AAVE

AAVEUSD COINBASE
AAVEUSD
AAVE COINBASE
 
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Market Cap
FD Market Cap
Trading Volume 24h
Circulating Supply
Max supply

Important events

Apr 212022

Aave gets rolled into the avalanche

Aave – a crypto lending protocol – sees its latest liquidity mining get the green light to be deployed on Avalanche.

  • AAVE’s latest version (V3) can now be used to liquidity mine on Avalanche after Ava Labs (dev network of Avalanche ecosystem) announced the upgrade from V2 on Wednesday. Liquidity miners will be quick to lend their tokens to receive their rewards, given yield returns will quickly thaw.
  • And they were quick indeed – there’s already been a snowslide of deposits on Avalanche’s blockchain due to the launch. Total value locked into liquidity pools went from $6m to $1bn in two days, and as of yesterday, Aave V3 has the largest TVL on Avalanche at $4.21bn.
  • AAVE was up almost 2% on Wednesday, riding the Avalanche slope to gain 16% since the beginning of the week. The crypto lenders might need something more than liquidity mining to lend a hand to its price, however – AAVE is down 72% since its ATH of $670 in May last year.
Kira Laktionov / Unsplash
Dec 312021

A promising partnership boosts Aave

A new partnership injects some life into open-source De-Fi protocol Aave.

  • Its native token lifted 11.17% on Thursday to recover slightly from a broader crypto sell-off earlier this week.
  • Aave has launched a real world asset (RWA) market in partnership with decentralized asset financing protocol Centrifuge (CFGUSDT). Users can now tokenize and borrow real world assets (think real estate, cargo invoices, etc) using stablecoins as collateral, starting with USD Coin (USDCUSD).
  • Aave CEO Stani Kulechov thinks it’ll unlock the potential of Web3, saying the RWA market will transform decentralized finance as a whole.

We've launched the RWA Market with
@AaveAave
🎉 🌀 👻

Let's dive in on what this means for DeFi — and cryptocurrency as a whole!