{"updatedAt":"2026-04-04T02:33:25.423Z","live":false,"chain":"Arbitrum","protocol":{"id":"aave","name":"Aave V3","slug":"aave-v3","engine":"strategy","hybridEngines":[],"defillamaSlug":"aave-v3","defillamaProject":["aave v3","aave"],"reframe":"Yield is market-clearing borrow demand passed to suppliers through utilization curves.","mechanism":"Aave algorithmically adjusts rates by utilization so suppliers earn from borrower demand and risk pricing.","thrives":"Strong borrow demand and healthy collateral conditions.","breaks":"Low utilization, bad debt episodes, or oracle governance failures.","risks":["Utilization collapse","Oracle manipulation","Bad debt"],"arbitrumNative":false,"contractAddresses":{},"snapshot":{"protocolId":"aave","apy":4.2,"tvlUsd":890000000,"symbol":"aUSDC"}}}