Aave

aave
$219.54 +2.08
Quote
Price
Market Cap
Supply
Volume (24hr)
Change (24Hr)
usd
$219.54
$2.95B
13.48M
162.64M
+2.08 %
myr
$921.18
$12.38B
0.00
682.08M
+2.15 %
btc
$0.01
$68,251.07
0.00
3,757.27
-1.21 %

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.