Aave (AAVE) Live Price

Aave logo
AAVEAave
$99.41+1.76%
Market Cap
$1.48B
1.47%
Volume (24)
$115,967,910
2.86%
Circulating Supply
14,872,897 AAVE
Issue Date
-

Data provided by Coingecko API

AAVE price Statistics

Aave Price Today

Aave Price
$99.41

Price Change

$1.72
1.76%
24h Low / 24h High
$95.68 / $99.41

Trading Volume

$115,967,910
2.86%
Volume / Market Cap
0.078511348
Market Dominance
0.066052741%
Market Rank
#61

Aave Supply

Circulating Supply
14,872,897.08 AAVE
Total Supply
16,000,000 AAVE
Max Supply
16,000,000 AAVE

Aave Market Cap

Market Cap
$1,477,084,700
1.47%

Fully Diluted
Market Cap

$1,589,021,700
0.71%

Aave Price Yesterday

Yesterday's Low / High
$99.410103 / $100.64227
Yesterday's Open / Close
$99.410103 / $100.64227
Yesterday's Change
0.62%
Yesterday's Volume
$115,197,540

Aave Price History

7d Low / 7d High
$75.900977 / $98.87066
30d Low / 30d High
$95.691907 / $100.64227
90d Low / 90d High
$86.517516 / $100.64227
52 Week Low / 52 Week High
$75.900977 / $100.64227
All Time HighMay 18, 2021 (3 years ago)
$661.69
84.99%
All Time LowNov 5, 2020 (3 years ago)
$26.02
281.55%

Data provided by Coingecko API

AAVE to USD converter

Aave
AaveAAVE
US Dollar
US DollarUSD

Data provided by Coingecko API

Real-Time Aave Price Chart (AAVE to USD)

AAVEUSD by TradingView

Aave Exchanges

Exchange
Price
Pair
Spread
24 Volume
Last Traded
Binance
Binance
$100.92
AAVE/USDT
$0.04
$11,696,944
Recently
Coinbase Pro (GDAX)
Coinbase Pro (GDAX)
$100.98
AAVE/USD
$0.02
$4,937,898
Recently
HTX
HTX
$100.97
AAVE/USDT
$0.0483
$3,548,183
Recently
KuCoin
KuCoin
$100.93
AAVE/USDT
$0.032
$1,775,358
Recently
Kraken
Kraken
$101.03
AAVE/USD
$0.05
$510,065
Recently
Gate.io
Gate.io
$100.94
AAVE/USDT
$0.03
$327,584
Recently
Bitfinex
Bitfinex
$101.07
AAVE/USD
$0.07
$34,650
Recently
Bitfinex
Bitfinex
$100.99
AAVE/USDT
$0.1
$22,759
Recently
Binance US
Binance US
$100.85
AAVE/USDT
$1.7
$11,053
Recently
Bitstamp
Bitstamp
$100.35
AAVE/USD
$0.16
$0
Recently

Aave Historical Price Data (USD)

Date
7/13/2024
$97.652677
$0
$100.642272
$95.691907
7/12/2024
$93.053539
$97.652677
$97.91613
$92.904326
7/11/2024
$90.947957
$93.053539
$95.427645
$89.029558
7/10/2024
$85.43235
$90.947957
$90.16471
$84.28529
7/9/2024
$82.10507
$85.43235
$85.727373
$81.728922
7/8/2024
$78.299345
$82.10507
$83.647947
$75.900977
7/7/2024
$83.137823
$78.299345
$83.137823
$78.816477

Data provided by Coingecko API

AAVE Price Live Data

The live price of AAVE is $ 99.41 per (AAVE/USD) today with a current market cap of 1.48B USD. 24-hour trading volume is $ 115,967,910 USD. AAVE to USD price is updated in real-time. Aave is +1.76% in the last 24 hours. It has a circulating supply of $ 14,872,897 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

NowFear
33
YesterdayExtreme Fear
25
Last weekFear
28
Last monthGreed
74

Next Update

The next update will happen in:

20 hours, 49 minutes and 44 seconds

Gainers & Losers

Data provided by Coingecko API

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