#65 rank
Aave

Aave aave

Aave Price in USD

$145.99

0.02%

0.061 ETH

0.002 BTC

Price Change

MIN

MAX

Aave Price Statistics

Current Price

$145.99

Fully Diluted MarketCap

$2,064,687,920

Total Volume

186,949,385

Total Supply

16,000,000

Circulating Supply

14,795,012.514

What is Aave?

Aave is one of the first decentralized applications(Dapps) to bring lending and borrowing to crypto. It was launched in 2017 as ETHlend before DeFi was even a thing, Aave enables users to lend cryptocurrencies in a trustless manner. The users will get interest for lending their crypto. The users can also borrow against their crypto but need to pay interest. In a nutshell, lenders deposit their funds into a “pool” from which users can borrow

The Team Behind Aave

Aave was found by Stani Kulechov, a serial entrepreneur who started programming while a teenager. He was an early adopter of Bitcoin

Top Value Drivers For Aave

The main reasons to invest in Aave include: - It has been battle-tested and live since November 2017 - It is still the biggest lending/borrowing protocol across various blockchains - One of Aave’s flagship products is “flash loans,” stated as the first uncollateralized loan option in the DeFi space. The loan must be paid back within the same transaction

FAQs

The current price of Aave is USD 145.99.

The total supply of Aave is 16,000,000 and circulating supply of Aave is 14,795,012.514

The trading volume of Aave is 186,949,385 in the last 24 hours.