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)


Bibox	Aave (AAVE)	Tether (USDT)	67.24 USDT	0.00%	$2,735,096	0.00%

Coinbase Pro	Aave (AAVE)	US Dollar (USD)	67.50 USD	1.65%	$723,371	26.48%

Poloniex	Aave (AAVE)	Tether (USDT)	67.25 USDT	1.82%	$579,633	6.71%

Huobi Global	Aave (AAVE)	Tether (USDT)	67.46 USDT	1.75%	$520,508	10.14%

UPbit	Aave (AAVE)	SK Won (KRW)	89,880.00 KRW	1.99%	$241,393	50.30%

Poloniex	Aave (AAVE)	Bitcoin (BTC)	0.0024240 BTC	1.87%	$211,890	14.00%

Binance US	Aave (AAVE)	US Dollar (USD)	67.50 USD	1.89%	$51,286	19.07%

Coinbase Pro	Aave (AAVE)	Bitcoin (BTC)	0.0024310 BTC	1.91%	$43,004	50.05%

Bibox	Aave (AAVE)	Bitcoin (BTC)	0.0024232 BTC	0.34%	$29,566	95.33%

Bitfinex	Aave (AAVE)	Tether (USDT)	67.41 USDT	2.18%	$23,151	5.46%

Coinbase Pro	Aave (AAVE)	Euro (EUR)	62.88 EUR	1.88%	$21,555	66.65%

Bitstamp	Aave (AAVE)	Euro (EUR)	62.71 EUR	3.00%	$21,524	46.66%

Bitfinex	Aave (AAVE)	US Dollar (USD)	67.48 USD	2.12%	$11,934	86.42%

Coinbase Pro	Aave (AAVE)	British Pound (GBP)	54.55 GBP	1.78%	$9,254	74.21%

Binance US	Aave (AAVE)	Tether (USDT)	67.50 USDT	1.89%	$7,891	44.66%

Bitstamp	Aave (AAVE)	US Dollar (USD)	67.46 USD	2.06%	$6,258	40.88%

Gemini	Aave (AAVE)	US Dollar (USD)	67.50 USD	2.67%	$4,333	11.48%

Huobi Global	Aave (AAVE)	Ethereum (ETH)	0.04 ETH	3.28%	$2,770	34.45%

Bittrex	Aave (AAVE)	Bitcoin (BTC)	0.0023924 BTC	2.25%	$237	83.82%

Bittrex	Aave (AAVE)	US Dollar (USD)	57.00 USD	12.23%	$232	257.44%