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Crypto Details: Aave (AAVE)

AAVE current price is $75.02 -5.82% (24hrs)

Aave 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 $75.02. Its price is ↓ -5.82% down in the last 24 hours.

Current PriceAll Time HighMarket Cap
$75.02$661.69$1,056,725,332.00

AAVE Price Changes :

Last 24 HoursLast 7 DaysLast 30 DaysLast 1 Year
↓ -5.82%↑ 1.30%↓ -5.10%↓ -72.61%