AAVE is the native crypto-currency of the Aave decentralized finance(DeFi) platform, which enables users to lend and borrow crypto-assets securely and without intermediaries.
By using AAVE, holders can participate in the governance of the protocol and benefit from discounts on transaction fees.
The Aave platform stands out for its advanced features, such as flash loans and variable interest rates.
This crypto plays a crucial role in the DeFi ecosystem, offering flexible investment and liquidity management opportunities.
Price Aave (AAVE)
€ 155.34
+4.5 %
Information on the price
Price variation (24h)
+4.5 %All-time high
€ 541.28
Trading volume (24h)
€ 99 008 351
Price variation (7d)
+5.6 %All-time low
€ 22.10
Diluted valuation
€ 2 484 379 931
Price variation (30d)
+2 %Circulating supply
15 107 528,76 AAVE
Total supply
16 000 000 AAVE
Price variation (200d)
+10.1 %Market capitalization
€ 2 345 802 579
Max supply
16000000 AAVE
Trading opportunity
Suggested entry price
Suggested entry price AAVE
Recommendation
Recommendation AAVE
What is Aave ?
Aave
History
- 2017 (Launched under ETHLend): Aave was initially launched as ETHLend, with a native token (LEND).
The project aimed to facilitate peer-to-peer lending on the Ethereum blockchain, and LEND was modestly priced in its early days. - 2020 (rebranding to Aave and migration to AAVE): In January 2020, ETHLend was rebranded to Aave, and the LEND token was replaced by AAVE at a ratio of 100:1.
The price of AAVE started at around $50. - 2021 (Bull Run DeFi): Aave benefited from the explosion of decentralized finance (DeFi) in 2021, reaching an all-time high of around $660 in May 2021, thanks to growing adoption of its decentralized lending and borrowing services.
- 2022 (market correction): like many crypto-currencies, AAVE underwent a major correction in 2022, with its price oscillating between $50 and $100 due to market volatility and declining interest in DeFi.
- 2023 (stabilization and ongoing development): in 2023, AAVE’s share price showed signs of stabilization, fluctuating generally between $50 and $100, supported by ongoing platform developments and new features.
- Currently: AAVE’s price continues to fluctuate based on crypto market trends, innovations in the DeFi ecosystem, and evolving demand for decentralized lending and borrowing services.
Who are the founders of Aave
Stani Kulechov, Aave’s Finnish founder.
He studied law at the University of Helsinki.
Passionate about blockchain, he combined his legal and technological expertise to create ETHLend, which evolved into Aave.
Who are the investors of Aave
Aave’s investors are renowned in the technology field.
They include Three Arrows Capital, Framework Ventures, Blockchain Capital and Standard Crypto, all of whom are contributing to its development and growth in the DeFi field.
Why invest in Aave
Aave stands out in DeFi through innovations such as flash loans, and by offering advanced solutions in decentralized finance.
Aave plays a key role in the evolution of the DeFi ecosystem and continues to expand its horizons with new products and services.
€ 155.34
AAVE
What is Aave?
Aave is a decentralized finance (DeFi) platform that enables the lending and borrowing of crypto-currencies.
The platform is known for its liquidity pools.
Who founded Aave?
Aave was founded by Stani Kulechov in 2017, initially under the name ETHLend.
What makes Aave special in decentralized finance (DeFi)?
Aave stands out in DeFi thanks to innovations such as flash loans and a decentralized lending model based on liquidity pools.
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