Lend crypto to passively make money from assets that you’re not currently using.
As a lender, you can gain money through interest on your crypto – perfect for earning passive income on assets you’re hodling. You can also participate in lending economies as a borrower. This lets you take out a leverage position on your crypto holdings or gain short-term liquidity.
Access to the Aave or Compound lending app pages and click ‘connect’ in the upper right corner. Select the Ledger option. You will then be able to lend your DAI secured by your hardware wallet. Lending permits you to deposit your tokens into a smart contract in exchange for cDAI (Compound) or aDAI (Aave). These represent your claim to the assets and interest.
Secure
Your hardware wallet secures your cDAI and aDAI. No one can claim your assets while lending them.
You're in control
In addition to lending crypto with Compound or Aave, you can also buy, exchange and grow your assets through the Ledger Live app with our partners.
1,800+ assets supported
Secure and manage over 1,800 coins and tokens with your Ledger wallet. Including Bitcoin, Ethereum, XRP and more.
When you own crypto, what you really own is a private key that gives you access to your coins. You need to keep this key completely safe – just like you would with your bank card or cash. When you keep and lend your crypto online, on an exchange for instance, you are not in control of this key, the exchange is.
A crypto wallet helps you protect and control your private key. Ledger hardware wallet is the best way to own and secure crypto. They’re the only crypto wallets that securely store your crypto offline – safe from hackers.
Secure, manage and grow your crypto assets with our partners. It’s easy with your Ledger wallet and Ledger Live.
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