Aave

aave
$286.78 -5.73
Quote
Price
Market Cap
Supply
Volume (24hr)
Change (24Hr)
usd
$286.78
$3.67B
12.80M
146.53M
-5.73 %
myr
$1,188.50
$15.19B
0.00
606.14M
-5.55 %
btc
$0.01
$97,061.96
0.00
3,873.25
-1.87 %

Descrption

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 canĀ earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.