Aave
AAVE

65.00
$
0.68 %
Change 24h
Market Cap
$ 942,099,000
Volume 24h
$ 56,440,000
Circulating Supply
14579826
Total Supply
16,000,000
AAVE
$
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.