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Home Platforms AAVE vs Ledn

Compare AAVE vs Ledn

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Pros & Cons

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 Been in business longer than Ledn (Founded 2017 vs 2018)
tick Has less assets under management than Ledn
tick Know your customer checks are required on AAVE but not on Ledn
tick Ultra simple model
tick No hidden fees
tick Only one interest payment at end of 12 month term required on loans
tick Automatically buy more bitcoin with a loan secured against your existing bitcoin
tick Proof of company crypto reserves provided by major accountancy firm
tick Higher average review rating than AAVE (88% vs 77%)
tick More reviews than AAVE (640 vs 24 reviews)
tick Higher rating on Trustpilot than AAVE (4.7 vs 3.2 stars)
tick Ledn uses cold storage crypto wallets but AAVE does not
tick Ledn uses two factor authentication but AAVE does not
tick Has chat support but AAVE doesn't
tick Interface supports Portuguese-Portuguese and Spanish whereas AAVE doesn't
Savings Rates
tick Ledn has a higher base saving rate for USD Coin (USDC) (7.5% vs 0.929%)
tick Ledn will pay interest on Bitcoin (BTC) crypto currency deposits whereas AAVE does not
1 more savings rates pro ...
cross Interface is a bit complex and confusing for amateur users
cross Ethereum gas fees can be very high
cross Mobile app has very limited functionality
cross Savings rates only available fro BTC and USDC
cross Much lower savings rates for large BTC deposits
cross Bitcoin is only token acceptable as loan collateral
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Reviews

77% based on 24 reviews
88% based on 640 reviews
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Savings Rates

The table below compares the savings rates for AAVE and Ledn. Enter the amount you intend to deposit to get a more detailed comparison.
Stable Coins
DAI Dai
0.00554% - 2.08% APY
0.00554% - 2.08% APY
FRAX Frax
1.42% APY
1.42% APY
1.18% APY
1.18% APY
TUSD TrueUSD
0.368% - 2.61% APY
0.368% - 2.61% APY
USDC USD Coin
0.929% - 1.33% APY
0.929% - 1.33% APY
USDP Pax Dollar
0.735% APY
0.735% APY
USDT Tether
0.769% - 1.85% APY
0.769% - 1.85% APY
Crypto Currencies
AMPL Ampleforth
0.211% APY
0.211% APY
BAL Balancer
1.93% - 8.76% APY
1.93% - 8.76% APY
0.53% - 1% APY
0.53% - 1% APY
1.33% - 1.36% APY
1.33% - 1.36% APY
2.06% - 13.4% APY
2.06% - 13.4% APY
0.00038% APY
0.00038% APY
0.0228% - 0.0253% APY
0.0228% - 0.0253% APY
0.392% APY
0.392% APY
ETH Ethereum
0.206% APY
0.206% APY
FEI Fei USD
2.36% APY
2.36% APY
0.873% - 1.32% APY
0.873% - 1.32% APY
LINK Chainlink
0.00303% - 0.764% APY
0.00303% - 0.764% APY
0.0925% - 0.323% APY
0.0925% - 0.323% APY
MKR Maker
0.00064% - 1.27% APY
0.00064% - 1.27% APY
1.48% APY
1.48% APY
RENFIL renFIL
1.19% APY
1.19% APY
SNX Synthetix
0.0986% - 19.2% APY
0.0986% - 19.2% APY
UNI Uniswap
0.107% APY
0.107% APY
WAVAX Wrapped AVAX
6.54% APY
6.54% APY
0.00038% - 0.0173% APY
0.00038% - 0.0173% APY
WMATIC Wrapped Matic
2.45% APY
2.45% APY
XSUSHI xSUSHI
0.00002% APY
0.00002% APY
0.0152% - 0.046% APY
0.0152% - 0.046% APY
ZRX 0x
0.00375% - 0.0881% APY
0.00375% - 0.0881% APY
Loading rates ...
Stable Coins
USDC USD Coin
7.5% APY
7.5% APY
Crypto Currencies
BTC Bitcoin
2% - 5.25% APY
2% - 5.25% APY
Loading rates ...
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Loans Rates

The table below compares the loan rates for AAVE and Ledn. Enter the amount you intend to borrow to get a more detailed comparison.
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Company

Legal name
Aave SAGL
Legal name
Ledn Inc
Year founded
2017
Year founded
2018
Country incorporated in
222
Country incorporated in
47
Headquarters country
1
Headquarters country
47
Platform token
Aave
Platform token
Centralised
tick Yes
Centralised
tick Yes
Number of employees
50-100
Number of employees
40
Total assets under management
$18,000,000,000USD
Total assets under management
$1,000,000,000USD
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Products

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

Insurance level
Insurance level
$100,000,000USD
Cold storage
cross No
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
BitGo
Two factor authentication
cross No
Two factor authentication
tick Yes
Credit check
cross No
Credit check
cross No
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Support

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

Exchange fees
0% exchange fees
Exchange fees
0% exchange fees
Fiat deposit fee
Fiat deposit fee
Fiat deposits not accepted
Fiat withdrawl fee
Fiat withdrawl fee
Fiat deposits not accepted
Crypto withdrawl fee
0
Crypto withdrawl fee
35 USDC per withdrawl
Savings crypto account withdrawl limit
Unlimited
Savings crypto account withdrawl limit
Up to 1,000,000 USDC every 7 days and up to 100 BTC every 7 days
Loan crypto account withdrawl limit
Unlimited
Loan crypto account withdrawl limit
Savings fiat account withdrawl limit
Savings fiat account withdrawl limit
No fiat savings withdrawls
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Registrations & Regulation

Know your customer
cross No
Know your customer
tick Yes
Regulators
Regulated in the UK by the Financial Conduct Authority
Regulators
Financial Conduct Authority
tick Yes
Financial Conduct Authority
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Other Platform Comparisons

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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