> For the complete documentation index, see [llms.txt](https://resources.defirisk.intotheblock.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://resources.defirisk.intotheblock.com/aave-v3.md).

# Aave v3

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Aave offers a decentralized, non-custodial liquidity platform where individuals have the opportunity to engage either as depositors or borrowers. By contributing liquidity to the market, depositors can earn passive income. Meanwhile, borrowers have the flexibility to obtain loans in a manner that requires over-collateralization.