Rank # 36
Aave
AAVE/USD
$271.4
| 1h | 24h | 7d | 14d | 30d | 1yr |
|---|---|---|---|---|---|
-0.2% | -1.3% | 0.7% | 18.4% | 8.3% | 235.6% |
24 Hour Low
$267.72
24 Hour High
$276.07
Market Cap
$4,118,462,311
Circulating Supply
15,175,478.308
About
Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.