Pros & Cons |
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Very low loan rates available
No origination or early redemption fees
Interest accrued every second
Savings interest payments remain attached to coin even if transferred off platform
Fully open source platform
One of the largest crypto loan platforms
$2,275,420,800 USD currently invested (TVL)
Has email support but Deri Protocol doesn't
Interface supports English whereas Deri Protocol doesn't
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Innovative trading features.
High capital efficieny
Layer2 speed advantages
$2,288,136 USD currently invested (TVL)
Pro exchange marketplace available on Deri Protocol but not on AAVE
Margin trading available on Deri Protocol but not on AAVE
Instantly buy crypto with fiat on Deri Protocol but not on AAVE
Futures exchange available on Deri Protocol but not on AAVE
Has 24/7 support but AAVE doesn't
Has chat support but AAVE doesn't
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Interface is a bit complex and confusing for amateur users
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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Short and unproven history
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Staking Rates |
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The table below compares the staking rates for AAVE and Deri Protocol.
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Company |
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Legal name
Aave SAGL
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Legal name
Deri Protocol
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Year founded
2017
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Year founded
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Country incorporated in
222
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Country incorporated in
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Headquarters country
1
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Headquarters country
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Platform token
Aave
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Platform token
Deri Protocol
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Decentralised
Yes
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Decentralised
Yes
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Open source
Yes
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Open source
Yes
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Number of employees
50-100
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Number of employees
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Total assets under management
$18,000,000,000USD
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Total assets under management
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Non-custodial
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Non-custodial
Yes
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Products |
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Savings accounts
Yes
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Savings accounts
Yes
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Loans
Yes
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Loans
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Crypto to crypto exchange
Yes
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Crypto to crypto exchange
Yes
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Fiat to crypto exchange
No
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Fiat to crypto exchange
No
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Pro exchange marketplace
No
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Pro exchange marketplace
Yes
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Peer to peer exchange
No
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Peer to peer exchange
No
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Margin trading
No
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Margin trading
Yes
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Corporate accounts
Yes
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Corporate accounts
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Instantly buy crypto with fiat
No
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Instantly buy crypto with fiat
Yes
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Integrated crypto wallet
Yes
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Integrated crypto wallet
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Crypto withdrawals to private wallet
Yes
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Crypto withdrawals to private wallet
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Fast account verification
Yes
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Fast account verification
Yes
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Futures exchange
No
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Futures exchange
Yes
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DEX aggregator
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DEX aggregator
Yes
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Chain agnostic
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Chain agnostic
No
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Security |
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Cold storage
No
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Cold storage
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Two factor authentication
No
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Two factor authentication
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Credit check
No
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Credit check
No
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Support |
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24/7 support
No
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24/7 support
Yes
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Email support
Yes
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Email support
No
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Phone support
No
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Phone support
No
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Chat support
No
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Chat support
Yes
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Fees |
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Exchange fees
0% exchange fees
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Exchange fees
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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.
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Withdrawal process
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Savings crypto account withdrawal limit
Unlimited
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Savings crypto account withdrawal limit
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Loan crypto account withdrawal limit
Unlimited
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Loan crypto account withdrawal limit
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Investment Strategy |
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Liquidity pools
Yes
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Liquidity pools
Yes
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DeFi products
Yes
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DeFi products
Yes
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Registrations & Regulation |
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Know your customer
No
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Know your customer
No
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Regulators
Regulated in the UK by the Financial Conduct Authority
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Regulators
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Financial Conduct Authority
Yes
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Financial Conduct Authority
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We always rank and compare products objectively and impartially.
We carefully research products for legitimacy before adding them to the platform.
We never sell or disclose your data to anyone.