Aave (AAVE) Reaches One Day Volume of $129.18 Million

Aave (AAVE) traded 0.3% higher against the dollar during the 1-day period ending at 17:00 PM Eastern on August 18th. One Aave token can now be purchased for approximately $111.55 or 0.00186959 BTC on major exchanges. During the last seven days, Aave has traded up 20.6% against the dollar. Aave has a total market capitalization of $1.66 billion and $129.18 million worth of Aave was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% lower against the dollar and now trades at $0.0137 or 0.00000023 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 10.2% against the dollar and now trades at $0.0530 or 0.00000089 BTC.

Aave Token Profile

Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,905,679 tokens. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. Aave’s official website is aave.com. Aave’s official message board is medium.com/aave. Aave’s official Twitter account is @aave and its Facebook page is accessible here.

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.”

Buying and Selling Aave

It is usually not presently possible to purchase alternative cryptocurrencies such as Aave directly using US dollars. Investors seeking to trade Aave should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Aave using one of the aforementioned exchanges.

AAVE/USD price chart by TradingView