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)


Huobi Global	Aave (AAVE)	Tether (USDT)	96.26 USDT	3.37%	$24,293,014	2.38%

Poloniex	Aave (AAVE)	Tether (USDT)	89.58 USDT	4.90%	$6,015,601	21.46%

Coinbase Pro	Aave (AAVE)	US Dollar (USD)	96.38 USD	3.32%	$4,826,638	33.33%

UPbit	Aave (AAVE)	SK Won (KRW)	130,900.00 KRW	3.55%	$3,813,632	12.19%

Bibox	Aave (AAVE)	Bitcoin (BTC)	0.0022963 BTC	3.44%	$866,211	51.39%

Poloniex	Aave (AAVE)	Bitcoin (BTC)	0.0022310 BTC	5.30%	$223,830	20.19%

Coinbase Pro	Aave (AAVE)	Euro (EUR)	88.98 EUR	3.16%	$203,280	15.50%

Bitstamp	Aave (AAVE)	Euro (EUR)	88.98 EUR	4.80%	$82,459	177.51%

Bitfinex	Aave (AAVE)	Tether (USDT)	96.27 USDT	3.42%	$76,246	41.78%

Coinbase Pro	Aave (AAVE)	Bitcoin (BTC)	0.0022990 BTC	3.63%	$63,898	60.44%

Bitfinex	Aave (AAVE)	US Dollar (USD)	96.06 USD	3.65%	$62,003	2.86%

Coinbase Pro	Aave (AAVE)	British Pound (GBP)	76.20 GBP	3.62%	$39,835	59.71%

Binance US	Aave (AAVE)	Tether (USDT)	96.32 USDT	3.49%	$25,003	43.13%

Gemini	Aave (AAVE)	US Dollar (USD)	95.55 USD	3.99%	$22,117	6.95%

Bitstamp	Aave (AAVE)	US Dollar (USD)	96.00 USD	1.50%	$12,869	81.25%

UPbit	Aave (AAVE)	Bitcoin (BTC)	0.0023031 BTC	4.51%	$875	23.37%

Bittrex	Aave (AAVE)	Tether (USDT)	98.17 USDT	0.49%	$773	89.13%

Bitstamp	Aave (AAVE)	Bitcoin (BTC)	0.0023208 BTC	1.88%	$637	89.93%

Bittrex	Aave (AAVE)	US Dollar (USD)	83.18 USD	17.34%	$441	55.38%

Bittrex	Aave (AAVE)	Bitcoin (BTC)	0.0022169 BTC	7.05%	$203	93.82%