AAVE
AAVE
AAVE

AAVE price

in AUD
A$536.03
-A$8.776 (-1.62%)
AUD
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Market cap
A$8.16B #17
Circulating supply
15.22M / 16M
All-time high
A$1,028.52
24h volume
A$1.02B
3.9 / 5
AAVEAAVE
AUDAUD

About AAVE

$AAVE is the native token of Aave, a leading decentralized finance (DeFi) platform that allows users to lend, borrow, and earn interest on cryptocurrencies without relying on traditional banks. Built on blockchain technology, Aave operates through smart contracts, which are self-executing programs that ensure secure and transparent transactions. The AAVE token plays a key role in the ecosystem, offering holders governance rights to vote on platform decisions and providing benefits like fee discounts. Aave’s innovative approach to financial services empowers users to take control of their assets, making it a cornerstone of the growing DeFi movement. Whether you're exploring crypto for the first time or looking to diversify, Aave introduces a new way to interact with money in a decentralized world.
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Last audit: 2 Dec 2020, (UTC+8)

AAVE’s price performance

143% better than the stock market
Past year
+153.34%
A$211.59
3 months
+25.07%
A$428.58
30 days
+17.67%
A$455.54
7 days
+19.54%
A$448.41
63%
Buying
Updated hourly.
More people are buying AAVE than selling on OKX
Buy AAVE

