Agave is a decentralized non-custodial money market protocol that allows users to participate as depositors or borrowers. It is a fork of the Aave protocol-v2 and is deployed on xDAI. Agave is being actively developed by members of the 1hive community.

Depositors contribute liquidity to the market and earn passive income, while borrowers have the option to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion, such as flash loans.