Aave (AAVE)
Rank #47 · DeFi · data since 2020-10-02 · last close 2026-10-26
Aave (AAVE) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -11.5 | -13.3 | -12.3 | -5.5 | -11.5 | 3.7 | 10.1 | 32.4 | 28.5 | -14.8 | · | · |
| 2025 | 7.8 | -42.2 | -16.9 | 2.8 | 50.5 | 11.1 | -4.9 | 20.9 | -13.1 | -16.8 | -22.3 | -17.8 |
| 2024 | -21.0 | 23.0 | 21.4 | -35.0 | 24.5 | -6.1 | 10.2 | 20.7 | 20.9 | -8.5 | 47.6 | 45.7 |
| 2023 | 59.8 | -6.4 | -4.5 | -5.2 | -9.1 | 10.2 | -7.1 | -15.1 | 21.7 | 20.5 | 20.7 | 10.6 |
| 2022 | -38.0 | -7.4 | 42.0 | -31.3 | -20.6 | -49.5 | 70.7 | -12.9 | -12.0 | 12.3 | -22.1 | -20.5 |
| 2021 | 239.3 | 18.1 | 8.1 | 16.1 | -14.0 | -34.3 | 32.1 | 18.2 | -29.4 | 13.7 | -18.3 | -1.1 |
| 2020 | · | · | · | · | · | · | · | · | · | 5608.8 | 158.4 | 15.9 |
| Avg | 39.4 | -4.7 | 6.3 | -9.7 | 3.3 | -10.8 | 18.5 | 10.7 | 2.8 | 938.3 | 27.3 | 5.5 |
| Median | -1.9 | -6.9 | 1.8 | -5.3 | -10.3 | -1.2 | 10.2 | 19.5 | 4.4 | 13.0 | 1.2 | 4.8 |
October so far: -14.8% against an average of +938.3% and a median of +13.0% across 6 completed Octobers, 4 of them positive.
Values in %. Current and first-listed months are partial (greyed) and are left out of the Avg and Median rows.
returnsview.com
AAVE seasonality — average by calendar month
Aave's record starts in 2020, so each calendar month rests on 6 observations — short enough to read as description rather than signal. October carries the highest average at +938.4%, but the median October is +13.0% and 4 of 6 have finished green: +5609% in 2020 does most of the lifting. The steadier month is August — positive in 4 of 6 years, median +19.5%. May is the soft spot, down in 4 of 6 with a median of -10.3%. Across its full record it has closed 49% of months higher, swings ±41.4% in an average month and has fallen 92.1% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +39.4% | -4.7% | +6.3% | -9.7% | +3.3% | -10.8% | +18.5% | +10.7% | +2.8% | +938.4% | +27.3% | +5.5% |
| Win rate | 50%/6 | 33%/6 | 50%/6 | 33%/6 | 33%/6 | 50%/6 | 67%/6 | 67%/6 | 50%/6 | 67%/6 | 50%/6 | 50%/6 |
Win rate = share of positive months / sample size.
AAVE risk & extremes
AAVE drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was Aave's best month?+
Aave's strongest completed month on record is January 2021, at +239.35%.
What was Aave's worst month?+
Its weakest completed month on record is June 2022, at -49.46%.
Is Aave up this year?+
Aave is down 6.91% year to date, measured from its last close before 1 January.
What is Aave's 1-year return?+
-43.57% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Aave's biggest drawdown?+
The deepest peak-to-trough fall on record is 92.1%, measured on month-end closes since 2020.
Which calendar month is historically best for Aave?+
October has the highest average return across every completed October since 2020. An average is not a forecast.
About Aave
Aave is a defi token ranked #47 by market value, worth about $2.1 billion. DeFi's pawn shop, if pawn shops were run by friendly Finnish ghosts. And the long game: $100 at its first close here (2020) would be about $541 today.
Did you know?
- “Aave” means “ghost” in Finnish.
- It started life in 2017 as ETHLend before rebranding.
- It popularized flash loans — borrow millions with zero collateral, as long as you repay within one transaction.
Trivia for entertainment — the numbers come from our price data; the jokes don't.