Rank # 42
Aave
(AAVE)
$217.24
-2.5%
Market Cap
$3,282,922,862Circulating Supply
15,114,940.47
24 Hour High
$225.1
24 Hour Low
$211.41
24h
7d
30d
-2.5%
28.3%
51.0%
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.