Rank # 39
Aave
(AAVE)
$245.2
-3.0%
Market Cap
$3,714,200,261Circulating Supply
15,152,070.91
24 Hour High
$254.01
24 Hour Low
$239.16
24h
7d
30d
-3.0%
-7.4%
40.1%
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.