Aave AAVE

Unclear use of revenue

DefiLlama’s methodology does not make clear whether holders revenue is bought back or paid out.

Lending, Ethereum, Polygon, Avalanche +19, 150 days of data

Not ranked: nothing returned to holders in the last 30 days (effective holders revenue $0)

Market cap

$1.76B

price $112.74 · 7d −9.8% · 30d −28.7%

FDV $1.81B (1.0× market cap)

source defillama

Counted per year

holders revenue of the last 30 days, $0, × 365 ÷ 30, × type factor 0.5 (an unclear use counts 50%)

Unclearbuyback share 0%

Nothing went to holders in the last 30 days, using 0¢ of every $1 it earns.

Not a buyback: counts for 50% in the multiple (type factor 0.5), so the denominator is $0 instead of $0.

Multiple

∞

no effective holders revenue: nothing flows back to holders, so the multiple is unbounded

Run-rate

∞

last 7 days $0 × 52 × 0.5 (type factor) = $0 a year

What we checked

Valuation
No effective holders revenue, so the multiple is ∞: nothing to value the token on.
Distribution
Unclear: The DefiLlama methodology does not say where holders revenue goes. Holders got $0 of $5.2M revenue in 30 days → buyback share 0%. DefiLlama: “Token Buy Back: Aave starts buy back AAVE tokens using Aave Treasury after 9th April 2025.”
Sustainability
Holders were paid on 0 of 30 days (0%); largest single day — of the month's holders revenue; paid to holders this week: — of the best week in 90 days. Revenue −8% over 7 days and +2% over 30 days, price −29% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

Data issue: chain mapping missingData issue (chain mapping missing): warning, scores are computed as usual

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d): $0 / $5.2M; last 30 closed days
To holders: Nothing went to holders in the last 30 days
FDV / dilution: $1.81B / 1.0×; FDV ÷ market cap
Price 7d / 30d: −9.8% / −28.7%
Revenue growth 7d / 30d: −8% / +2%; versus the period before
Divergence: 0.36; revenue growth minus price growth, 30d
DEX liquidity: $18.9M; DexScreener, representative pools
24h volume: $200.0M; all markets, CoinGecko
Unlocks 30d: —; DefiLlama's schedule does not cover the next 30 days while tokens are still locked
Revenue multiple: 28.0×; market cap ÷ revenue per year
Fee multiple: 3.7×; market cap ÷ fees per year
Distance to peak: not yet computed; this week ÷ best week of 90 days
Data since: Jun 16; first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)

Signal history

No signals for this token yet.

Versus peers

Lending (merged group) · 5 tokens · median multiple 31.2×

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
Token	Distribution	Multiple	Revenue multiple	Buyback share	To holders 30d	Market cap	Rev. growth 30d
Spark	Buyback	12.9×	3.6×	28%	$344k	$54.5M	+144%
Skyleader	Mixed	27.0×	8.4×	41%	$5.5M	$1.37B	−2%
Maple Finance	Buyback	35.5×	7.1×	20%	$317k	$138.2M	+6%
Liquity	Distribution	1.2k×	8.3×	81%	$128k	$16.2M	+418%
Aavethis token	Unclear	∞	28.0×	0%	$0	$1.76B	+2%

Score build-up10 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

10of 100 one or more parts are the neutral 50

Valuation 7.9Momentum 11.3Divergence 4.7Quality 0.0= 24.0

Valuation35%

23Valuation 22.6: HR half 0.0 (multiple n/a (effective HR 0) → 0; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 45.3 (revenue peer value 0.90×; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.

Momentum25%

45Momentum 45.2: m = 0.5·g7 −0.084 + 0.3·(ln(day jump 0.91) clamped ±1.5 = −0.095) + 0.2·g30 0.017 = −0.067; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.

Divergence20%

24Divergence 23.7: d = g30 − p30 = 0.356; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.

Quality20%

0Quality 0.0 (neutral): days HR>0 0%, largest day unknown, distance to peak unknown; a missing part gives the neutral 0.Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).

No holders revenue: total 24.0 → 10.0 (effective HR30 is 0; not ranked).

Penaltiesnone

No penalty applies — 10 rules checked, 3 wait for research data

Where the numbers come from

Revenue source: 3 active children; DefiLlama adapter per child
Price and market cap: defillama / defillama; latest fetch
Scored on: November 12, 2026; as-of date of the last compute run
On-chain verified: not yet; not checked yet

Protocols behind this token3 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

Aave V2
Lending · Ethereum, Polygon, Avalanche
type unclear · source none
No methodology text at DefiLlama.
adapter on GitHub ↗
Aave V3
Lending · Polygon, Fantom, Arbitrum, Avalanche, OP Mainnet, Ethereum, Metis, Base, Gnosis, BSC, Scroll, ZKsync Era, Linea, Celo, Sonic, Soneium, Plasma, Mantle, MegaETH, X Layer, Monad
type buyback · source label
“Token Buy Back: Aave starts buy back AAVE tokens using Aave Treasury after 9th April 2025.”
Aave starts buy back AAVE tokens using Aave Treasury after 9th April 2025.
Token Buy Back
Aave starts buy back AAVE tokens using Aave Treasury after 9th April 2025. They bought daily basic, but there are days they didn't.
adapter on GitHub ↗
Aave V4
Lending · Ethereum, Avalanche, Arc, Base
type distribution · source text
“No revenue shared to AAVE holders.”
No revenue shared to AAVE holders.
adapter on GitHub ↗