Aave Tops 1-Day Volume of $204.17 Million (AAVE)

Aave (AAVE) traded 8.1% higher against the dollar during the 1 day period ending at 20:00 PM ET on November 5th. One Aave token can now be bought for $139.32 or 0.00196308 BTC on popular cryptocurrency exchanges. Aave has a total market cap of $2.09 billion and $204.17 million worth of Aave was traded on exchanges in the last day. During the last week, Aave has traded 7.2% lower against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 3.7% higher against the dollar and now trades at $70,415.40 or 0.99215611 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.3% against the dollar and now trades at $69,962.81 or 0.98577908 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Aave

Aave’s genesis date was October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,973,432 tokens. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. The official website for Aave is aave.com. Aave’s official Twitter account is @aave and its Facebook page is accessible here. Aave’s official message board is medium.com/aave.

According to CryptoCompare, “AAVE is a decentralized finance protocol built on the Ethereum blockchain that enables users to borrow and lend digital assets in the form of flash loans, while also providing users with a yield-generating market to earn interest from their crypto holdings. AAVE is secured by a collateral model and features a token staking model, allowing users to stake their tokens to earn rewards. The protocol is designed to be permissionless, trustless, and secure, providing users with a secure and transparent way to access DeFi services. AAVE (AAVE) token was created by Stani Kulechov and the Aave team in 2017.”

Aave Token Trading

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

AAVE/USD price chart by TradingView