Aave
24h
7d
30d
Aave
24h
7d
30d
Market Cap and Supply
Market Cap
$1,194,894,005
0.69%
Fully Diluted Market Cap
$2,878,045,093
0.69%
Circulating Supply
16,000,000
Supply Availability
Availabile
100.00%Not availablele
0.00%Trading Statistics24h
Volume
$45,185,434
507.66%
Open
$185.57
Low
$83.392
High
$90.931
Close
$178.37
Liquidity
Bids vs Asks (1% depth)
N/A
N/A
All Times
All time high
$661.69
All time low
$26.02
ATH
Current Price
$84.6207
ATL
24.88%
Social24h
Lists
5,265
Followers
477,781
Statuses
3,351
Likes
0
Talks
0
Post Daily
0.29
Comments
1
Subscribers
15,980
Development24h
Github
Stars
872
Subscribers
95
Github Issues
Closed
15
Open Total
11
Closed Pull Req.
9
General Information
Consensus
N/A
Algorithm
N/A
Sector
DeFi
No. of Exchanges
23
No. of Pairs
About Aave
What Is Aave?
One of a number of emerging DeFi cryptocurrencies, Aave is a decentralized lending system that allows users to lend, borrow and earn interest on crypto assets, all without middlemen. ... This allows a borrower to gain exposure to different cryptocurrencies without owning them outright. Aave is a blockchain based protocol powering a non-custodial money market that involves borrowers and lenders/depositors.The network receives liquidity from depositors and allows borrowers to obtain loans using an undercollateralized or overcollateralized approach.The protocol is inspired by ETHLend, a decentralized peer-to-peer lending platform. The network provides lending by creating a market. Apart from providing these services to DeFi enthusiasts, the Aave protocol also allows similar products to be built on top of its platform and powered by the Ethereum blockchain.Aave protocol employs the use of pools where depositors deposit their cryptocurrency. However, the pools are divided according to the cryptocurrency deposited. Depositors then become lenders and earn an interest charged on borrowers. Using a pooled approach, borrowers borrow from a pool and not from an individual depositor, effectively evading the p2p model used by other decentralized platforms. Aave supports USDt, ETH, wrapped Bitcoin (WBTC),YFI, and 14 other cryptocurrencies.