Sign In
Sign Up
DeFinda Logo
Find & Compare DeFi Products
usd logo USD
Home Platforms AAVE vs YouHodler

Compare AAVE vs YouHodler

vs
Add / Remove Platforms

Definda Score™

The Definda Score is an impartial, objective analysis of platform features.
Staking Yields
3
Loan Rates
9
Established
5
Reviews
7
Risk Management
5
Withdrawals
8
Coverage
3
Support
5
Staking Yields
8
Loan Rates
2
Established
2
Reviews
9
Risk Management
8
Withdrawals
9
Coverage
3
Support
8
Staking Yields
3
Staking Yields
8.4
Loan Rates
9
Loan Rates
2
Established
5.3
Established
2.3
Reviews
6.7
Reviews
8.9
Risk Management
5
Risk Management
8
Withdrawals
8
Withdrawals
9
Coverage
2.7
Coverage
3.4
Support
5
Support
8

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 One of the largest crypto loan platforms
tick $2,275,420,800 USD currently invested (TVL)
tick AAVE is decentralised, but YouHodler is not
tick Offers corporate accounts but YouHodler doesn't
tick Know your customer checks are required on AAVE but not on YouHodler
tick Very high LTV up to 90% available on loans
tick Innovative Multi-HODL product allows market speculation with savings funds
tick Turbocharge allows highly leveraged speculation on crypto assets with multiple loans on one deposit of collateral
tick You can use NFTs as collateral
tick Higher average review rating than AAVE (87% vs 67%)
tick More reviews than AAVE (164 vs 9 reviews)
tick Higher rating on Trustpilot than AAVE (4.3 vs 2.5 stars)
tick Fiat exchange available on YouHodler but not on AAVE
tick Margin trading available on YouHodler but not on AAVE
tick Instantly buy crypto with fiat on YouHodler but not on AAVE
tick YouHodler uses cold storage crypto wallets but AAVE does not
tick YouHodler uses two factor authentication but AAVE does not
tick Has 24/7 support but AAVE doesn't
tick Has chat support but AAVE doesn't
tick Invests in liquidity pools but AAVE doesn't
tick Invests in DeFi products but AAVE doesn't
tick Interface supports French, Korean, Japanese, Turkish, Polish, Spanish, Simplified Chinese, Russian, German and Italian whereas AAVE doesn't
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
cross Not available in USA
cross High loan interest rates
cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users
Go To Platform
Go To Platform

Withdrawals

Withdrawal Time
Less than 1 hour
Withdrawal Time
Less than 1 hour
Withdrawal Score
8
Withdrawal Score
9
Withdrawals Experience

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.

Withdrawals Experience

In order to be eligible to make withdrawals you need to have completed the platform Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

The minimum withdrawal amount for cryptocurrencies is 5 USD and for stablecoins is 50 USD. Most crypto withdrawals do not attract fees, but this does vary by currency.

In our experience withdrawals are very fast, and appear to be automatically processed as soon as the request is made.

Many customer reviews mention how smooth the withdrawal process is.

There is no record of YouHodler ever having frozen withdrawals.

Go To Platform
Go To Platform

Risk

Risk Management Score
5
Risk Management Score
8
Risk Management

AAVE is itself a liquidity pool and some people consider this entire ecosystem to be higher risk. Having said this, AAVE's system has held up well to date, with no major hacks or security breaches.

AAVE is complex product and there remains a risk of a major bug or vulnerability in the code. To counteract this risk AAVE's protocol code is open source so it can be reviewed by anybody, plus it has been through multiple security audits. Finally, there is and active bug bounty campaign with rewards of up to $250,000 for the identification of a critical code issue.

The other key area of risk is in the loan liquidation process. In the event that a loan needs to be liquidated it may not be possible to generate sufficient funds through the sale of the collateral to cover the loan. For example there may be insufficient in the collateral token marketplace to realise the expected value of the collateral.

Risk Management

YouHodler offers two factor authentication on accounts to increase security against unauthorised access.

Fiat deposits are stored with reputable banks and crypto deposits are stored with Ledger Vault and covered by $150m insurance.

