Aave
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Aave
Symbol: aave
Market Cap Rank: 38
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Price | $363.86 |
Marketcap | $4,753,041,038 |
Volume (Total) | $422,327,724 |
Change (24h) | $ -23.714934915549 ( -6.12% ) |
Total Supply | 16,000,000.0 aave |
About Aave
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.