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Aave (AAVE)

Aave (AAVE)

The price of Aave is $242.10, a -6.59% change over the last 7 days. Learn more about Aave’s price history, how it works, and how to invest.

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Updated: Aug 5, 2024
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Overview
Markets
Historical Data
Price Statistics
Advanced chart
Technical analysis
Aave price today
24h Change -$2.55
24h High $262.18
24h Low $248.31
Market cap $3.65B
Trading Volume (24h) $269.68M
Market Dominance 0.12%
Market Rank #32
Circulating Supply 15.07M
Max Supply -

Aave markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Binance Binance
AAVE/USDT $237.97 $517,540.71 $662,174.62 40,455,903 Recently
2
Binance Binance
AAVE/BTC $237.91 $87,893.09 $118,223.22 937,168 Recently
3
Coinbase Exchange Coinbase Exchange
AAVE/USD $238.61 $535,833.96 $566,873.10 12,741,834 Recently
4
KuCoin KuCoin
AAVE/USDT $237.89 $261,963.35 $243,225.38 2,930,917 Recently
5
Binance Binance
AAVE/BUSD $90.89 $51,674.31 $50,739.47 350,581 Recently
6
Binance Binance
AAVE/BNB $89.85 $2,279.73 $11,389.08 35,208 Recently
7
Coinbase Exchange Coinbase Exchange
AAVE/EUR $238.65 $67,965.52 $78,613.84 3,647,413 Recently
8
Uniswap v3 (Polygon) Uniswap v3 (Polygon)
WETH/AAVE $2,601.88 - - 681,038 Recently
9
Kraken Kraken
AAVE/USD $239.42 $280,104.55 $279,868.29 1,146,191 Recently
10
Kraken Kraken
AAVE/EUR $239.11 $171,631.20 $166,731.07 440,310 Recently
1
Binance Binance
AAVE/USDT $238.44 - - 165,502,971 Recently
2
KuCoin KuCoin
AAVE/USDT $237.69 - - 2,203,301 Recently
3
Binance Binance
AAVE/USD $237.92 - - 14,418,630 Recently
4
Bitfinex Bitfinex
AAVE/USDT $237.91 - - 473,518 Recently
5
Kraken Kraken
AAVE/USD $236.74 - - 1,592,810 Recently
6
dYdX dYdX
AAVE/USD $152.98 - - 15 Recently
7
Huobi Huobi
AAVE/USDT $56.37 - - 4,849,236 Recently
8
OKX OKX
AAVE/USDT $238.70 - - 65,281,542 Recently
9
Bybit Bybit
AAVE/USDT $238.54 - - 61,144,776 Recently
10
Gate.io Gate.io
AAVE/USDT $238.64 - - 8,069,889 Recently
No data found
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About Aave

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Resources

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What is the Aave price today?

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The AAVE price is currently $242.10. The price of Aave is -14.80% over the last 30 days. You can use the live Aave chart to track the AAVE/USD price in real time above, or compare the Aave value today to its past performance using the Aave price history tab at the top of this page.

What is the Aave price prediction for 2025?

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Aave price predictions and forecasts are tricky, because crypto is such a fast-moving industry and new trends can explode very quickly.

However, you can use previous price trends, along with fundamental and technical analysis to make estimates about how Aave might perform in the future.

For example, if you look at overall market trends in previous years, compared with how the Aave price has risen or fallen in response, you can begin to understand how the Aave market reacts to external pressures.

Alongside the AAVE price chart and updates to the Aave technology, uptake, or development, these factors help you make a Aave price forecast for the next few months and years.

What is the total supply of AAVE?

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The circulating supply is 15,070,962.00 AAVE, out of a total maximum supply of 0.00 AAVE.

What is the price prediction for Aave?

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The average Aave price prediction values the coin at $110 by the end of 2023. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all impact the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin

What is Aave?

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Aave is a cryptocurrency lending platform and AAVE is the platform’s governance token. It utilises lending pools so users can borrow, deposit, repay, redeem, flash loan, or swap a variety of cryptocurrencies.

Aave runs on top of the Ethereum blockchain and is now one of the largest Ethereum lending systems. Users can borrow money from other people via peer-to-peer connections without needing a middleman.

How does Aave work?

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Aave allows users to loan and borrow money using lending pools. Lenders deposit funds into each pool, and borrowers can draw from them for loans, which are reinforced by the security of a smart contract.

Aave allows flash loans to be taken out quickly and securely by users; blockchain technology can verify transactions quickly rather than conventional bank loans that rely on a middleman who may take weeks to respond to your loan request.

How is the Aave network secured?

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Aave is built on the Ethereum blockchain, which uses a proof of stake consensus algorithm. This means that other users on the network, known as validators, secure and verify each transaction. For their work in verifying transactions, validators are rewarded with tokens.

What is Aave used for?

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The platform allows users to access lending pools to loan and borrow funds, securing their transactions with collateral. This allows for flexibility in borrowing, with limits determined by the amount of collateral posted.

Lenders are rewarded for their participation through interest earned on deposits. Aave also enables users to expand their portfolio by borrowing in a different cryptocurrency than the one they have used as collateral, making the lending process versatile.

Why does AAVE have value?

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Aave token has a limited supply, and the platform uses revenue from fees to buy back and burn tokens. This reduces the total circulating supply of AAVE tokens, increasing scarcity and driving up the token’s value over time.

Who created Aave?

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A Swiss company, Aave, was founded in 2017 by Stani Kulechov. It raised $16.2m in an ICO (initial coin offering) and was originally named ETHLend, using the LEND token for governance.

The firm eventually changed the name of its governance token to Aave. There are rival cryptocurrency lending platforms, such as CoinLoan, but Aave aims to set itself apart by making instant loans and new debit/credit formats accessible to all. It has grown rapidly, having compiled $158m in total deposits so far.

Where can I buy Aave?

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You can buy Aave on either a centralised cryptocurrency exchange (CEX) or decentralized exchange (DEX), depending on its availability. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock trading platform.

Our guide on how & where to buy Aave explains step-by-step exactly how to get started with a reliable crypto exchange, or via one of the most popular decentralized exchanges.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in Aave?

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The simplest way to invest in Aave is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any Aave alternatives?

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Aave is a cryptocurrency lending platform and there are several similar projects available. Here’s a selection of Aave alternatives for you to consider.

  • Binance. There are 300+ cryptocurrencies available to stake on Binance.
  • Crypto.com. You can stake 100+ cryptocurrencies on Crypto.com
  • Nexo. Nexo lets you earn interest on your idle crypto.

FAQs

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01

Is Aave safe?

02

Has Aave been hacked?

Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.

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