Aave Market Capitalization Surpasses $1.95 Billion
Aave's market statistics are currently showing a market capitalization of $1.95 billion and a fully diluted value (FDV) of $2.02 billion.
The 24-hour volume is at $8.79 million, with the price ranging from $123.38 to $129.24 over the past day.
Aave is a decentralized lending protocol that allows users to supply assets and earn interest or borrow by posting collateral worth more than the loan. The AAVE token is used for governance, and its fixed supply of 16 million includes part held in reserve by the protocol treasury.