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Aave | Latest AAVE News | KLEA News | Crypto News Terminal

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  • aave
    Aave
    AAVE
    #
    45
  • $150.81
  • -2.64%
    24h
  • Market Cap
    $2.33 B
  • Volume 24h
    $284.53 M
  • Circulating Supply
    15.43 M 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.

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