Aave (AAVE) Live Price

Aave logo
ETH 0.033448-2.60%
Market Cap
ETH 486,015
Volume (24)
ETH 30,792
Circulating Supply
14,535,720 AAVE
Issue Date

Data provided by Coingecko API

AAVE price Statistics

Aave Price Today

Aave Price
ETH 0.03344849

Price Change 24h

ETH -0.00089427093
24h Low / 24h High
ETH 0.03331718 / ETH 0.03435652

Trading Volume 24h

ETH 30,792
Volume / Market Cap
Market Dominance
Market Rank

Aave Supply

Circulating Supply
14,535,720.208 AAVE
Total Supply
16,000,000 AAVE
Max Supply
16,000,000 AAVE

Aave Market Cap

Market Cap
ETH 486,015

Fully Diluted
Market Cap

ETH 534,974

Aave Price Yesterday

Yesterday's Low / High
ETH 0.034356519 / ETH 0.034486085
Yesterday's Open / Close
ETH 0.034356519 / ETH 0.034486085
Yesterday's Change
Yesterday's Volume
ETH 22,310.903

Aave Price History

7d Low / 7d High
ETH 53.801492 / ETH 57.094423
30d Low / 30d High
ETH 0.033004481 / ETH 0.035762703
90d Low / 90d High
ETH 0.029091854 / ETH 0.04201701
52 Week Low / 52 Week High
ETH 0.029091854 / ETH 0.065212093
All Time HighFeb 10, 2021 (2 years ago)
ETH 0.31900612
All Time LowJun 10, 2023 (3 months ago)
ETH 0.0278417

Data provided by Coingecko API

AAVE to ETH converter


Data provided by Coingecko API

Real-Time Aave Price Chart (AAVE to ETH)

AAVEETH by TradingView

About Aave

AAVE Price Live Data

The live price of AAVE is ETH 0.033448 per (AAVE/ETH) today with a current market cap of 486,015 ETH. 24-hour trading volume is ETH 30,792 ETH. AAVE to ETH price is updated in real-time. Aave is -2.60% in the last 24 hours. It has a circulating supply of ETH 14,535,720 AAVE.

Aave Coin Price Chart determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, ETH and XRP to USD, EUR, GBP. Conversion rates are based on Live AAVE Price Index and the price indices of other digital assets.

This content and any information contained therein is being provided to you for informational purposes only, does not constitute a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice.

What Is Aave (AAVE)?

Aave is a decentralized lending protocol for individuals without a bank account. The platform fills a vast gap in the banking ecosystem by leveraging (DeFi) for permissionless banking and financial services. 

Initially ETHLend, the protocol rebranded to Aave (‘ghost’ in Finnish) in 2018. Recently, it upgraded to its v2 edition, introducing the concept of flash loans

This DAO-based (Decentralized Autonomous Organization) protocol converts the depositor’s digital assets into massive crypto pools. The accumulated pool, in turn, provides the required sum to borrowers in an under-collateralized or over-collateralized fashion.

‘AAVE’ is the native governance token used on the lending platform. It is responsible for initiating flexible loans with fixed and varying interest rates.

History of Aave

Aave is the brainchild of developer Stani Kulechov. The Finnish developer launched the project in January 2017 as a solution to bridge the lack of Ethereum-based lending applications

Kulechov is an early adopter of the Blockchain space. Before being a serial entrepreneur, Stani went to law school and started his career in programming as a teenager. 

He was one of the initial crypto industry innovators and wanted to revamp ETH-based Blockchain to access better features and functionalities. 

Aave price

At the time of its launch, the ICO event for Aave raised $16.2 million, at $0.0162 apiece (for 77% of the project).  The remaining 23% of tokens were assigned to the founders and project. Later, the protocol managed to raise another $17.86 million for round two in 2017.

Besides, the protocol also arranged for a token swap event while rebranding from ETHLend to Aave. Holders of the LEND token were provided with the new ERC-20 token at a 1:100 ratio. 

The latest swap and the revised deflationary model for the protocol pushed the market valuation and added a total supply of 16 million AAVE. 

How AAVE Works

The entire concept of Aave revolves around a pool-based lending strategy (changed from P2P lending). It would initially require borrowers to deposit some of their digital assets to raise a loan from the protocol

Post the v2 update, the protocol serves as a profitable lending model for lenders and borrowers. Lenders earn interest on deposits into the specially-created liquidity pools, whereas borrowers get access to loans with flexible interest rates.

This way, Aave eliminates the need for borrowers to acquire significant funds without having access to such large digital assets beforehand. 

What Makes Aave Unique?

Per the latest v3 updates over the protocol, the cross-chain “portals” and access to isolated markets give Aave a leading edge over other DeFi protocols. In addition, the possibility of users creating their ‘aTokens’ opens up the possibilities of on-chain trading.

Besides, it’s flexible lending offerings make the protocol unique. It has over 30 pools of Ethereum-based assets, including stablecoins, DAI, USD Coin, Tether, and Gemini dollar.

In addition, the protocol also provides pools for real-world assets like freight invoices, real estate, cargo, and payment advances. 

The flexible lending terms, interest rates, and access to multiple lending offerings make it unique. 

How Are New AAVE Tokens Created? 

Stalking is a primary means to create tokens over the AAVE protocol.  It rewards over 550 new tokens per day, split between stakers and contributors of the platform (as per their contribution). 

Besides, as mentioned earlier, the v3 update allows users to create ‘aTokens.’ These tokens represent ‘deposits’ over Aave on one chain and are burned on another.

Crypto fear & Greed Index

Latest Crypto Fear & Greed Index

Historical Values

Last weekFear
Last monthNeutral

Next Update

The next update will happen in:

0 hours, 14 minutes and 1 second

Gainers & Losers

Data provided by Coingecko API

Popular Cryptocurrencies

ETH 25,833
btc Chart
Market CapETH 503.13B
VolumeETH 5.29B
ETH 1,617.76
eth Chart
Market CapETH 194.45B
VolumeETH 6.69B
ETH 212.37
bnb Chart
Market CapETH 32.66B
VolumeETH 317.87M
ETH 0.498131
xrp Chart
Market CapETH 26.44B
VolumeETH 463.29M
ETH 0.249029
ada Chart
Market CapETH 8.72B
VolumeETH 127.18M
ETH 0.999709
busd Chart
Market CapETH 2.58B
VolumeETH 1.84B

Data provided by Coingecko API

More Cryptocurrencies

ETH 0.69106303
mkr Chart
Market CapETH 622,124
VolumeETH 32,354
ETH 1.083988
reth Chart
Market CapETH 569,455
VolumeETH 5,103
ETH 0.00002495
kas Chart
Market CapETH 515,530
VolumeETH 6,627
ETH 0.00005154
grt Chart
Market CapETH 472,997
VolumeETH 12,848
ETH 0.00327847
wbt Chart
Market CapETH 472,437
VolumeETH 5,106

Data provided by Coingecko API