Average Daily Volume
Aave is currently ranked number 46 worldwide with a daily trading volume of $110,203,845.00, which it will make it super easy for you to sell your holdings of Aave.
Rating: 5/5
Market Cap
Aave has a total market cap of $1,239,200,448.00.
Rating: 5/5
Community
Aave has 626,192 total followers in all its social media accounts.
Rating: 5/5
All Time High
Aave is currently -86.85% from its highest price $661.69 on 2021-05-18.
Rating: 5/5
Price Potential
The Aave price has the potential to increase to $87,010.96 during the next cryptocurrency bull market, which may occur within the next five years.
Overall Score
Our algorithm believes it is an excellent time to invest in Aave right now.
Overall rating: 5/5
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What Is Aave?
Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders canĀ earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.