Borrow Against LP Positions on Aave v4

Borrow AgainstLiquidity Positions

Access up to 80% of your Liquidity Pool value
at 5.5% APR without withdrawing liquidity or
giving up trading fees.Access up to 80% of your Liquidity Pool value at 5.5% APR
without withdrawing liquidity or giving up trading fees.

Meet Avana

A lending protocol for LP-backed loans

In 2021, Aave launched AMM Market and proved LP positions could serve as collateral, but it was built for the simpler DEXs of that era. Avana picks up where that left off, designed for today's DEXs and LP types, treating each position as collateral shaped by dual oracles and stronger risk controls.

Avana Markets

Unlock Capital from AMM Markets

Borrow

Learn more

Borrow against LP positions while your liquidity stays active in the underlying AMM.

Lend

Learn more

Supply capital into Hub-connected lending markets and earn from LP-backed borrower demand.

Multiply

Learn more

Use LP-backed credit to create managed leverage without exiting your base liquidity position.

Borrow Markets

Access loans using hundreds of LP collateral

ETH / USDCUniswap v3

TVL$245.8M

WBTC / ETHCurve

TVL$189.2M

DAI / USDCAerodrome

TVL$312.5M

USDT / USDCCurve

TVL$428.1M

stETH / ETHUniswap v2

TVL$567.3M

LINK / ETHAerodrome

TVL$45.6M

UNI / ETHUniswap v3

TVL$78.4M

AAVE / ETHCurve

TVL$34.2M

ETH / USDCUniswap v3

TVL$245.8M

WBTC / ETHCurve

TVL$189.2M

DAI / USDCAerodrome

TVL$312.5M

USDT / USDCCurve

TVL$428.1M

stETH / ETHUniswap v2

TVL$567.3M

LINK / ETHAerodrome

TVL$45.6M

UNI / ETHUniswap v3

TVL$78.4M

AAVE / ETHCurve

TVL$34.2M

UNI / ETHUniswap v3

TVL$78.4M

AAVE / ETHCurve

TVL$34.2M

CRV / ETHUniswap v2

TVL$52.8M

COMP / ETHCurve

TVL$19.4M

rETH / ETHCurve

TVL$234.5M

cbETH / ETHAerodrome

TVL$156.8M

FRAX / USDCUniswap v2

TVL$89.3M

LDO / ETHUniswap v3

TVL$42.1M

UNI / ETHUniswap v3

TVL$78.4M

AAVE / ETHCurve

TVL$34.2M

CRV / ETHUniswap v2

TVL$52.8M

COMP / ETHCurve

TVL$19.4M

rETH / ETHCurve

TVL$234.5M

cbETH / ETHAerodrome

TVL$156.8M

FRAX / USDCUniswap v2

TVL$89.3M

LDO / ETHUniswap v3

TVL$42.1M

FRAX / USDCUniswap v2

TVL$89.3M

LDO / ETHUniswap v3

TVL$42.1M

RPL / ETHCurve

TVL$31.6M

OP / ETHAerodrome

TVL$67.4M

ARB / ETHUniswap v3

TVL$118.5M

USDC / USDTCurve

TVL$512.9M

wstETH / ETHAerodrome

TVL$345.2M

WETH / AEROAerodrome

TVL$88.7M

FRAX / USDCUniswap v2

TVL$89.3M

LDO / ETHUniswap v3

TVL$42.1M

RPL / ETHCurve

TVL$31.6M

OP / ETHAerodrome

TVL$67.4M

ARB / ETHUniswap v3

TVL$118.5M

USDC / USDTCurve

TVL$512.9M

wstETH / ETHAerodrome

TVL$345.2M

WETH / AEROAerodrome

TVL$88.7M

wstETH / ETHAerodrome

TVL$345.2M

WETH / AEROAerodrome

TVL$88.7M

MATIC / ETHUniswap v3

TVL$76.3M

ETH / USDCUniswap v3

TVL$245.8M

WBTC / ETHCurve

TVL$189.2M

DAI / USDCAerodrome

TVL$312.5M

USDT / USDCCurve

TVL$428.1M

stETH / ETHUniswap v2

TVL$567.3M

wstETH / ETHAerodrome

TVL$345.2M

WETH / AEROAerodrome

TVL$88.7M

MATIC / ETHUniswap v3

TVL$76.3M

ETH / USDCUniswap v3

TVL$245.8M

WBTC / ETHCurve

TVL$189.2M

DAI / USDCAerodrome

TVL$312.5M

USDT / USDCCurve

TVL$428.1M

stETH / ETHUniswap v2

TVL$567.3M

Lend Markets

Earn interest from LP borrower demand

Supply single assets

Deposit supported assets into markets used by LP-backed borrowers.

Earn from demand

Supplier yield moves with utilization, liquidity, and borrower demand.

Withdraw when liquid

Redeem supplied assets when there is available liquidity in the market.

Multiply Markets

Increase Your Yield with Built-In Risk Controls

Loop LP capital

Supply LP collateral, borrow against it, resupply the borrowed capital, and repeat until your risk limit.

Risk tuned to pools

Continuous risk scoring tracks pool volatility and health quality.

ETH / USDCLow risk

Pool depthDeep

VolatilityLow

Oracle quality98 / 100

Borrowing enabled

WBTC / ETHWatch

Pool depthMedium

VolatilityMed

Oracle quality95 / 100

Borrowing enabled

ARB / USDCElevated

Pool depthShallow

VolatilityHigh

Oracle quality88 / 100

Borrowing enabled

ETH / USDCLow risk

Pool depthDeep

VolatilityLow

Oracle quality98 / 100

Borrowing enabled

Minimal volatility risk

Transparent risk parameters and predictable liquidation behavior for peg-aligned pools.

RangePeg

↑

↓

30d vol3.2%

Buffer18%

Cleaner position monitoring

Track health, usage, and pool-specific limits with a clearer LP-first borrowing workflow.

Console

Health

1.82

ETH / USDC64%

Cap$2.4M

Who it's for

Ways teams put LP credit to work

Treasury financing

Unlock cash against LP positions to fund runway without selling liquidity or giving up fee flow.

Grow exposure

Borrow against existing positions, add liquidity, and expand fee exposure from the same capital base.

Trading liquidity

Use LP-backed credit to rebalance inventory, hedge risk, or move quickly when a trade needs capital.

Cross-ecosystem credit

Keep LP collateral in one venue and borrow for use across other protocols, strategies, or chains.

Ops runway

Cover payroll, vendors, and launches with LP credit without touching core positions or reserves.

Move on short notice

Borrow when timing matters, then redeploy capital as opportunities open across the broader market.

Safety by design

Risk designed around liquidity positions

Isolated Spoke markets01

Dual-oracle pricing02

Always overcollateralized03

Borrower-protective liquidation04

Each Spoke market isolates LP-specific valuation, risk controls, and liquidation logic, so stress in one venue or pool design cannot cascade across the rest of the protocol or compromise unrelated positions.

Engineered for resilience

Backed by ,Powered by Aave v4

Aave v4 uses Hub and Spoke architecture for shared liquidity and flexible risk controls. Avana builds on it for secure LP-backed borrowing, resilient oracle checks, and controlled liquidation.

Borrow AgainstLiquidity Positions

A lending protocol for LP-backed loans

Unlock Capital from AMM Markets

Borrow

Lend

Multiply

Access loans using hundreds of LP collateral

Earn interest from LP borrower demand