AAVE current price is $63.19 -0.53% (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 $63.19. Its price is ↓ -0.53% down in the last 24 hours.
|Current Price||All Time High||Market Cap|
AAVE Price Changes :
|Last 24 Hours||Last 7 Days||Last 30 Days||Last 1 Year|
|↓ -0.53%||↓ -5.31%||↓ -13.96%||↓ -39.70%|