Rank # 42
Aave
(AAVE)
$302.56
-2.4%
Market Cap
$4,605,423,288Circulating Supply
15,230,459.211
24 Hour High
$312.31
24 Hour Low
$302.39
24h
7d
30d
-2.4%
0.9%
1.3%
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.