Aave differentiated itself from other prominent lending protocols by supporting a wider range of assets to lend and borrow from and by pioneering new lending primitives including rate switching, collateral swap and flash loans.
Aave is exposed to more risks than its blue-chip counterparts given its more exotic assets and lower liquidation threshold. It also faces increased pressures from newer lending protocols with permissionless lending pools that better cater to long-tail assets.
Aave is one of the best money market platforms to earn interest on your crypto assets across several alternative chains given its high usage and low risk.