Aave
Aave Price (AAVE-USD)
Aave Price Chart
- Current Price
- $118.34
- Price Change (24h)
- -$2.20 (-1.83%)
- 24h Low - 24h High
- $117.70 - $120.72
- 24h Volume
- $1.05M (8,840.00)
- Market Cap
- $1.98B
- Volume / Market Cap
- 0.00058
- Circulation Supply
- 15.18M
- 1-Year Price Return
- -42.02%
- 6-Month Price Return
- 24.03%
- 3-Month Price Return
- 35.94%
- 1-Month Price Return
- -26.66%
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What is Aave?
Aave
Created by Stani Kulechov in 2017, this DeFi protocol is focused on enabling lending and borrowing transactions in around 20 cryptocurrencies. Aave has an IPFS-deployed open-sourced frontend and offers key features such as a choice of stable or variable interest rates, and credit delegation. In its latest iteration, AAVE is focused on four areas of enhancements: capital efficiency, protocol safety, decentralization, and user experience. This includes generating more yield for liquidity providers, optimizing borrowing power, and providing new functionalities. Currently ~$5.6 billion worth of liquidity is locked in AAVE across seven networks. The maximum supply of AAVE coins is capped at 16 million.
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 5 | 4 | 13 |
| Technical Analysis | 4 | 4 | 2 |
| Moving Averages | 1 | 0 | 11 |
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