Aave
AAVE$112.74
Market Cap
$1.71B
Volume 24h
$438.56M
Vol / Market Cap
25.62%
Rank
#35
AAVE Price Chart
Aave is a decentralized lending protocol allowing users to borrow and lend crypto assets.
Aave is a decentralized lending protocol that allows users to borrow and lend crypto assets through smart contracts without intermediaries.
A decentralized lending platform where users can deposit digital assets to earn interest or use them as collateral to borrow other tokens. It uses an algorithmic model to adjust interest rates based on real-time supply and demand.
Lending & Yield: Used for governance of the Aave protocol, where users can earn interest on their deposits or take out over-collateralized loans without a bank.
Lending & Borrowing: A governance token that also allows users to participate in the "Safety Module." Used to vote on which assets can be borrowed/lent and to earn a portion of the protocol's interest and fees.
Smart contract exploit risk; regulatory pressure on lending protocols regarding "uncollateralized" institutional loans.
