CryptoCurrencies
16798
Exchanges
500
Total Market Cap
3,824,419,793,017
Volume 24h
363,208,730,260
Dominance
BTC 54.45%   ETH 10.36%   XRP 4.75%   USDT 3.62%

Aave
AAVE

356.99
$
4.47 %
Change 24h
Market Cap
$ 5,374,486,334
Volume 24h
$ 1,321,024,582
Circulating Supply
15,049,774
Total Supply
16,000,000
AAVE
$
# Exchange Pair Price Volume 24h

Description

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 canĀ earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.