<- Back to markets
Aave
aave
$121.45+ 5.65%24h
Market Cap (USD)
$1,845,333,843.00
Circulating Supply
15,192,077.124
Homepage
https://app.aave.com/About Aave
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 can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.