0-0.1 AAVE

0.1-1 AAVE

1-10 AAVE

10-100 AAVE

>100 AAVE

Addresses by Holdings

Total active

Zero balance

Daily Active Addresses

Price

Number of Transactions

Transactions

Total Volume

Volume

Aave

Aave ($AAVE) is a decentralized money market that runs on the Ethereum blockchain. It’s most notable for its loan system, which allows users to earn interest on deposits and borrow assets with an interest rate. The interest rate is determined algorithmically. Originally named ETHLend in 2017, it was renamed to Aave in 2018. With the rebrand, it also updated its money market function: previously with ETHLend, borrowers and lenders were individually matched. Aave utilizes a liquidity pool system, where crypto loan assets are pooled together. Users must post collateral before borrowing but can only borrow up the value of said collateral. One benefit of Aave is that a user can gain exposure to different cryptos without having to actually own all of them.

DeFi platform Aave has rolled out its second version, with several features that should make it more flexible and more capital efficient.

Aave Launches V2 in Bid to Make Borrowing Against Volatile Assets Less Risky

News for Aave Crypto (AAVE)