
Aave (AAVE) is the protocol token for Aave, a DeFi system where smart contracts coordinate lending markets for crypto assets. Project history places it after ETHLend, with the Aave name adopted in 2018 and a later 1:100 migration from LEND to AAVE. Within the protocol, AAVE is used for governance participation and fee-related utility, while lending and borrowing happen through collateral-backed pools rather than through a single custodian.
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Aave holds the #47 rank on CoinMarketCap. Today's price changes of Aave (AAVE) by +12.59%, with the current price at $81.31 and a 24-hour trading volume of +12.59%. The circulating supply is 15,409,755.104 AAVE out of a total supply of 16,000,000 AAVE.
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