The bridge between TradFi and DeFi is no longer one-way. Aave, a historic DeFi player with $70 billion in assets under management, is proving that with its consumer-focused savings application. Initially available on iOS, Aave App offers users a savings product with variable returns of up to 6.5%, depending on market conditions. For comparison, most fintech savings accounts offer around 3.5% interest, while traditional banks sit closer to 0.40%. The offer is even more enticing for U.S. users,...

The bridge between TradFi and DeFi is no longer one-way. Aave, a historic DeFi player with $70 billion in assets under management, is proving that with its consumer-focused savings application. Initially available on iOS, Aave App offers users a savings product with variable returns of up to 6.5%, depending on market conditions. For comparison, most fintech savings accounts offer around 3.5% interest, while traditional banks sit closer to 0.40%. The offer is even more enticing for U.S. users,...