Aave AAVE
AAVE
14,836
₹
4.03 %
Change 24h
Market Cap
₹ 229,010,691,859
Volume 24h
₹ 23,130,579,511
Circulating Supply
15436589
Total Supply
16,000,000
AAVE
₹
Description
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.