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)

BUSD (BUSD)

Bitcoin (BTC)

Binance Coin (BNB)

Ethereum (ETH)

Euro (EUR)


Binance	Aave (AAVE)	Tether (USDT)	88.70 USDT	1.11%	$10,443,671	54.60%

Coinbase Pro	Aave (AAVE)	US Dollar (USD)	88.68 USD	1.08%	$4,795,114	68.02%

HitBTC	Aave (AAVE)	Tether (USDT)	88.69 USDT	1.10%	$2,575,712	46.39%

UPbit	Aave (AAVE)	SK Won (KRW)	111,850.00 KRW	1.32%	$2,356,793	52.91%

Bibox	Aave (AAVE)	Tether (USDT)	88.46 USDT	1.04%	$2,252,225	467.78%

Binance	Aave (AAVE)	BUSD (BUSD)	88.70 BUSD	1.11%	$1,525,210	59.82%

Binance	Aave (AAVE)	Bitcoin (BTC)	0.0037920 BTC	1.14%	$466,985	66.58%

Poloniex	Aave (AAVE)	Bitcoin (BTC)	0.0037990 BTC	0.80%	$465,062	58.06%

Kucoin	Aave (AAVE)	Tether (USDT)	88.75 USDT	1.00%	$457,054	65.16%

Kraken	Aave (AAVE)	US Dollar (USD)	88.69 USD	1.09%	$305,573	74.83%

Poloniex	Aave (AAVE)	Tether (USDT)	88.52 USDT	1.04%	$188,567	13.08%

Binance	Aave (AAVE)	Binance Coin (BNB)	0.27 BNB	1.20%	$150,337	76.34%

Binance	Aave (AAVE)	Ethereum (ETH)	0.05 ETH	0.99%	$131,129	75.92%

Kraken	Aave (AAVE)	Euro (EUR)	82.35 EUR	0.93%	$125,704	67.51%

Huobi Global	Aave (AAVE)	Tether (USDT)	88.75 USDT	1.03%	$106,422	70.16%

Coinbase Pro	Aave (AAVE)	Euro (EUR)	82.24 EUR	0.94%	$104,815	70.35%

Gate.io	Aave (AAVE)	Tether (USDT)	88.68 USDT	1.16%	$101,590	74.31%

HitBTC	Aave (AAVE)	Bitcoin (BTC)	0.0037939 BTC	1.09%	$93,923	51.15%

Bitstamp	Aave (AAVE)	Euro (EUR)	82.22 EUR	0.71%	$86,123	44.60%

Binance US	Aave (AAVE)	US Dollar (USD)	88.70 USD	1.28%	$69,646	50.05%