Aave AAVE
AAVE
10,636
₹
1.47 %
Change 24h
Market Cap
₹ 158,795,869,742
Volume 24h
₹ 20,923,513,220
Circulating Supply
14929055
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.