Aave iOS app has opened early access, while Android and Web users are still pending access

Aave began opening its iOS mobile application to early users on Wednesday, pushing its consumer savings product into early access, while Android and Web users still need to wait on the waiting list. Aave founder Stani Kulechov stated that the Ghost Pass allows users to invite friends to skip the waiting list.

The app is positioned as a savings application, supporting bank account and stablecoin deposits, allowing users to connect bank accounts and debit cards, with stablecoin wallets supporting deposits and withdrawals on Arbitrum. Funds deposited generate returns through the public lending market, with assets supplied to the lending pool, and the interest paid by borrowers flowing to depositors. Aave Labs stated in July that there were about 50,000 registered users on the iOS waiting list.

Aave describes the app as self-custodial, although it has login and recovery features similar to fintech applications. The app's terms state that the embedded wallet generates and stores private keys locally, and Aave Labs does not hold user assets or keys, managing wallet setup and gas through smart account abstraction. This release is part of Aave's initiative to expand retail distribution following the acquisition of Stable Finance in October 2025, with Stable Vaults now providing a savings layer for the Aave app and open to fintech companies seeking embedded stablecoin yields.