Aave AAVE
AAVE
11,985
₹
1.68 %
Change 24h
Market Cap
₹ 179,314,158,130
Volume 24h
₹ 24,374,702,381
Circulating Supply
14952308
Total Supply
16,000,000
Website
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.