Aave icon

Aave (AAVE)

Price: $133.75
Market Cap: $2,064,193,003
Total Volume: $254,526,593
24h High: $133.28
24h Low: $123.16

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.