Live aave/INR Price
₹5,6260.25
Price Changes
₹0
24h Low
₹
24h High
₹
Live aave/INR Price
₹5,6260.25
Price Changes
₹0
24h Low
₹
24h High
₹
₹5,652.0
0.25%
0.74%
#44
7,877 Cr
₹636 Cr
1 Cr. AAVE
49% Buy 51% Sell
Aave was launched in November 2017 with the aim of changing the way the finance industry works.
It removes the centralized authorities from the picture by providing a decentralized platform for easy lending or borrowing of cryptocurrencies. Also known as the Defi protocol, it uses the technology of Ethereum for processing its transactions. With Defi and smart contracts, middlemen are totally out of the picture, and the maths is done all by the smart contracts. Its tokens (Aave) are mostly used as a tool of collateral and a piece of investment.
You earn interest when you lend and give interest when you borrow.
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