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)

SK Won (KRW)

Tether (USDT)


UPbit	Aave (AAVE)	SK Won (KRW)	202,950.00 KRW	0.08%	$23,588,990	59.34%

Poloniex	Aave (AAVE)	Tether (USDT)	149.22 USDT	1.07%	$7,287,810	27.60%

Huobi Global	Aave (AAVE)	Tether (USDT)	150.46 USDT	0.05%	$3,250,664	0.28%

Bitstamp	Aave (AAVE)	US Dollar (USD)	148.82 USD	1.18%	$797,609	25.61%

Bibox	Aave (AAVE)	Bitcoin (BTC)	0.0025739 BTC	2.60%	$510,981	507.97%

Bitfinex	Aave (AAVE)	US Dollar (USD)	149.70 USD	0.63%	$365,639	43.20%

Bitfinex	Aave (AAVE)	Tether (USDT)	149.38 USDT	0.56%	$305,369	191.70%

Bitstamp	Aave (AAVE)	Euro (EUR)	134.69 EUR	1.28%	$99,060	57.10%

Gemini	Aave (AAVE)	US Dollar (USD)	150.21 USD	0.03%	$98,116	54.00%

UPbit	Aave (AAVE)	Bitcoin (BTC)	0.0025788 BTC	1.78%	$27,212	146.06%

Binance US	Aave (AAVE)	Tether (USDT)	149.83 USDT	1.32%	$25,280	17.24%

Poloniex	Aave (AAVE)	Bitcoin (BTC)	0.0027970 BTC	7.82%	$1,481	9.97%

Bitstamp	Aave (AAVE)	Bitcoin (BTC)	0.0026446 BTC	0.57%	$920	50.18%

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

Bibox	Aave (AAVE)	Ethereum (ETH)	0.0000000 ETH	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%

Gate.io	Aave (AAVE)	Ethereum (ETH)	0.0000000 ETH	0.00%	$0	0.00%

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

Bittrex	Aave (AAVE)	Bitcoin (BTC)	0.0000000 BTC	0.00%	$0	0.00%