AAVE current price is $63.17 -0.43% (24hrs)
Aave AAVEAave is a decentralized finance protocol that allows people to lend and borrow crypto. The protocol has a native token called AAVE.
Aave was previously known as ETHLend when it was founded in November 2017 by Stani Kulechov and has successfully raised $16.2 million through an ICO round. ETHLend was then rebranded to Aave in September 2018.
AAVE provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.
AAVE tokens have been built based on the ERC-20 standard, and they are designed to be deflationary. In the event of a shortfall in the DeFi protocol, staked tokens would be used as collateral as a last resort.
The price of AAVE right now is $63.17. Its price is ↓ -0.43% down in the last 24 hours.
Buy/Sell AAVE| Current Price | All Time High | Market Cap |
|---|---|---|
| $63.17 | $661.69 | $911,066,621.00 |
AAVE Price Changes :
| Last 24 Hours | Last 7 Days | Last 30 Days | Last 1 Year |
|---|---|---|---|
| ↓ -0.43% | ↓ -5.35% | ↓ -14.00% | ↓ -39.72% |
