Aave (AAVE)

-3.53 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

326773858>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

1371521504>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

14,261,834.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

16,000,000.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

16,000,000.00
Low High
Contract
Website
Explorers
Community
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

82.021483244631
4.50%

Jan 18 2023

85.569282979498
0.16%

Apr 02 2022

245.87517528843
-65.14%

May 19 2021

-87.06%
Low

Jan 19 2023

82.021483244631
4.50%

Jan 04 2023

53.051788006673
61.56%

Jun 19 2022

49.419395932005
73.43%

Nov 05 2020

229.13%
For Detailed Research of Aave - Visit - Aave (AAVE)

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

Price Market Cap Volume Date

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Coin
Aave
Comments

Coin Info

Aave is a decentralised financial system that enables crypto lending and borrowing.

Lenders earn money by putting digital assets into specifically designed liquidity pools. Borrowers can then use their cryptocurrency as collateral to get a quick loan with this liquidity.

When it was started in November 2017, Aave (which means "ghost" in Finnish) was known as ETHLend, but the name was changed to Aave in September 2018. 

AAVE holders receive decreased platform fees, and it also functions as a governance token, providing owners a vote in the protocol's future growth.

Stani Kulechov founded both Aave and ETHLend, which came before it. He was dissatisfied with the lack of lending apps on Ethereum at the time, and his concept was created before decentralised finance existed.

Kulechov is a serial entrepreneur who attended law school and began programming as a youngster. He was an early user of blockchain technology. The CEO stated that he intended to rename ETHLend as Aave in order for the firm to provide more services than Ether lending.

Aave's primary target market, according to Kulechov, are those who are already active in the cryptocurrency world.

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