Aave Price (AAVE)

Here you can see the current Aave price and its historical development. Aave is one of the crypto currencies you can trade at BISON.

Current Price 96,0109 +0,23%
Time and Date Tuesday, 16.01.2024 18:13:40
24h Low 92,9864
24h High 101,1417
Last 52 weeks Low 45,8008 (16.06.2023)
Last 52 weeks High 107,5717 (29.12.2023)

General information about Aave (AAVE)

Aave (AAVE) is one of the most popular DeFi protocols developed through decentralized governance (DAO). Aave is a decentralized lending platform and one of the major liquidity protocols in the DeFi world. Stani Kulechov founded this open-source protocol that is based on the Ethereum network in November 2017. Aave enables the lending of cryptocurrencies. In this process, lenders provide liquidity to the market and earn interest in return. Borrowers can use their cryptocurrencies as collateral. AAVE is the Aaave protocol’s governance token and was originally called ETHLEND. One of its standout features are flash loans, which are considered the first uncollateralized loan option in the DeFi space.

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Interesting facts about the digital currency Aave (AAVE) at a glance

  • Abbreviation: AAVE
  • Tradable since: October 2020
  • Ranking: 48th place (29.11.2022)
  • All-time high: €684.44 (18.05.2021)

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