Market Cap | Volume | Available Supply |
$1,261,863,041.00 | $87,925,222.00 | 14,260,559 AAVE |
Aave current price is $88.41 with a marketcap of $1,261,863,041.00. Its price is -2.37% down in last 24 hours.
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.