Top Cryptocurrencies Ranked by Market Cap: Real-Time Update and Insights
Aave Price Chart Update [AAVE]
Aave Price Update Today
About Aave
Aave: An Overview & History
Aave is a decentralized finance protocol that enables users to generate interest on deposits and borrow assets at variable or stable interest rates. It also provides uncollateralized flash loans, which can be integrated into other products and services.
Aave: History
Initially known as ETHLend, Aave raised $16.2 million through an Initial Coin Offering (ICO) to create a decentralized peer-to-peer lending platform. The platform was later rebranded as Aave, with the launch of the Aave Protocol in 2020. The Aave Protocol provides users with an open-source and non-custodial liquidity protocol for earning interest and borrowing assets.
Aave: An Overview
Aave is a decentralized finance protocol that allows individuals to lend and borrow cryptocurrencies.
By depositing digital assets into liquidity pools, lenders can earn interest, while borrowers can use their crypto as collateral to obtain flash loans from these pools.
Aave, previously known as ETHLend, underwent a rebranding in 2018 and introduced AAVE as a governance token. AAVE holders enjoy discounted fees and have a say in the protocol's future development.
Aave Founders
The founders of Aave and its predecessor ETHLend are Stani Kulechov, a serial entrepreneur, and an early adopter in the blockchain space. Kulechov's vision was to expand the services beyond Ether lending, leading to the rebranding of ETHLend to Aave.
Individuals already engaged in the cryptocurrency community are the primary target market for Aave.
Aave: Unique Features
Aave stands out in the decentralized finance market due to several notable features. It had one of the highest total values of crypto locked in its protocol during the summer of 2020.
Aave supports borrowing and lending in approximately 20 cryptocurrencies, providing users with a wide range of choices. Its flash loans, which are uncollateralized and must be repaid within the same transaction, are a unique offering in the DeFi space.
Aave also offers the flexibility for borrowers to switch between fixed and variable interest rates, allowing them to adapt to market conditions.
Aave Roadmap
Aave (formerly ETHLend) raised $16.2 million through an ICO.
Aave announced its rebranding from ETHLend to expand its range of services.
Aave launched its mainnet protocol.
# | Exchange | Pair | Price | Volume | Mkt Share | Recommend | |
---|---|---|---|---|---|---|---|
1 | Binance | AAVE/USDT | $169.71 | $49,706,596 | 18.22% | ||
2 | WhiteBIT | AAVE/USDT | $169.54 | $18,980,271 | 6.96% | ||
3 | Bitget | AAVE/USDT | $169.54 | $12,967,271 | 4.75% | ||
4 | OKX | AAVE/USDT | $169.55 | $12,622,793 | 4.63% | ||
5 | Bybit | AAVE/USDT | $169.49 | $8,351,507 | 3.06% | ||
6 | DigiFinex | AAVE/USDT | $169.04 | $6,445,424 | 2.36% | ||
7 | KuCoin | AAVE/USDT | $169.09 | $6,356,358 | 2.33% | ||
8 | Gate.io | AAVE/USDT | $168.85 | $6,154,433 | 2.26% | ||
9 | MEXC Global | AAVE/USDT | $169.51 | $5,668,841 | 2.08% | ||
10 | Balancer v1 (Ethereum) | wstETH/AAVE | $168.92 | $5,133,690 | 1.88% | ||
11 | Balancer v1 (Ethereum) | AAVE/wstETH | $167.66 | $5,091,493 | 1.87% | ||
12 | Binance | AAVE/ETH | $169.12 | $4,379,036 | 1.6% | ||
13 | Uniswap v3 (Ethereum) | AAVE/WETH | $169.91 | $4,162,430 | 1.53% | ||
14 | HTX Global | AAVE/USDT | $169.67 | $3,857,677 | 1.41% | ||
15 | Kraken | AAVE/ZUSD | $169.22 | $2,143,650 | 0.79% | ||
16 | Binance | AAVE/USDC | $169.92 | $1,424,348 | 0.52% | ||
17 | Binance | AAVE/BTC | $169.79 | $1,396,157 | 0.51% | ||
18 | Crypto.com | AAVE/USDT | $168.89 | $1,225,530 | 0.45% | ||
19 | Uniswap v3 (Ethereum) | AAVE/UNI | $171.27 | $1,185,055 | 0.43% | ||
20 | Bithumb | AAVE/KRW | $169.21 | $1,122,472 | 0.41% | ||
21 | WhiteBIT | AAVE/BTC | $169.63 | $1,005,976 | 0.37% | ||
22 | Crypto.com | AAVE/USD | $169.12 | $794,681 | 0.29% | ||
23 | BitMart | AAVE/USDT | $169.55 | $723,176 | 0.27% | ||
24 | Currency.com | AAVE/USD | $169.65 | $499,270 | 0.18% | ||
25 | Bitstamp | AAVE/USD | $169.48 | $426,033 | 0.16% | ||
26 | Binance | AAVE/FDUSD | $170.12 | $318,879 | 0.12% | ||
27 | Binance | AAVE/TRY | $169.75 | $284,707 | 0.1% | ||
28 | Uniswap v3 (Ethereum) | AAVE/STKAAVE | $169.05 | $234,386 | 0.09% | ||
29 | Gemini | AAVE/USD | $170.02 | $205,333 | 0.08% | ||
30 | Uniswap v3 (BSC) | AAVE/WBNB | $165.51 | $179,770 | 0.07% | ||
31 | ProBit | AAVE/USDT | $168.95 | $179,079 | 0.07% | ||
32 | WhiteBIT | AAVE/TRY | $169.31 | $157,639 | 0.06% | ||
33 | OKX | AAVE/USDC | $169.61 | $151,995 | 0.06% | ||
34 | 0x Protocol | USDC/AAVE | $168.97 | $126,832 | 0.05% | ||
35 | 0x Protocol | AAVE/USDC | $168.77 | $124,948 | 0.05% | ||
36 | Bitfinex | AAVE/USDT | $167.93 | $101,060 | 0.04% | ||
37 | Bitstamp | AAVE/EUR | $168.57 | $84,644 | 0.03% | ||
38 | Bitfinex | AAVE/USD | $169.21 | $81,557 | 0.03% | ||
39 | Bitget | AAVE/BTC | $169.72 | $63,520 | 0.02% | ||
40 | Uniswap v3 (Ethereum) | AAVE/USDC | $169.22 | $51,193 | 0.02% | ||
41 | PancakeSwap v3 (BSC) | AAVE/BNB | $165.19 | $50,189 | 0.02% | ||
42 | 0x Protocol | AAVE/WETH | $170.29 | $41,459 | 0.02% | ||
43 | 0x Protocol | WETH/AAVE | $168.97 | $41,165 | 0.02% | ||
44 | Balancer v1 (Ethereum) | AAVE/WETH | $169.59 | $39,626 | 0.01% | ||
45 | Balancer v1 (Ethereum) | WETH/AAVE | $168.92 | $39,563 | 0.01% | ||
46 | 0x Protocol | USDT/AAVE | $168.97 | $28,207 | 0.01% | ||
47 | 0x Protocol | AAVE/USDT | $168.21 | $28,081 | 0.01% | ||
48 | MEXC Global | AAVE/USDC | $169.22 | $27,246 | 0.01% | ||
49 | Exmo | AAVE/USDT | $169.38 | $25,378 | 0.01% | ||
50 | KuCoin | AAVE/BTC | $169.43 | $25,134 | 0.01% |