Lending
One way to lend is to hand over a stablecoin and receive a token that stands for the loan. Lend 100 Dai and you receive 100 Aave Dai (aDai). That token stands for the Dai you lent.
A decentralised exchange lets you swap one token for another whenever you want. You do not give up control of the tokens.
- Source: Decentralized finance (DeFi), ethereum.org (page updated 26 Jul 2026) · read 26 Oct 2026
- Source: Aave Protocol Deployed Contracts, Aave · read 26 Oct 2026
Technical detail
Aave's list of deployed contracts names pools, a pool configurator, and hubs and spokes, including Core Hub and Treasury Spoke. The word Dai is not on the list, so no lending contract was checked and the published code of those contracts was not read.