Is AAVE deflationary?

Key figures

Scores are 0–100 research shortcuts, not price forecasts. Sources: strong. Data as of Sep 6, 2026.

Supply history

Daily observed circulating supply from the market snapshot. Scheduled releases are shown separately below.

Upcoming releases

The published release schedule is complete. More than 96% of the cap circulates; remaining reserve movement is governance-controlled.

No calculable AAVE release is published for the coming months.

How AAVE supply changes

The capped migration supply is nearly fully circulating. DAO purchases do not reduce total supply unless tokens are provably burned.

Questions people ask about AAVE supply

Is AAVE deflationary?

AAVE supply is expected to stay about flat over the next twelve months (0.0% policy). That figure is a published protocol policy, not a measured rate. Under its dao buybacks / reserve management program, tokens are held by the project, funded by dao revenue and treasury. No scheduled token releases are known for the next twelve months. Beneat Supply Watch ranks AAVE #9 of 25 with an overall supply score of 77 out of 100, as of Sep 6, 2026.

When is the next AAVE unlock?

No dated AAVE release is published for the coming months: the published release schedule is complete. More than 96% of the cap circulates; remaining reserve movement is governance-controlled.

How much AAVE is in circulation?

15.4M AAVE is in circulation, about 96.4% of the 16.0M reference supply, with a market cap of $2.07B. Release progress is 5 of 5; expected completion: Effectively complete.

How does AAVE supply change?

The capped migration supply is nearly fully circulating. DAO purchases do not reduce total supply unless tokens are provably burned. Program: DAO buybacks / reserve management. Paid for by dao revenue and treasury. Destination: treasury or redistribution.

How reliable is this data?

AAVE has strong sources: 2 cited documents, last checked Sep 6, 2026. Reconciliation against the published plan is "within-tolerance". Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation.

Sources

• CoinGecko · Market and circulating-supply snapshot ↗2026-09-06
• Aave Governance · AAVE migration and ecosystem reserve ↗2026-09-01

Reconciliation: within-tolerance. Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation. Machine-readable data: /api/screener/deflationary and calendar for AAVE.