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)

Bitcoin (BTC)

BUSD (BUSD)

USD Coin (USDC)

Ethereum (ETH)

British Pound (GBP)

Euro (EUR)


Binance	Aave (AAVE)	Tether (USDT)	74.30 USDT	7.93%	$10,468,750	43.96%

HitBTC	Aave (AAVE)	Tether (USDT)	74.28 USDT	8.04%	$9,270,674	21.28%

Coinbase Pro	Aave (AAVE)	US Dollar (USD)	74.35 USD	7.93%	$7,378,689	37.07%

UPbit	Aave (AAVE)	SK Won (KRW)	107,550.00 KRW	7.81%	$3,391,147	9.00%

Bibox	Aave (AAVE)	Tether (USDT)	74.21 USDT	7.85%	$3,310,034	15.72%

FTX	Aave (AAVE)	US Dollar (USD)	74.42 USD	8.06%	$1,843,697	25.80%

Binance	Aave (AAVE)	Bitcoin (BTC)	0.0039300 BTC	7.88%	$1,795,243	50.01%

Binance	Aave (AAVE)	BUSD (BUSD)	74.40 BUSD	7.92%	$1,481,696	23.81%

Huobi Global	Aave (AAVE)	Tether (USDT)	74.35 USDT	7.97%	$1,078,811	20.19%

Kucoin	Aave (AAVE)	Tether (USDT)	74.42 USDT	7.86%	$945,459	32.73%

Bibox	Aave (AAVE)	Bitcoin (BTC)	0.0039760 BTC	7.41%	$763,075	208.57%

HitBTC	Aave (AAVE)	Bitcoin (BTC)	0.0039295 BTC	7.88%	$458,843	1.87%

Huobi Global	Aave (AAVE)	USD Coin (USDC)	74.35 USDC	8.08%	$421,254	0.15%

Gate.io	Aave (AAVE)	Tether (USDT)	74.47 USDT	7.77%	$362,598	43.42%

Gemini	Aave (AAVE)	US Dollar (USD)	74.38 USD	7.84%	$327,616	61.61%

Kraken	Aave (AAVE)	US Dollar (USD)	74.17 USD	8.01%	$282,140	56.60%

Binance US	Aave (AAVE)	US Dollar (USD)	74.13 USD	8.08%	$212,167	23.44%

Binance	Aave (AAVE)	Ethereum (ETH)	0.06 ETH	8.07%	$170,058	17.76%

Coinbase Pro	Aave (AAVE)	British Pound (GBP)	70.48 GBP	6.60%	$165,281	31.40%

Coinbase Pro	Aave (AAVE)	Euro (EUR)	77.90 EUR	7.60%	$128,260	13.58%