YouHodler is unique in its approach to yield generation. Unlike most other platforms, YouHodler does not lend funds outside of the platform. YouHodler does not invest funds into liquidity pools, DeFi protocols or other high-risk strategies. All yield is generated within the YouHodler platform through interest on loans taken out on the platform and fees charged by the platform.

We were unable to find any independent proof of reserves for YouHodler. Such proof would normally be undertaken by an independent accountant and would verify that the platform holds assets of greater value than customer liabilities (deposits). We hope YouHodler will look to introduce this in the future as it provides significant reassurance that the platform holds sufficient funds to repay all customer deposits if required.

YouHodler does provide a page of interesting stats about the platform. These stats include a chart which compares YouHodler's revenue against interest payments. The chart shows that revenue exceeds interest payments, although in some quarters the revenue has only marginally been higher than interest payments. Nonetheless, the chart provides some reassurance over the liquidity of the YouHodler platform.

YouHodler engages external security consultants to audit the security of the YouHodler platform.

Go To Platform
Go To Platform

Reviews

67% based on 9 reviews
87% based on 164 reviews
Go To Platform
Go To Platform

Staking Rates

The table below compares the staking rates for AAVE and YouHodler.
Stable Coins
Crypto Currencies
Loading rates ...
Stable Coins
BUSD BUSD
8%
8%
DAI Dai
8%
8%
8%
8%
HUSD HUSD
8%
8%
TUSD TrueUSD
8%
8%
USDC USDC
8%
8%
USDP Pax Dollar
8%
8%
8%
8%
Crypto Currencies
4%
4%
AAVE Aave
6%
6%
ADA Cardano
6%
6%
APE ApeCoin
30%
30%
ATOM Cosmos
3%
3%
AVAX Avalanche
9.5%
9.5%
25%
25%
3%
3%
5.5%
5.5%
BNB BNB
3%
3%
BNT Bancor
3%
3%
4.5%
4.5%
BTC Bitcoin
3%
3%
1.5%
1.5%
7%
7%
COMP Compound
2.5%
2.5%
DASH Dash
5.5%
5.5%
DOGE Dogecoin
3%
3%
DOT Polkadot
9%
9%
EGLD MultiversX
5.5%
5.5%
EOS EOS
5%
5%
ETH Ethereum
4%
4%
FIL Filecoin
3.5%
3.5%
FTM Fantom
4%
4%
FTT FTX Token
4%
4%
GALA Gala
3%
3%
GMT GMT
20%
20%
3%
3%
ILV Illuvium
3%
3%
LINK Chainlink
3.7%
3.7%
LTC Litecoin
5.5%
5.5%
4%
4%
3%
3%
MKR Maker
2.5%
2.5%
7%
7%
3%
3%
PAXG PAX Gold
3%
3%
REP Augur
2.5%
2.5%
3%
3%
SNX Synthetix
6%
6%
SOL Solana
8%
8%
SRM Serum
3%
3%
SUSHI SushiSwap
7%
7%
TRX TRON
7%
7%
UNI Uniswap
7%
7%
XLM Stellar
4.5%
4.5%
XRP XRP
4%
4%
XTZ Tezos
4%
4%
4.5%
4.5%
ZIL Zilliqa
5.5%
5.5%
4.5%
4.5%
Loading rates ...
Go To Platform
Go To Platform

Company

Legal name
Aave SAGL
Legal name
Youhodler SA
Year founded
2017
Year founded
2017
Country incorporated in
222
Country incorporated in
222
Headquarters country
1
Headquarters country
222
Platform token
Aave
Platform token
Decentralised
tick Yes
Decentralised
cross No
Open source
tick Yes
Open source
Number of employees
50-100
Number of employees
11-50
Total assets under management
$18,000,000,000USD
Total assets under management
Go To Platform
Go To Platform

Products

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
tick Yes
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
tick Yes
Corporate accounts
tick Yes
Corporate accounts
cross No
Instantly buy crypto with fiat
cross No
Instantly buy crypto with fiat
tick Yes
Integrated crypto wallet
tick Yes
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Fast account verification
tick Yes
Fast account verification
tick Yes
Futures exchange
cross No
Futures exchange
cross No
Go To Platform
Go To Platform

