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.


Aave

Aave (AAVE)

Tether (USDT)

US Dollar (USD)

SK Won (KRW)

Ethereum (ETH)

Euro (EUR)

Bitcoin (BTC)

British Pound (GBP)

Turkish Lira (TRY)


Poloniex	Aave (AAVE)	Tether (USDT)	86.49 USDT	2.39%	$9,464,258	8.56%

Huobi Global	Aave (AAVE)	Tether (USDT)	86.60 USDT	2.50%	$5,123,881	4.50%

Coinbase Pro	Aave (AAVE)	US Dollar (USD)	86.56 USD	2.43%	$3,213,096	29.19%

UPbit	Aave (AAVE)	SK Won (KRW)	126,800.00 KRW	1.70%	$1,648,881	134.13%

Bibox	Aave (AAVE)	Ethereum (ETH)	0.03 ETH	0.28%	$1,590,342	0.01%

Coinbase Pro	Aave (AAVE)	Euro (EUR)	81.47 EUR	2.40%	$184,422	34.42%

Coinbase Pro	Aave (AAVE)	Bitcoin (BTC)	0.0013420 BTC	2.62%	$147,923	40.23%

Bitfinex	Aave (AAVE)	US Dollar (USD)	86.64 USD	2.54%	$138,357	135.84%

Bitstamp	Aave (AAVE)	Euro (EUR)	82.10 EUR	4.13%	$127,867	230.96%

Binance US	Aave (AAVE)	Tether (USDT)	87.00 USDT	2.95%	$62,916	235.80%

Bitstamp	Aave (AAVE)	US Dollar (USD)	87.75 USD	5.71%	$40,131	39.64%

Bitfinex	Aave (AAVE)	Tether (USDT)	86.63 USDT	2.81%	$37,919	37.47%

Coinbase Pro	Aave (AAVE)	British Pound (GBP)	69.76 GBP	2.88%	$34,695	123.10%

Gemini	Aave (AAVE)	US Dollar (USD)	87.43 USD	4.62%	$19,571	69.71%

Bitstamp	Aave (AAVE)	Bitcoin (BTC)	0.0013533 BTC	0.00%	$6,550	0.00%

UPbit	Aave (AAVE)	Bitcoin (BTC)	0.0013583 BTC	5.33%	$777	280.30%

Poloniex	Aave (AAVE)	Bitcoin (BTC)	0.0012740 BTC	0.00%	$303	0.00%

Bibox	Aave (AAVE)	Tether (USDT)	0.0000000 USDT	0.00%	$0	0.00%

Kucoin	Aave (AAVE)	Tether (USDT)	0.0000000 USDT	0.00%	$0	0.00%

Gate.io	Aave (AAVE)	Turkish Lira (TRY)	0.0000000 TRY	0.00%	$0	0.00%