AAVE on socials

Martin Ho 🧩 $BARD
Martin Ho 🧩 $BARD
Just spent time on the @0xSoulProtocol testnet and it honestly feels like the next step for DeFi lending. It combines the reliability of Aave + Compound with cross-chain yield routing, but in a much smoother way: Assets like USDC are auto-allocated to the best yield across chains A clean dashboard shows real-time rates, collateral, and position health Borrowing & repaying is beginner-friendly, with no confusing steps What stands out is how it simplifies the whole lending experience powerful under the hood, but easy enough for anyone to use. DeFi finally feels accessible. Meet Fogo the fastest L1 on SVM @FogoChain runs a pure Firedancer client, built for ultra-low latency trading. 20ms block times & ~45,000 TPS (vs Solana ~5k, Ethereum <50) Multi-Local Consensus → resilient, near-zero latency worldwide MEV-free validator set (20–50 at launch) → progressive decentralization Designed for institutional finance: instant settlement, HFT-ready, global rotation “follow-the-sun.” ✅Devnet live | ✅ Testnet launched | Mainnet Q3 2025 Fogo = Wall Street speed, on-chain. From the outside, the most obvious thing about crypto is not a lack of capital. There is a lot of money, but it rarely flows to the people who are actually building. As users, I have seen builders have to overcome all kinds of barriers: – Red tape – Politics, factions – Intermediaries stealing That’s why @thriveprotocol is so interesting. They cut out this cycle, providing a straight path: Build → Ship → Get Funds. Ultimately, the money goes back to where it should go the people who create real value for Web3.
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30.5K
5
九哥
九哥
Brother Nine's Morning News Share / August 25 1. Market Trends $btc is down, and the BTC dominance rate has dropped from a high of 66% to 58%. Altcoins are generally down, with the market focus around the ETH ecosystem. U.S. stocks are up, and the dollar is down. Powell's speech is dovish, with the market pricing in a Fed rate cut in September and two cuts this year. 2. Market Highlights 1. The public chain $eth has spiked upwards, with ETH ecosystem AAVE rising. AAVE is theoretically entitled to a 7% share of the WLFI token, but Trump is unlikely to grant it, which is a case of big customers bullying small ones. 2. The payment public chain OKB is flat, with a new $100 million X Layer ecological fund launched, which may present opportunities on-chain. 3. Chinese concept coins surged over the weekend, with #ONT, #QTUM, and #NEO rising for nearly a week, with gains exceeding 50%. This may be driven by news of China issuing stablecoins, purely speculative. 4. The BSC chain meme Donkey has surged dozens of times, with a market cap nearing 7000 WU, possibly due to ground promotion. 5. The DeFi WLFI will issue tokens on September 1, unlocking 20%. WLFI is a stablecoin DeFi project created by the Trump family, with early costs at 0.015 and 0.05, and an initial unlock of 20%. Pre-market trading on BN has plummeted, currently with a market cap of $23 billion, slightly below Circle. 6. The stablecoin public chain Plasma plans to issue tokens next month, with pre-market trading on BN for XPL, currently with a market cap of $5 billion, surpassing OKB. 7. The BTC ecosystem Lombard will launch its token on the BUIDLpad platform on August 26, as a re-staking protocol for the Babylon ecosystem, bringing practicality and liquidity to BTC.
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Laolu🧙‍♂️
Laolu🧙‍♂️
In April 2021, Polygon (with a market capitalization of about 4 billion) offered $40 million worth of 1% MATIC to incentivize Aave (with a market capitalization of about 6.5 billion at the time), which was just the icing on the cake for AAVE at the time. In the Swap space: Uniswap was not officially deployed to Polygon until December 2021, and until then, QuickSwap had been dominant. In the lending field: Many protocols for fork mainnet lending products have also emerged on Polygon, but security is a concern, and countless attacks such as EZLend have occurred. The 40M incentive stacked more than 1 billion TVL, and Matic ran all the way from 0.4 to 2.6 in December 21, which is not entirely due to Aave, although it is not entirely due to Aave, but the impact is undoubtedly far-reaching. Unlike the current TVL of $1 billion, the cooperation between Polygon and Aave has long been regarded as a classic example of a win-win situation between public chains and applications, and has also become a template for later generations to follow. Fast forward to December 2024, sparking a heated debate over whether the $1.3 billion in assets in Polygon's cross-chain bridge should be placed on Morpho or Aave. Polygon hesitated for a while, but Aave expressed the risk of doing so and responded strongly, Aave adjusted the parameters of the Polygon lending platform, and the LTV was set to 0, which meant that no matter how many deposits were made, it could not borrow, froze liquidity, and even considered withdrawing from Polygon. As for Morpho, its story is quite dramatic. Initially just an interest rate optimization layer for Aave/Compound, it later launched Morpho Blue independently, rapidly expanding and competing for market share with its powerful BD capabilities, becoming Aave's most threatening opponent. Their strategy is to lobby all types of on-chain funders to migrate liquidity to Morpho as much as possible, thereby competing head-on with Aave. The above story inevitably raises several questions: Did Polygon have to choose Aave to cooperate with in the first place? Without AAVE, could Polygon's ecosystem launch so quickly? Or will security incidents occur frequently and no one cares? What exactly is Morpho's behavior? Is this market innovation or "eating other people's milk and biting back"? In the face of interests, does Polygon still remember the charcoal in the snow back then, or has it long since put that kindness behind? Aave's story continues, and a similar scene is repeated between WLFI and Aave. I dug it up again two years later. Are you afraid of products from Dough Finance? This is the case between projects, but what about people? (The above content is only written based on public information and does not involve any position or interest relationship, please judge and assess the risk by yourself.) )
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AAVE FAQ

AAVE is a decentralized crypto lending platform that facilitates the borrowing and lending of digital assets. AAVE automates the lending process using smart contracts, making it efficient and secure. The protocol focuses on overcollateralized loans, where borrowers must deposit more crypto assets as collateral than the amount they wish to borrow. 

AAVE differs from Compound (COMP) in several ways. AAVE provides flash loans, enabling consumers to borrow assets without security for a brief duration. On the other hand, COMP does not provide flash loans. Additionally, AAVE offers a decentralized governance mechanism where token holders may vote on modifications to the platform.

Easily buy AAVE tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include AAVE/BTC, AAVE/USDT, and AAVE/USDC. Users are also able to purchase AAVE with a choice of over 90 fiat currencies via the “Express buy” option.

You can also swap your existing cryptocurrencies, such as XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for AAVE with zero fees and no price slippage by simply using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into AAVE, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one AAVE is worth A$536.03. For answers and insight into AAVE's price action, you're in the right place. Explore the latest AAVE charts and trade responsibly with OKX.
Cryptocurrencies, such as AAVE, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as AAVE have been created as well.
Check out our AAVE price prediction page to forecast future prices and determine your price targets.

