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)

SK Won (KRW)

US Dollar (USD)

USD Coin (USDC)

Bitcoin (BTC)

BUSD (BUSD)

Ethereum (ETH)

Euro (EUR)

Binance Coin (BNB)


Binance	Aave (AAVE)	Tether (USDT)	98.50 USDT	4.45%	$42,088,443	143.35%

UPbit	Aave (AAVE)	SK Won (KRW)	126,850.00 KRW	5.71%	$19,792,898	284.20%

Coinbase Pro	Aave (AAVE)	US Dollar (USD)	98.37 USD	4.43%	$14,062,148	108.96%

ZB	Aave (AAVE)	USD Coin (USDC)	98.45 USDC	4.57%	$9,784,662	15.24%

HitBTC	Aave (AAVE)	Tether (USDT)	98.52 USDT	4.53%	$9,627,946	137.76%

FTX	Aave (AAVE)	US Dollar (USD)	98.59 USD	4.34%	$5,691,651	28.86%

Binance	Aave (AAVE)	Bitcoin (BTC)	0.0033830 BTC	4.50%	$5,599,703	85.23%

Huobi Global	Aave (AAVE)	Tether (USDT)	98.52 USDT	4.53%	$5,183,897	173.20%

Binance	Aave (AAVE)	BUSD (BUSD)	98.50 BUSD	4.56%	$3,906,350	204.82%

Kucoin	Aave (AAVE)	Tether (USDT)	98.56 USDT	6.88%	$3,239,111	2,729.11%

Gate.io	Aave (AAVE)	Tether (USDT)	98.28 USDT	4.04%	$2,755,599	216.55%

Kraken	Aave (AAVE)	US Dollar (USD)	98.36 USD	4.07%	$1,940,501	323.87%

Bibox	Aave (AAVE)	Tether (USDT)	98.25 USDT	4.40%	$1,851,187	101.35%

Binance	Aave (AAVE)	Ethereum (ETH)	0.05 ETH	4.42%	$1,535,728	385.04%

Coinbase Pro	Aave (AAVE)	Bitcoin (BTC)	0.0033780 BTC	3.96%	$862,454	94.57%

Binance US	Aave (AAVE)	US Dollar (USD)	98.68 USD	4.60%	$658,076	252.63%

Coinbase Pro	Aave (AAVE)	Euro (EUR)	92.40 EUR	4.89%	$612,894	349.61%

Kraken	Aave (AAVE)	Euro (EUR)	92.31 EUR	4.69%	$568,627	293.43%

FTX	Aave (AAVE)	Tether (USDT)	98.47 USDT	4.51%	$560,449	33.05%

Binance	Aave (AAVE)	Binance Coin (BNB)	0.31 BNB	4.59%	$540,531	130.97%