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Aave
AAVE

158.51
$
4.27 %
Change 24h
Market Cap
$ 2,376,712,309
Volume 24h
$ 324,419,621
Circulating Supply
14,979,722
Total Supply
16,000,000
AAVE
$

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.