> For the complete documentation index, see [llms.txt](https://docs.mangrove.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mangrove.exchange/strategies/kandel-aave/what-is-kandel-and-kandel-aave.md).

# What is Kandel and Kandel Aave?

Kandel is an Automated Market Making strategy that uses on-chain order flow to repost offers instantly, without any latency. It could be considered as a market-making bot equivalent that operates solely on the blockchain. It leverages **the interaction between buyers and sellers** that creates price movement, rather than the price itself.

Within a market and price range you select, Kandel automatically posts Bids and Asks. **Its main goal is to buy low and sell high** - profits are made through accumulated spread, i.e. the difference between the Bids and Asks that are taken.

## Kandel Aave

Kandel Aave is a strategy based on Kandel, but with funds deposited on [Aave](https://aave.com/) at any given time, the leading lending protocol on EVM. This allows users to combine trading fees generated on Mangrove while also benefiting from Aave’s yield.