Aave (AAVE)
Price:
$312.82
Market Cap:
$4,753,543,496
Total Volume:
$532,099,687
24h High:
$316.43
24h Low:
$299.16
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.