Aave
AAVE

261.14
$
7.63 %
Change 24h
Market Cap
$ 3,916,555,802
Volume 24h
$ 1,049,958,973
Circulating Supply
15,006,820
Total Supply
16,000,000
AAVE
$
# Exchange Pair Price Volume 24h

Description

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 canĀ earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.