Aave

aave
$274.80 -9.15
Quote
Price
Market Cap
Supply
Volume (24hr)
Change (24Hr)
usd
$274.80
$3.63B
13.19M
236.32M
-9.15 %
myr
$1,147.01
$15.10B
0.00
974.41M
-9.43 %
btc
$0.01
$85,363.59
0.00
5,494.74
-5.97 %

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.