Aave vs HyperSwap

Aave V3 is the third iteration of the Aave liquidity market protocol, introducing Portals for cross‑chain liquidity, High‑Efficiency (E‑Mode) lending and Isolation Mode markets to compartmentalise risk. The refactor cuts gas costs by up to 25 % and adds real‑time supply/borrow caps that can be tuned by AAVE token governance. V3 is live on Ethereum, Optimism, Arbitrum, Avalanche, Polygon, Metis and Base, collectively holding several billion dollars in deposits secured by the Safety Module.

HyperSwap V3 is a concentrated-liquidity automated market maker on HyperEVM. Liquidity providers choose price ranges for their capital, allowing active liquidity to support swaps more efficiently than a full-range pool while earning fees from trades. The exchange is integrated with HyperSwap's broader routing, liquidity and terminal products across the Hyperliquid ecosystem.