Rank # 46

Aave

(AAVE)

$121.66

-1.3%

Market Cap

$1,876,789,752

Circulating Supply

15,427,562.519

24 Hour High

$123.51

24 Hour Low

$120.57

24h

7d

30d

-1.3%

-9.0%

35.7%

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.