Aave
AAVE Price
Aave is a decentralized DeFi platform offering innovative flash loans, governance through AAVE tokens, and multi-blockchain support. More
| Fully Diluted Valuation | $4.22B |
|---|---|
| 24H Trading Volume | $217.68M |
| 24H Low / High | $253.32 / $ 264.74 |
| Circulating Supply | 15.17 M |
| Total Supply | 16.00 M |
| Max Supply | 16.00 M |
| Categories | Decentralized Finance (DeFi) 22 more |
|---|---|
| Founder | Stani Kulechov |
| Website | app.aave.com Whitepaper |
| Socials | 4 more |
| Chains | Ethereum Ecosystem 13 more |
| Explorer | Etherscan 9 more |
| Contracts |
0x7fc....ddae9
13 more
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| Name | Pair | OG Score |
|---|
Aave, launched in January 2020, has rapidly emerged as a cornerstone in the decentralized finance (DeFi) space. This non-custodial liquidity protocol offers a dynamic platform for users to either deposit funds, earning passive income, or borrow in either overcollateralized or undercollateralized manners. Aave's integration across multiple blockchains, including Ethereum, Polygon, and Avalanche, enhances its accessibility and utility in the crypto market.
Aave's innovation is evident in its unique offerings, such as flash loans and the AAVE token. Flash loans, a novel concept in the DeFi landscape, allow for loans to be borrowed and repaid within the same block—about 13 seconds on the Ethereum network—without upfront collateral. The AAVE token, the platform's native currency, not only facilitates discounted transaction fees but also grants governance rights, depending on the amount held, enhancing user engagement in protocol decisions.
Since its inception as ETHLend in 2017 by Stani Kulechov, Aave has undergone significant evolution. Its rebranding to Aave in September 2018 marked a shift towards a more inclusive and efficient liquidity protocol. The launch of Aave V3 in March 2022 further cemented its position as a leading DeFi project, introducing features like cross-chain functionality, improved security, and the innovative Isolation Mode for risk management. With a peak total value locked (TVL) exceeding $19 billion, Aave stands as a testament to the growing influence and potential of decentralized financial systems in the crypto world.
Aave stands out in the decentralized finance (DeFi) sector for its flash loans feature, which allows users to borrow funds without collateral as long as they are returned within the same transaction. Additionally, Aave's governance model enables token holders to have a say in the platform's future development and direction, further distinguishing it in the DeFi landscape.
Aave was founded by Stani Kulechov. It began as ETHLend, a decentralized peer-to-peer lending platform on the Ethereum blockchain, before evolving into Aave.
Aave has attracted significant investment from major players in the crypto space. Some of its notable investors include Blockchain Capital, Standard Crypto, and Blockchain.com Ventures. These investments have played a crucial role in Aave's development and expansion, particularly in growing its team and reaching new markets.
You can buy Aave (AAVE) on Binance, BybitBitgetOKXCoinbase cryptocurrency exchanges.
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The AAVE token is not mineable. Instead, it is distributed through liquidity provision and other participatory methods in the Aave ecosystem.
There may be different staking options available such as to participate in DAOs, decentralized governance and for revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Aave (AAVE) is ($15,172,770), max supply of Aave AAVE is ($16,000,000) and the market cap of Aave AAVE is ($4,004,564,260).
What is the Aave (AAVE) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Aave (AAVE) is $264. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Aave (AAVE) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Aave AAVE) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Aave (AAVE) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Aave (AAVE) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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