Aave operates as a decentralised, non-custodial liquidity protocol that allows individuals to act as either suppliers or borrowers. Suppliers contribute liquidity to the market and earn interest in return, whereas borrowers obtain liquidity by posting collateral worth more than the amount they borrow.

aEthWETH is an aToken within the Aave ecosystem. It serves as a yield-bearing token issued to users who deposit WETH (Wrapped Ether) into the Aave V3 network on Ethereum.