Aave (AAVE)
Aave is a decentralised finance protocol that lets users lend, borrow, and manage crypto liquidity without relying on a traditional bank or centralised intermediary. It operates as a set of smart contracts deployed across major blockchain networks, enabling users to supply supported digital assets to liquidity pools and earn variable interest from borrowing demand.
Borrowers use Aave by depositing collateral and drawing loans against it, with loan-to-value limits and liquidation rules managed automatically by the protocol. This overcollateralised model is common in DeFi because it reduces counterparty risk while allowing crypto holders to access liquidity without selling their assets. Aave is also known for introducing features such as flash loans, which allow uncollateralised borrowing within a single blockchain transaction when repayment is completed immediately.
The AAVE token is central to the protocol’s governance system. Token holders can propose and vote on changes to parameters such as asset listings, risk settings, incentives, and upgrades. AAVE may also be used within the protocol’s safety and staking mechanisms, depending on the version and network deployment.
Aave has become one of the most recognised money market platforms in DeFi, competing with other on-chain lending protocols and forming part of a wider ecosystem of wallets, aggregators, decentralised exchanges, and institutional DeFi infrastructure. Its importance comes from combining open access to credit markets with transparent, automated risk management on public blockchains.
Last updated
- Market Cap
- $995M
- Fully Diluted Valuation
- $1B
- 24 Hour Trading Vol
- $275M
- Circulating Supply
- 15.2M
- Total Supply
- 16M
- Max Supply
- 16M
Viewpoint: Cryptocurrencies such as AAVE, SOL are Undervalued, Next Opportunity may come from Assets Currently being "Overlooked" by the Market
AAVE: How Aave Powers Whop Treasury
ConsenSys Former Ambassador Distributes 20,426 ETH to 10 New Addresses, Equivalent to $37.26 Million
Former ConsenSys ambassador Russell Verbeeten transferred 20,000 ETH, of which 4,144 have been deposited into exchanges.
TECHINASIA: Crypto lending protocol Aave reviews listings after exploit
DECRYPT: Aave Will Upgrade Asset Review Process Following $230 Million DeFi Attack
CROWDFUNDINSIDER: DeFi Protocol Aave Updates Collateral Evaluation Processes Following rsETH Bridge Exploit
116,500 rsETH exploited in Aave bridge flaw, $144 million recovered
Aave Labs proposes V4 launch on Arc for $1B DeFi push
Aave Labs gets FCA approval for 2 UK crypto licenses
THE BLOCK: Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary
FINANCE FEEDS: Aave v3 Restores WETH Liquidity Past Pre-Crisis Highs Following Mid-April Exploits
- Market Cap
- $994,882,046
- Fully Diluted Valuation
- $1,048,630,115
- 24 Hour Trading Vol
- $275,268,661
- 24h High
- $72.69
- 24h Low
- $64.94
- 24h Change
- -9.04%
- 7d Change
- -18.32%
- 30d Change
- -29.78%
- 1y Change
- -75.20%
- Market Cap Rank
- #67
- Market Cap Rank (rehypothecated)
- #88
- Circulating Supply
- 15,179,912
- Total Supply
- 16,000,000
- Max Supply
- 16,000,000
- All-time high
- $661.69 (-90.08%) · 19 May 2021, 2:49 am
- All-time low
- $26.02 (+152.17%) · 5 Nov 2020, 2:50 pm
- Website app.aave.com
- Block explorer ftmscan.com/token/0x6a07a792ab2965c72a5b8088d3a069a7ac3a993b
- Block explorer bscscan.com/token/0xfb6115445bff7b52feb98650c87f44907e58f802
- X / Twitter twitter.com/aave
- Facebook AaveCom