Avalance dApps

List of the best dApps on the Avalanche blockchain.

Aave Aave 5.0 Aave serves as a decentralized, non-custodial liquidity protocol in DeFi, allowing users to supply assets for interest or borrow against overcollateralized positions. It operates across Ethereum and over 12 EVM-compatible networks, handling billions in weekly volume and net deposits. Core services include lending and borrowing with variable or stable rates, token swaps for any ERC-20, staking for protocol security rewards, and governance via AAVE token voting on improvements like asset listings. The native GHO stablecoin offers decentralized, overcollateralized stability. Key elements feature health factor monitoring for borrow risks, multi-network deployment for broad accessibility, and emphasis on transparency through open-source code and composability with other DeFi tools. Security draws from multiple audits, a bug bounty program, and a Safety Module backstop, supporting diverse assets like USDC and USDT while noting inherent protocol risks.
Yield Yak Yield Yak 4.0 YieldYak is a community-driven DeFi platform on Avalanche, offering auto-compounding yield vaults for USD and AVAX to maximize returns via optimized strategies across protocols. Key features include Yak Swap DEX aggregator, liquid staking (yyAVAX), and Yak Pools for liquidity provision. Supports farming, compounding rewards every few minutes, and $YAK token for governance and staking benefits.