Aave (AAVE) Price Hits $103.60 on Major Exchanges

Aave (AAVE) traded down 2.9% against the US dollar during the 24 hour period ending at 19:00 PM Eastern on May 25th. Aave has a total market capitalization of $1.44 billion and $204.23 million worth of Aave was traded on exchanges in the last day. One Aave coin can currently be bought for approximately $103.60 or 0.00348571 BTC on major cryptocurrency exchanges. In the last seven days, Aave has traded 23.1% higher against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • BITCOIN ADDITIONAL (BTCA) traded 0.5% higher against the dollar and now trades at $29,726.17 or 1.00017026 BTC.
  • Binance USD (BUSD) traded down 0.1% against the dollar and now trades at $1.00 or 0.00003361 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00003365 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded 1.6% lower against the dollar and now trades at $0.65 or 0.00002191 BTC.
  • yOUcash (YOUC) traded 0% lower against the dollar and now trades at $0.50 or 0.00001683 BTC.

Aave Profile

AAVE is a coin. It launched on October 2nd, 2020. Aave’s total supply is 16,000,000 coins and its circulating supply is 13,867,839 coins. Aave’s official Twitter account is @AaveAave and its Facebook page is accessible here. Aave’s official website is ethlend.io. Aave’s official message board is medium.com/@ethlend1. The Reddit community for Aave is /r/ETHlend and the currency’s Github account can be viewed here.

According to CryptoCompare, “Aave is a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion. The goal of Aave as a protocol is to bring decentralized finance to the masses. Aave protocol has been audited and secured. The protocol is completely open source, which allows anyone to interact with Aave user interface client, API or directly with the smart contracts on the Ethereum network.. Feel free to refer to the White Paper for a deeper dive into Aave Protocol mechanisms. Aave (LEND) is migrating to Aave (AAVE), please refer to the following announcement.   “

Buying and Selling Aave

It is usually not possible to purchase alternative cryptocurrencies such as Aave directly using U.S. dollars. Investors seeking to trade Aave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Aave using one of the exchanges listed above.

Receive News & Updates for Aave Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Aave and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.