Security

Insurance level
Insurance level
$150,000,000USD
Cold storage
cross No
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
Ledger Vault
Crypto security standard
Crypto security standard
Yes - Level of compliance not clear
Two factor authentication
cross No
Two factor authentication
tick Yes
Loan over collateralisation percent
Loan over collateralisation percent
100%+
Credit check
cross No
Credit check
cross No
Go To Platform
Go To Platform

Support

24/7 support
cross No
24/7 support
tick Yes
Email support
tick Yes
Email support
tick Yes
Phone support
cross No
Phone support
cross No
Chat support
cross No
Chat support
tick Yes
Go To Platform
Go To Platform

Fees

Exchange fees
0% exchange fees
Exchange fees
0% exchange fees
Fiat deposit fee
Fiat deposit fee
Free, except USD SWIFT (25 USD fee per deposit) and EUR SWIFT (25 EUR fee per deposit)
Fiat withdrawal fee
Fiat withdrawal fee
USD (SWIFT) - 5% (min 70 USD), EUR (SEPA) - 5 EUR, EUR (SWIFT) - 55 EUR, GBP/CHF - 0.15% (55 GBP / 55 CHF min)
Crypto deposit fee
0
Crypto deposit fee
tick Free
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.
Withdrawal process
Provided you have completed the KYC and AML checks, withdrawals are very fast and smooth. Withdrawal requests are often processed within seconds of the request being made. User reviews repeatedly mention that they are impressed with the withdrawal process.
Crypto withdrawal fee
0
Crypto withdrawal fee
Free except BAT (10 BAT), REP (0.2 REP), LINK (0.43 LINK), XRP (0.5 XRP), PAXG (0.002 PAXG), UNI (1 UNI), COMP (0.04 COMP ), MKR (0.01 MKR), ETH (0.003 ETH)
Savings crypto account withdrawal limit
Unlimited
Savings crypto account withdrawal limit
Min withdrawl 10-50 USD in crypto equivalent
Loan crypto account withdrawal limit
Unlimited
Loan crypto account withdrawal limit
Savings fiat account withdrawal limit
Savings fiat account withdrawal limit
Min withdrawl by bank card - 2 USD / 2 EUR, by bank wire - 500 for USD; 50 for EUR; 500 for CHF and GBP
Go To Platform
Go To Platform

Investment Strategy

Liquidity pools
tick Yes
Liquidity pools
cross No
DeFi products
tick Yes
DeFi products
cross No
Unsecured loans
Unsecured loans
cross No
Independent proof of reserves
Independent proof of reserves
cross No
Go To Platform
Go To Platform

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
PCI DSS v3.2.1 Level 1
PCI DSS v3.2.1 Level 1
tick Yes
CryptoCurrency Security Standard (CCSS)
CryptoCurrency Security Standard (CCSS)
tick Yes
Cryptovalley Switzerland
Cryptovalley Switzerland
tick Yes
Blockchain Association
Blockchain Association
tick Yes
Go To Platform
Go To Platform

Other Platform Comparisons

Blog Page 1
Blog Page 2
Blog Page 3
Blog Page 4
Crypto Platform News - Uptober 2023
Crypto Platform News - September 2023
Crypto Platform News - August 2023
The Evolution of Monetary Sovereignty in Modern Finance and the Dollar as a Measurement Unit.
Crypto Platform News - July 2023
Crypto Platform News - June 2023
The Top 5 Biggest Crypto Cities and Communities
Responsible Development of AI; Let's be good parents for AI
Crypto Platform News - May 2023
April 2023 Market Review
Crypto Platform News - April 2023
Crypto Platform News - March 2023
March 2023 Market Review
Are cryptocurrencies securities? Is Bitcoin Halal?
February 2023 Market Review
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.

Why Compare With Definda?

tick Completely Impartial

We always rank and compare products objectively and impartially.

tick Careful Research

We carefully research products for legitimacy before adding them to the platform.

tick We Never Sell Your Data

We never sell or disclose your data to anyone.

© DeFinda 2024
Share Page Using
Twitter
Email
Whatsapp
Facebook
Reddit
LinkedIn