LEND has migrated to AAVE at a rate of 100 LEND per 1 AAVE. For more information, please see Aave's announcement


Rank #58
On 275,630 watchlists

Aave Price (AAVE)


0.003609 BTC3.18%

0.04234 ETH3.37%

Market Cap
Market Cap / TVL Ratio
Fully Diluted Market Cap
Total Value Locked (TVL)
Volume / Market Cap
Circulating Supply
13,418,016.29 AAVE
Max Supply
Total Supply

Aave to USD Chart

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AAVE Price Live Data

The live Aave price today is $184.06 USD with a 24-hour trading volume of $373,546,106 USD. We update our AAVE to USD price in real-time. Aave is up 0.97% in the last 24 hours. The current CoinMarketCap ranking is #58, with a live market cap of $2,469,766,914 USD. It has a circulating supply of 13,418,016 AAVE coins and a max. supply of 16,000,000 AAVE coins.

If you would like to know where to buy Aave, the top cryptocurrency exchanges for trading in Aave stock are currently Binance, OKEx, Mandala Exchange, FTX, and Huobi Global. You can find others listed on our crypto exchanges page.

What Is Aave (AAVE)?

Aave is a decentralized finance protocol that allows people to lend and borrow crypto.

Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.

Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)

AAVE provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.

Who Are the Founders of Aave?

Aave, and its predecessor ETHLend, were founded by Stani Kulechov. At the time, he was frustrated at the lack of lending applications on Ethereum — and his project was built before decentralized finance even existed.

Kulechov is a serial entrepreneur who went to law school and began programming when he was a teenager. He was an early adopter in the blockchain space. The CEO has said that he wanted to rebrand ETHLend as Aave so the company could offer a wider range of services beyond Ether lending.

According to Kulechov, Aave’s main target market are people who are already engaged in the cryptocurrency community.

What Makes Aave Unique?

Aave has several unique selling points when compared with competitors in an increasingly crowded market. During the DeFi craze in the summer of 2020, it was one of the biggest projects in terms of the total value of crypto locked in its protocol.

The project allows people to borrow and lend in about 20 cryptocurrencies, meaning that users have a greater amount of choice. One of Aave’s flagship products are “flash loans,” which have been billed as the first uncollateralized loan option in the DeFi space. There’s a catch: they must be paid back within the same transaction.

Another big selling point is how those who borrow through Aave can alternate between fixed and variable interest rates. While fixed rates can provide some certainty about costs during times of volatility in the crypto markets, variable rates can come in handy if the borrower thinks that prices will fall in the near future.

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How Many AAVE (AAVE) Coins Are There in Circulation?

Circulation is linked to the total value locked on Aave, as tokens are burned whenever the protocol gathers fees.

An initial coin offering was held in November 2017, where $16.2 million was raised by selling one billion AAVE tokens at a rate equivalent to $0.0162 a piece. At the time, 23% of AAVE tokens were assigned to its founders and project.

AAVE tokens have been built based on the ERC-20 standard, and they are designed to be deflationary. In the event of a shortfall in the DeFi protocol, staked tokens would be used as collateral as a last resort.

In July 2020, Aave unveiled plans to hold a token swap. This means that the 1.3 billion AAVE tokens in circulation would be swapped for the newly minted AAVE cryptocurrency at a ratio of 1:100, creating a total supply of 16 million AAVE. (Three million of this would be held in reserve.)

How Is the Aave Network Secured?

Aave’s open-source protocol is built on Ethereum, a blockchain that is currently making the transition from Proof-of-Work to Proof-of-Stake.

Where Can You Buy Aave (AAVE)?

Some of the biggest exchanges that list AAVE tokens include CoinDCX, Binance, CoinBene and OKEx. You can find out more about how to convert fiat into crypto here.

AAVE to USD Converter






United States Dollar

AAVE Price Statistics

Aave Price Today
Aave Price$184.06
Price Change24h$1.76
24h Low / 24h High
$168.93 /
Trading Volume24h$373,546,106.25
Volume / Market Cap0.1512
Market Dominance0.10%
Market Rank#58
Total Value Locked (TVL)$14,560,548,841
Aave Market Cap
Market Cap$2,469,766,913.95
Fully Diluted Market Cap$2,945,015,847.95
Aave Price Yesterday
Yesterday's Low / High
$168.93 /
Yesterday's Open / Close
$191.77 /
Yesterday's Change


Yesterday's Volume$387,818,841.14
Aave Price History
7d Low / 7d High
$169.31 /
30d Low / 30d High
$169.31 /
90d Low / 90d High
$169.31 /
52 Week Low / 52 Week High
$63.68 /
All Time High
May 18, 2021 (7 months ago)
All Time Low
Nov 05, 2020 (a year ago)
Aave ROI


Aave Supply
Circulating Supply13,418,016 AAVE
Total Supply16,000,000 AAVE
Max Supply16,000,000 AAVE