1H
0.55%$0.9552
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-3.97%$7.22
7D
-10.1%$19.53
30D
12.5%$19.35
AAVE token has crashed more than 2% in the past 24 hours as SEC announced the end to its 4-year probe in the DeFi protocol.
Whale accumulation in ENA, LINK, and AAVE is on the rise as the broader altcoin market trades inside a bullish wedge formation.
The new app by Aave offers automatic compounding and balance protection, competing in a DeFi lending market where Morpho protocol offers yields above 10%.
Aave has officially surpassed $30 billion in total active borrows, marking a significant milestone during a period of substantial growth. The achievement comes alongside record-breaking deposits of $73.2 billion and strategic expansion to non-EVM blockchains.
DeFi lender Aave’s TVL has recently achieved a new peak, surpassing Lido to become the leading DeFi platform.
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.
Find the details on Theta – a decentralized streaming network that aspires to improve the streaming market efficiency by streamlining the video delivery process.
Here we’ll have a deeper look at Binance USD (BUSD) – fiat-backed stablecoin that was the first to receive regulatory approval from the New York State Department of Financial Services.
