BTC$80,169.00+2.96%
ETH$2,421.93+5.54%
USDT$0.9993+0.02%
BNB$717.22+2.48%
XRP$1.30+1.46%
USDC$0.9997+0.01%
SOL$94.87+1.24%
TRX$0.3195-1.07%
FIGR_HELOC$1.03-1.08%
ZEC$1,289.69+4.00%
HYPE$83.16-3.45%
DOGE$0.0767+1.57%
XMR$635.40+0.43%
USDS$1.00+0.01%
WBT$77.65+3.73%
LINK$11.44+2.57%
LEO$9.34+0.49%
ADA$0.1967+3.09%
XLM$0.1665+1.70%
BCH$280.74+1.69%
Rank #46
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 can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.