Aave's price today is $62.10 USD, with a 24-hour trading volume of $36,440,960 USD. AAVE
is down -1.33% in the last 24 hours. Aave is currently ranked #46 with a
market capitalization of $903,473,703 USD.
Aave is a non-custodial open-source protocol that allows users to create money markets, providing them with the opportunity to borrow, lend, and earn interest on their crypto assets in a decentralized and automated manner.
The protocol was created in 2018 by Stani Kulechov in Switzerland after raising over $16 million in its Initial Coin Offering (ICO) in 2017. At that time, the protocol’s token was named “LEND” but would later be renamed to AAVE, which means “ghost” in Finnish, in 2018.
Aave was designed as a decentralized lending system in which users could lend and borrow cryptocurrencies and earn interest by depositing in the liquidity pools.
What is Aave All-Time High price (ATH)?
On May 18th, 2021 09:19:59 PM, Aave hit a historic high of $661.69 USD.
It has been about 2 years ago since Aave reached its peak.
What is Aave All-Time Low price (ATL)?
On November 5th, 2020 09:20:11 AM, Aave reached a bottoming price of $26.02 USD.
About 2 years ago has passed Aave has seen such a low price.