accounts but 1inch doesn't
tick Integrated crypto wallet available on AAVE but not on 1inch
tick Has email support but 1inch doesn't
cross Requires more than basic knowledge
cross Fiat is not supported
cross Not regulated in the US
cross Interface is a bit complex and confusing for amateur users
cross Transaction (gas) fees on the Ethereum network can be high, but AAVE does support a number of much cheaper Ethereum sidechains including Polygon and Avalanche
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Reviews

87% based on 1,148 reviews
67% based on 9 reviews
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Staking Rates

The table below compares the staking rates for 1inch and AAVE.
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Company

Automatic market maker
tick Yes
Automatic market maker
Legal name
1inch Limited
Legal name
Aave SAGL
Year founded
2020
Year founded
2017
Country incorporated in
193
Country incorporated in
222
Headquarters country
193
Headquarters country
1
Platform token
1inch Network
Platform token
Aave
Decentralised
tick Yes
Decentralised
tick Yes
Open source
tick Yes
Open source
tick Yes
Number of employees
Number of employees
50-100
Total assets under management
Total assets under management
$18,000,000,000USD
Non-custodial
tick Yes
Non-custodial
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Products

Savings accounts
Savings accounts
tick Yes
Loans
Loans
tick Yes
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
cross No
Fiat to crypto exchange
cross No
Pro exchange marketplace
tick Yes
Pro exchange marketplace
cross No
Peer to peer exchange
tick Yes
Peer to peer exchange
cross No
Margin trading
Margin trading
cross No
Corporate accounts
cross No
Corporate accounts
tick Yes
Instantly buy crypto with fiat
Instantly buy crypto with fiat
cross No
Integrated crypto wallet
cross No
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Fast account verification
Fast account verification
tick Yes
Futures exchange
Futures exchange
cross No
Chain agnostic
cross No
Chain agnostic
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Security

Cold storage
Cold storage
cross No
Two factor authentication
Two factor authentication
cross No
Credit check
Credit check
cross No
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Support

24/7 support
24/7 support
cross No
Email support
cross No
Email support
tick Yes
Phone support
cross No
Phone support
cross No
Chat support
tick Yes
Chat support
cross No
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Fees

Exchange fees
Exchange fees
0% exchange fees
Withdrawal process
Withdrawal process
The AAVE platform is fully decentralised and all deposits and withdrawls are handled completely automatically. This means withdrawls are very fast, and simply depend on the speed of the Ethereum network or side chain. There are no records of AAVE withdrawls being halted or frozen.
Savings crypto account withdrawal limit
Savings crypto account withdrawal limit
Unlimited
Loan crypto account withdrawal limit
Loan crypto account withdrawal limit
Unlimited
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Investment Strategy

Liquidity pools
tick Yes
Liquidity pools
tick Yes
DeFi products
tick Yes
DeFi products
tick Yes
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Registrations & Regulation

Know your customer
cross No
Know your customer
cross No
Regulators
Regulators
Regulated in the UK by the Financial Conduct Authority
Financial Conduct Authority
Financial Conduct Authority
tick Yes
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Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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