Symbol: AAVE
Price: $318.61
Volume: $902,597,589
Market Cap: $4,712,061,957
Fully Diluted Value: 5,020,230,708
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 16,000,000
Type: Decentralized Finance (DeFi), Governance, Lending/Borrowing, Yield Farming
Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.
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