
Aave (AAVE) Price
Historical Aave price chart and current Aave price.
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What is Aave?
Aave is an open source and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. The AAVE protocol is a system of smart contracts that manages the lending and borrowing operations without the need for an intermediary. Users can post collateral in a certain cryptocurrency and loan another. Holding AAVE or using it as collateral allows users to borrow more money and reduces the handling fee users need to pay to borrow cryptocurrencies, among other benefits.
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