Dive deeper into AAVE

The AAVE team introduced the AAVE Protocol to the market in 2020, marking a significant milestone as it enabled users to leverage actual cash on the platform. Before this, the idea of borrowing and lending cryptocurrencies appeared unconventional. Since its inception, the AAVE protocol has revolutionized the decentralized finance (DeFi) ecosystem. AAVE is one of the most renowned lending protocols within the DeFi space. But what precisely is the AAVE protocol, and what factors contributed to its widespread acclaim?

What is AAVE?

AAVE, formerly known as ETHLend, is a prominent decentralized money market protocol that facilitates the lending and borrowing of crypto assets. The protocol operates through a native token called AAVE, which serves as a governance token, empowering the community to shape the protocol's trajectory collectively. 

Within the AAVE protocol, lenders can generate income by supplying liquidity to the market, while borrowers can collateralize their crypto assets to secure loans from the available liquidity pools. AAVE supports decentralized and non-custodial lending, allowing users to earn interest on their holdings and borrow various crypto assets. The protocol operates fully decentralized and incorporates a governance mechanism that relies on the AAVE token.

The AAVE Team 

AAVE was initially founded in 2017 by Stani Kulechov under the name ETHLend. Kulechov's original vision was to create a platform that connected borrowers with lenders in a peer-to-peer (P2P) fashion. However, faced with various challenges, Kulechov shifted the approach to a peer-to-contract model, ultimately transforming ETHLend into AAVE. 

How does AAVE work?

AAVE allows users to deposit their assets into a liquidity pool, earning interest in proportion to their contributions. Individuals can obtain a loan by providing collateral as an asset on the borrowing side. If the loan cannot be repaid, the protocol can liquidate the collateral to cover the outstanding debt. 

Collateralized loans

Collateralized loans AAVE offers overcollateralized loans, requiring borrowers to deposit crypto assets worth more than the amount they wish to borrow. This ensures lenders are protected from potential loan defaults and allows the AAVE protocol to liquidate the collateral if its value significantly declines.

Flash loans

The AAVE protocol also enables flash loans, allowing users to borrow any amount of money from the protocol's capital without providing collateral. However, it is essential to note that the loan must be repaid almost immediately within the same transaction block.

AAVE’s native token: AAVE 

When you deposit funds into AAVE, you receive an equivalent amount of tokens. These tokens are crucial to the network as they allow you to earn interest through lending activities. 

Tokenomics 

The AAVE ecosystem consists of a total of 16 million AAVE tokens, with 14.393 million tokens currently in circulation. It's important to note that 3 million tokens from the total supply are allocated to the founding team. These tokens play a significant role in supporting the development and growth of the AAVE protocol.

AAVE use cases 

AAVE has multiple use cases within the DeFi protocol. Firstly, it is widely used for staking and governance, allowing token holders to participate actively in the decision-making process and contribute to the development of the protocol. 

Additionally, AAVE plays a crucial role in facilitating lending and borrowing services offered by the protocol. Users can borrow funds against their collateral, participate in collateral swaps, and even utilize flash loans for quick and efficient transactions. 

AAVE Distribution 

The distribution of AAVE tokens is as follows:

  • 30 percent of the tokens were set aside for the core development of the DeFi protocol.
  • 20 percent of the tokens were allocated for developing a user-friendly interface, ensuring a smooth user experience.
  • 20 percent of the tokens were allocated for management and legal costs of maintaining the protocol.
  • 20 percent of the tokens were used for promotions and marketing activities to increase awareness and adoption.
  • 10 percent of the tokens are reserved for covering overhead costs related to the operation of the AAVE ecosystem.

What the future holds for AAVE

The future looks promising for AAVE and its token holders, as the protocol has set ambitious goals for its ecosystem. With a clear vision and strategic plans, AAVE is poised to maintain its position as a leading protocol for borrowing and lending in the crypto industry. 

However, it is important to note that the rapidly evolving crypto ecosystem regularly introduces new innovations and competition. The AAVE team must stay agile and prepared to navigate the challenges posed by emerging projects to sustain their success.

Disclaimer

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Market cap
A$8.16B #17
Circulating supply
15.22M / 16M
All-time high
A$1,028.52
24h volume
A$1.02B
3.9 / 5
AAVEAAVE
AUDAUD
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