What is Aave (AAVE)?

Aave (AAVE) is a decentralized money market protocol built on the Ethereum platform. It allows users to lend and borrow various cryptocurrencies as collateral. Aave operates on a peer-to-peer basis, eliminating the need for intermediaries and enabling users to directly interact with the protocol.

Key Features

Lending and Borrowing: Users can lend their cryptocurrencies to the Aave protocol and earn interest on their holdings. They can also borrow assets by collateralizing their cryptoassets, using the liquidity available in the pools.
Wide Range of Assets: Aave supports lending and borrowing across 20 different cryptocurrencies, providing users with a diverse range of options.
Governance Token: AAVE is the native token of the Aave protocol and serves as a governance token. Holders of AAVE have the power to vote on proposals and shape the future direction of the protocol.
Decentralized Finance (DeFi): Aave is an integral part of the DeFi ecosystem, enabling decentralized lending and borrowing without the need for traditional financial intermediaries.
Multiple Ecosystems: Aave has expanded beyond Ethereum and has integrations with various other blockchain ecosystems, including BNB Chain, Polygon, Avalanche, Harmony, Near Protocol, Fantom, and Optimism.

Market Position

Currently ranked 46th on the cryptocurrency market cap ranking, Aave has gained significant popularity in the thriving DeFi space. Its innovative approach to lending and borrowing, wide range of supported assets, and strong community governance have contributed to its growth and adoption.

Price Performance

Over the past 30 days, Aave has experienced a price change of 46%, indicating positive market sentiment and potential investment opportunities.

Listed Exchanges

DigiFinex
Bitget
Binance
BTSE
BingX
BitMart
Crypto.com Exchange
Huobi
Coinbase Exchange
WhiteBIT
itBit
OKX
WOO X
Kraken
CoinW
Bitstamp
LBank
KuCoin
Bitvavo
Dex-Trade
DIFX
Gate.io
Phemex
Deepcoin
P2B
Toobit
Bybit
Bitfinex
Bitazza
QMall
Bitrue
FameEX
XT.COM
AscendEX (BitMax)
Uniswap V3 (Ethereum)
Trubit
LocalTrade
LATOKEN
Coinstore
BtcTurk | Kripto
Bitso
Kanga
CoinEx
Uniswap V3 (Polygon)
Dcoin
Sushiswap (Polygon POS)
Cryptology
Trader Joe
BigONE
Gemini
Quickswap
Binance US
Indodax
Kyberswap Elastic (Polygon)
Uniswap V3 (Optimism)
Coins.ph
Bancor (V2)
ApeSwap
ProBit Global
PolyZap

Official Website

Visit the official website of Aave to explore more about the protocol and its offerings: https://app.aave.com/

FAQ

What is Aave?

Aave is a decentralized money market protocol that allows users to lend and borrow cryptocurrency. It offers a wide range of assets, supports multiple blockchain ecosystems, and has a governance token called AAVE.

How does Aave work?

Aave works by enabling users to provide liquidity to the protocol and earn interest on their holdings. Borrowers can collateralize their cryptoassets and borrow from the available liquidity pools. AAVE token holders can participate in the governance of the protocol.

Which exchanges list Aave?

Aave is listed on various exchanges, including Binance, Coinbase, Kraken, Huobi, and many others. The complete list of exchanges can be found above.

Aave Price Calculator and Converter