Rank # 46
Aave
(AAVE)
$194.88
0.5%
Market Cap
$2,962,287,275Circulating Supply
15,189,090.27
24 Hour High
$196.21
24 Hour Low
$187.99
24h
7d
30d
0.5%
1.7%
8.4%
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.