No single dated event in the next 90 days.
No minting. The DAO reserve pays stakers and staff.
AAVE runs the Aave lending protocol: 15.44M of its 16M coins circulate. None are minted; new supply only comes out of the DAO's reserve.
Sell pressure. In 90 days stakers claimed 15,642 AAVE of rewards and DAO streams paid out 5,888 AAVE, mostly to Aave Labs. About 7,089 AAVE unlocks on the streams next.
Buy pressure. Nothing. Buybacks have been paused since Apr 19 2026, and there is no burn.
Net. Net, supply grows about 0.14% in 90 days, and 0.15% next.
No new AAVE is ever minted. Instead, stakers in the Safety Module earn 150 AAVE a day, paid out of the DAO's Ecosystem Reserve — the only AAVE not counted as circulating. In these 90 days stakers claimed 15,642 AAVE from it, a bit more than the 13,500 that accrued, because older unclaimed rewards were also collected. The next 90 days keep the same pace.
Three DAO streams pay AAVE out of the same reserve: 75,000 AAVE to Aave Labs over four years (to Apr 12 2030, about 51 a day, as staff pay), and 5,000 AAVE a year each to two service providers. 5,888 AAVE was actually drawn in these 90 days. The next 90 days unlock about 7,089 AAVE on schedule; one provider has not drawn its stream yet and has about 1,480 AAVE waiting.
The Ecosystem Reserve holds 563,912 AAVE: about 74,607 is promised to the three streams and the rest pays staking rewards, with no other release planned. The DAO also keeps the 240,502 AAVE it bought back (in its finance committee's safe, unmoved all window), plus about 6,592 AAVE in its treasury. Those two piles already count as circulating, so spending them would add no new supply.
No bankruptcy estate or long lock holds AAVE. The old LEND-to-AAVE swap was closed on May 9 2026, and its 302,384 leftover AAVE went back into the Ecosystem Reserve.
The DAO bought back more than 205,000 AAVE from Apr 2025, then paused on Apr 19 2026 after a bridge hack hit its markets. Nothing was bought in these 90 days: the safe holding the bought AAVE read 240,502 at both ends. A new automatic buyback, maybe with a burn, has been talked about but has no vote or date. Coins bought into that safe stay in the circulating count unless they are burned.
AAVE has no fee burn today. Total supply read 16M at both ends of the window, and only dust reached burn addresses.
No team, treasury or company bought AAVE off the market in this window.
Staked AAVE in the Safety Module rose by about 237,180 to 2.48M AAVE in these 90 days. Staked AAVE still counts as circulating, so it takes nothing out of the float.
Two sides: how much people want AAVE right now, and how much buying could come later.
This part is based on social media. It shows how hot AAVE is right now. A better rank means more people are talking about it.
Today, people are talking about AAVE for two reasons:
On Oct 14 2026, Babylon Labs posted a formal request to let users borrow against native BTC that stays on the Bitcoin chain. Aave DAO would get the first $500,000 a year of fees from it, and part of the income would buy AAVE. People ask if this can bring big bitcoin holders to Aave, and when the vote comes.
On Oct 16 2026, Pendle said its market rates now feed Aave's risk settings live, inside limits set by Aave's governance. Aave already lends against many Pendle tokens. People ask if faster risk updates make these loans safer and let Aave lend more.
Checked Oct 17 2026
Supply and demand point to a positive long-run signal for Aave (Oct 18 2026, score 7/10). Aave adds +0.15% new supply in 90 days, and demand reads strong (3.5/5). Aave's price drivers: 2 ▲ price up, 0 ▼ price down.
Two drivers likely help. Money deposited in Aave has been recovering since June, and the DAO now gets all of Aave's revenue. Supply barely grows too, only +0.15% in 90 days (Oct 13 2026), so new coins add little selling. For Aave, the supply-and-demand signal is positive right now.
Aave trades near $158 (Oct 18 2026). $1,000 a coin means a $15.4B market cap, 6.3 times today's $2.44B. Aave's supply also grows +0.60% in the next year, so every extra coin needs buyers too. Our supply-and-demand read for Aave stays positive.
We would read Aave differently if new supply jumps (today +0.15% in 90 days), or demand falls from strong. Until then Aave's signal stays positive. Mark this date for Aave: Oct 25 2026? — Bitwise new date.
Aave scores 7/10 on our framework (Oct 18 2026): supply 3.5/5 (steady), demand 3.5/5. Over the next year Aave's supply changes +0.60%. The long-run signal is positive.
Supply and demand favor Aave most when little new supply is coming, demand is strong and the price drivers point up. Right now Aave has +0.15% new supply in 90 days (steady), demand strong (3.5/5), drivers 2 ▲ / 0 ▼.
Aave's price drivers today: 2 pointing up, 0 pointing down, out of 3. ▲ Money in Aave: Deposits recovering since June, still far below the Sep 2025 peak. ▲ DAO vs Labs: DAO now gets all Aave revenue; brand handover still pending. • US AAVE ETF: No US AAVE ETF yet; Bitwise's next date is Oct 25 2026.
Aave: positive signal, 7/10 · Bitcoin: positive signal, 8.5/10 (Oct 18 2026). By supply and demand, Aave reads weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. AAVE supply grows +0.15% in the next 90 days, so it shows in red: more AAVE reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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